Joseph Sanborn Sells 1,063 Shares of EverQuote (NASDAQ:EVER) Stock

Key Points

• Joseph Sanborn, CFO of EverQuote, sold 1,063 shares of the company's stock on October 2nd for a total of $23,322.22, reducing his position by 0.42%.
• EverQuote's stock price increased by 0.4% to $22.27, with a market capitalization of approximately $813.08 million.
• Recent analyst reports have given EverQuote an average rating of "Buy" and a consensus price target of $32.40.

EverQuote, Inc. (NASDAQ:EVER - Get Free Report) CFO Joseph Sanborn sold 1,063 shares of EverQuote stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $21.94, for a total value of $23,322.22. Following the completion of the sale, the chief financial officer directly owned 251,915 shares of the company's stock, valued at $5,527,015.10. The trade was a 0.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

EverQuote Stock Up 0.4%

Shares of EverQuote stock traded up $0.08 during trading hours on Friday, reaching $22.27. 378,440 shares of the stock traded hands, compared to its average volume of 529,555. EverQuote, Inc. has a one year low of $16.63 and a one year high of $30.03. The firm has a market capitalization of $813.08 million, a price-to-earnings ratio of 17.96 and a beta of 0.58. The company has a 50 day moving average price of $23.82 and a 200 day moving average price of $24.12.

EverQuote (NASDAQ:EVER - Get Free Report) last announced its earnings results on Monday, August 4th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. The company had revenue of $156.63 million during the quarter, compared to analyst estimates of $157.19 million. EverQuote had a net margin of 7.57% and a return on equity of 36.90%. The firm's quarterly revenue was up 33.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.17 earnings per share. EverQuote has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that EverQuote, Inc. will post 0.72 earnings per share for the current year.

Wall Street Analysts Forecast Growth

EVER has been the subject of a number of recent research reports. Weiss Ratings reiterated a "hold (c)" rating on shares of EverQuote in a research note on Saturday, September 27th. Needham & Company LLC restated a "buy" rating and issued a $38.00 price objective on shares of EverQuote in a research report on Tuesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $32.40.

Institutional Investors Weigh In On EverQuote

Several large investors have recently bought and sold shares of EVER. Jane Street Group LLC increased its stake in EverQuote by 88.7% during the fourth quarter. Jane Street Group LLC now owns 12,081 shares of the company's stock worth $241,000 after acquiring an additional 5,678 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in EverQuote by 34.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 47,500 shares of the company's stock worth $950,000 after purchasing an additional 12,118 shares during the period. California State Teachers Retirement System lifted its stake in EverQuote by 11.8% in the fourth quarter. California State Teachers Retirement System now owns 24,781 shares of the company's stock worth $495,000 after purchasing an additional 2,624 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of EverQuote by 3,600.0% during the first quarter. GAMMA Investing LLC now owns 8,695 shares of the company's stock valued at $228,000 after buying an additional 8,460 shares during the period. Finally, Hennion & Walsh Asset Management Inc. bought a new position in shares of EverQuote during the first quarter valued at approximately $315,000. Institutional investors own 91.54% of the company's stock.

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.

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