EverQuote, Inc. (NASDAQ:EVER) CEO Sells $347,512.00 in Stock

EverQuote, Inc. (NASDAQ:EVER - Get Free Report) CEO Jayme Mendal sold 14,360 shares of the business's stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $24.20, for a total transaction of $347,512.00. Following the completion of the transaction, the chief executive officer now owns 558,789 shares of the company's stock, valued at $13,522,693.80. The trade was a 2.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Jayme Mendal also recently made the following trade(s):

• On Tuesday, May 20th, Jayme Mendal sold 14,360 shares of EverQuote stock. The shares were sold at an average price of $23.54, for a total transaction of $338,034.40.
• On Monday, April 21st, Jayme Mendal sold 14,360 shares of EverQuote stock. The shares were sold at an average price of $21.36, for a total transaction of $306,729.60.

EverQuote Price Performance

EVER stock traded up $0.10 during trading on Thursday, reaching $23.83. 489,917 shares of the company were exchanged, compared to its average volume of 548,846. The company has a 50-day moving average of $24.01 and a two-hundred day moving average of $22.61. The company has a market capitalization of $851.21 million, a price-to-earnings ratio of 23.36 and a beta of 0.33. EverQuote, Inc. has a twelve month low of $16.63 and a twelve month high of $30.03.

Institutional Investors Weigh In On EverQuote

Institutional investors have recently added to or reduced their stakes in the business. KLP Kapitalforvaltning AS bought a new stake in EverQuote during the 4th quarter worth approximately $90,000. FNY Investment Advisers LLC bought a new stake in EverQuote during the 1st quarter worth approximately $157,000. AlphaQuest LLC grew its holdings in EverQuote by 53.9% during the 4th quarter. AlphaQuest LLC now owns 7,704 shares of the company's stock worth $154,000 after acquiring an additional 2,698 shares during the last quarter. Arizona State Retirement System bought a new stake in shares of EverQuote in the 1st quarter valued at $202,000. Finally, Linden Thomas Advisory Services LLC bought a new stake in shares of EverQuote in the 1st quarter valued at $216,000. 91.54% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Needham & Company LLC restated a "buy" rating and issued a $38.00 target price on shares of EverQuote in a research report on Tuesday, May 6th. JPMorgan Chase & Co. upped their price objective on shares of EverQuote from $29.00 to $30.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 6th. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $32.50.

EverQuote Company Profile

EverQuote, Inc operates an online marketplace for insurance shopping in the United States. The company offers auto, home and renters, and life insurance. The company serves carriers and agents, as well as indirect distributors. The company was formerly known as AdHarmonics, Inc, and changed its name to EverQuote, Inc in November 2014.