David Brainard Sells 14,590 Shares of EverQuote, Inc. (NASDAQ:EVER) Stock

EverQuote, Inc. (NASDAQ:EVER) CTO David Brainard sold 14,590 shares of the business’s stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $17.44, for a total value of $254,449.60. Following the completion of the sale, the chief technology officer now owns 137,291 shares of the company’s stock, valued at $2,394,355.04. This trade represents a 9.61 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

David Brainard also recently made the following trade(s):

• On Monday, November 18th, David Brainard sold 912 shares of EverQuote stock. The stock was sold at an average price of $18.34, for a total value of $16,726.08.
• On Wednesday, October 2nd, David Brainard sold 1,641 shares of EverQuote stock. The shares were sold at an average price of $20.22, for a total transaction of $33,181.02.

EverQuote Trading Up 2.4 %

NASDAQ:EVER traded up $0.41 during mid-day trading on Thursday, hitting $17.21. The stock had a trading volume of 377,050 shares, compared to its average volume of 471,955. EverQuote, Inc. has a 52 week low of $10.21 and a 52 week high of $28.09. The stock has a market capitalization of $608.39 million, a price-to-earnings ratio of 50.62 and a beta of 0.96. The company has a 50 day simple moving average of $18.71 and a 200-day simple moving average of $20.97.

EverQuote (NASDAQ:EVER) last issued its quarterly earnings data on Monday, November 4th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.09. EverQuote had a return on equity of 13.94% and a net margin of 3.31%. The business had revenue of $144.53 million during the quarter, compared to the consensus estimate of $140.30 million. During the same period in the previous year, the firm posted ($0.40) earnings per share. The business’s revenue was up 162.7% on a year-over-year basis. As a group, equities research analysts anticipate that EverQuote, Inc. will post 0.72 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Gladius Capital Management LP bought a new position in shares of EverQuote in the third quarter valued at approximately $26,000. Quarry LP lifted its position in EverQuote by 215.5% in the second quarter. Quarry LP now owns 1,442 shares of the company’s stock worth $30,000 after purchasing an additional 985 shares during the period. nVerses Capital LLC bought a new position in EverQuote during the 2nd quarter valued at $35,000. CWM LLC increased its position in shares of EverQuote by 133.2% during the 2nd quarter. CWM LLC now owns 1,861 shares of the company’s stock valued at $39,000 after purchasing an additional 1,063 shares during the period. Finally, Quantbot Technologies LP increased its position in shares of EverQuote by 115.1% during the 3rd quarter. Quantbot Technologies LP now owns 3,502 shares of the company’s stock valued at $74,000 after purchasing an additional 1,874 shares during the period. Institutional investors and hedge funds own 91.54% of the company’s stock.

Analyst Upgrades and Downgrades

EVER has been the subject of several research reports. B. Riley decreased their price target on shares of EverQuote from $36.50 to $29.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. JPMorgan Chase & Co. decreased their target price on EverQuote from $34.00 to $28.00 and set an “overweight” rating for the company in a research note on Tuesday, November 5th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, EverQuote presently has an average rating of “Buy” and an average price target of $31.60.

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.