George R. Neble Sells 1,250 Shares of EverQuote, Inc. (NASDAQ:EVER) Stock

EverQuote, Inc. (NASDAQ:EVER) Director George R. Neble sold 1,250 shares of the company’s stock in a transaction on Friday, January 10th. The shares were sold at an average price of $18.18, for a total value of $22,725.00. Following the transaction, the director now directly owns 53,720 shares in the company, valued at $976,629.60. This represents a 2.27 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

EverQuote Price Performance

Shares of NASDAQ:EVER opened at $18.22 on Friday. The firm has a fifty day moving average price of $18.80 and a two-hundred day moving average price of $20.77. The company has a market cap of $644.10 million, a price-to-earnings ratio of 53.59 and a beta of 0.96. EverQuote, Inc. has a one year low of $10.21 and a one year high of $28.09.

EverQuote (NASDAQ:EVER) last posted its earnings results on Monday, November 4th. The company reported $0.31 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 analysts’ expectations of $140.30 million. During the same period in the previous year, the business earned ($0.40) earnings per share. The firm’s revenue was up 162.7% on a year-over-year basis. Equities research analysts expect that EverQuote, Inc. will post 0.72 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Gladius Capital Management LP purchased a new position in EverQuote in the 3rd quarter worth approximately $26,000. Quarry LP grew 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 acquiring an additional 985 shares in the last quarter. nVerses Capital LLC increased its stake in EverQuote by 41.2% in the third quarter. nVerses Capital LLC now owns 2,400 shares of the company’s stock valued at $51,000 after acquiring an additional 700 shares during the last quarter. Quantbot Technologies LP raised its position in EverQuote by 115.1% during the third 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 in the last quarter. Finally, Meeder Asset Management Inc. bought a new stake in EverQuote during the second quarter worth about $76,000. 91.54% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

EVER has been the subject of several recent research reports. JPMorgan Chase & Co. reduced their target price on shares of EverQuote from $28.00 to $25.00 and set an “overweight” rating for the company in a research note on Friday. Raymond James upgraded shares of EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 price objective for the company in a research note on Thursday, December 26th. Finally, B. Riley cut their price target on EverQuote from $36.50 to $29.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $31.67.

About EverQuote

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.