EverQuote, Inc. (NASDAQ:EVER) General Counsel Julia Brncic Sells 740 Shares

EverQuote, Inc. (NASDAQ:EVER) General Counsel Julia Brncic sold 740 shares of the stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $17.89, for a total transaction of $13,238.60. Following the transaction, the general counsel now directly owns 109,079 shares of the company’s stock, valued at $1,951,423.31. This represents a 0.67 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Julia Brncic also recently made the following trade(s):

• On Wednesday, October 2nd, Julia Brncic sold 818 shares of EverQuote stock. The stock was sold at an average price of $20.22, for a total value of $16,539.96.

EverQuote Trading Down 1.1 %

Shares of EVER stock opened at $19.15 on Friday. EverQuote, Inc. has a twelve month low of $8.44 and a twelve month high of $28.09. The company has a market capitalization of $676.95 million, a price-to-earnings ratio of 56.32 and a beta of 1.06. The firm has a 50-day moving average price of $19.64 and a 200 day moving average price of $21.69.

EverQuote (NASDAQ:EVER) last released its quarterly earnings data on Monday, November 4th. The company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates 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 prior year, the firm posted ($0.40) EPS. The business’s revenue for the quarter was up 162.7% on a year-over-year basis. As a group, research analysts predict that EverQuote, Inc. will post 0.72 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently commented on EVER. B. Riley reduced 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. Craig Hallum raised their target price on EverQuote from $30.00 to $33.00 and gave the company a “buy” rating in a report on Tuesday, August 6th. JPMorgan Chase & Co. lowered their price target on shares of EverQuote from $34.00 to $28.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 5th. Finally, Needham & Company LLC increased their price target on shares of EverQuote from $30.00 to $38.00 and gave the company a “buy” rating in a report on Tuesday, August 6th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $28.50.

Hedge Funds Weigh In On EverQuote

Large investors have recently modified their holdings of the company. Emerald Mutual Fund Advisers Trust grew its stake in shares of EverQuote by 572.1% in the third quarter. Emerald Mutual Fund Advisers Trust now owns 504,081 shares of the company’s stock valued at $10,631,000 after buying an additional 429,084 shares in the last quarter. Emerald Advisers LLC increased its position in shares of EverQuote by 165.8% during the third quarter. Emerald Advisers LLC now owns 640,032 shares of the company’s stock worth $13,498,000 after acquiring an additional 399,257 shares during the last quarter. Russell Investments Group Ltd. increased its position in shares of EverQuote by 244,503.3% during the first quarter. Russell Investments Group Ltd. now owns 293,524 shares of the company’s stock worth $5,448,000 after acquiring an additional 293,404 shares during the last quarter. Renaissance Technologies LLC lifted its stake in shares of EverQuote by 331.9% in the second quarter. Renaissance Technologies LLC now owns 293,708 shares of the company’s stock worth $6,127,000 after acquiring an additional 225,700 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its holdings in EverQuote by 206.9% in the first quarter. Acadian Asset Management LLC now owns 318,144 shares of the company’s stock valued at $5,903,000 after purchasing an additional 214,486 shares during the last quarter. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

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.