EverQuote, Inc. (NASDAQ:EVER - Get Free Report) CFO Joseph Sanborn sold 664 shares of the company's stock in a transaction on Tuesday, April 2nd. The stock was sold at an average price of $18.73, for a total transaction of $12,436.72. Following the sale, the chief financial officer now directly owns 229,037 shares of the company's stock, valued at $4,289,863.01. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Joseph Sanborn also recently made the following trade(s):
- On Friday, January 5th, Joseph Sanborn sold 477 shares of EverQuote stock. The stock was sold at an average price of $11.49, for a total value of $5,480.73.
EverQuote Stock Performance
Shares of EverQuote stock traded down $0.40 during trading on Thursday, reaching $18.78. The company had a trading volume of 1,002,938 shares, compared to its average volume of 366,851. EverQuote, Inc. has a fifty-two week low of $5.36 and a fifty-two week high of $20.34. The firm's fifty day moving average is $16.16 and its 200-day moving average is $11.69. The company has a market cap of $642.84 million, a price-to-earnings ratio of -12.66 and a beta of 0.90.
EverQuote (NASDAQ:EVER - Get Free Report) last announced its quarterly earnings data on Monday, February 26th. The company reported ($0.19) earnings per share for the quarter, beating the consensus estimate of ($0.31) by $0.12. EverQuote had a negative return on equity of 34.38% and a negative net margin of 17.81%. The firm had revenue of $55.71 million during the quarter, compared to analyst estimates of $49.89 million. On average, research analysts anticipate that EverQuote, Inc. will post -0.43 EPS for the current fiscal year.
Institutional Investors Weigh In On EverQuote
A number of institutional investors have recently made changes to their positions in the company. FNY Investment Advisers LLC acquired a new position in EverQuote in the fourth quarter valued at approximately $40,000. Citigroup Inc. increased its position in EverQuote by 1,200.2% in the second quarter. Citigroup Inc. now owns 6,371 shares of the company's stock worth $41,000 after buying an additional 5,881 shares during the period. First Horizon Advisors Inc. lifted its stake in EverQuote by 52.5% in the third quarter. First Horizon Advisors Inc. now owns 5,755 shares of the company's stock valued at $42,000 after buying an additional 1,981 shares during the last quarter. State of Wyoming acquired a new position in shares of EverQuote during the fourth quarter valued at $42,000. Finally, Osaic Holdings Inc. grew its position in shares of EverQuote by 35.9% during the second quarter. Osaic Holdings Inc. now owns 6,573 shares of the company's stock worth $43,000 after acquiring an additional 1,735 shares during the last quarter. 91.54% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
EVER has been the subject of several recent research reports. Raymond James raised shares of EverQuote from a "market perform" rating to an "outperform" rating and set a $13.00 price objective for the company in a research report on Tuesday, December 12th. JPMorgan Chase & Co. upped their price objective on shares of EverQuote from $13.00 to $25.00 and gave the company an "overweight" rating in a research report on Tuesday, February 27th. B. Riley lifted their target price on EverQuote from $18.00 to $25.00 and gave the stock a "buy" rating in a research report on Tuesday, February 27th. Finally, Needham & Company LLC increased their price target on EverQuote from $15.00 to $25.00 and gave the company a "buy" rating in a report on Tuesday, February 27th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, EverQuote presently has a consensus rating of "Moderate Buy" and a consensus price target of $20.80.
View Our Latest Research Report on EVER
EverQuote Company Profile
(
Get Free Report)
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.
Further Reading
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