Baillie Gifford & Co. Has $4.76 Million Holdings in EverQuote, Inc. (NASDAQ:EVER)

Baillie Gifford & Co. reduced its position in shares of EverQuote, Inc. (NASDAQ:EVER - Free Report) by 9.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 238,192 shares of the company's stock after selling 25,739 shares during the period. Baillie Gifford & Co. owned approximately 0.67% of EverQuote worth $4,761,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in EVER. nVerses Capital LLC boosted its holdings in EverQuote by 41.2% in the 3rd quarter. nVerses Capital LLC now owns 2,400 shares of the company's stock valued at $51,000 after purchasing an additional 700 shares during the period. Gladius Capital Management LP acquired a new stake in shares of EverQuote in the third quarter valued at approximately $26,000. Rhumbline Advisers boosted its stake in shares of EverQuote by 4.0% in the fourth quarter. Rhumbline Advisers now owns 34,899 shares of the company's stock valued at $698,000 after buying an additional 1,332 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in EverQuote by 19.4% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,403 shares of the company's stock worth $177,000 after buying an additional 1,363 shares in the last quarter. Finally, Quarry LP increased its stake in EverQuote by 100.7% during the 3rd quarter. Quarry LP now owns 2,894 shares of the company's stock worth $61,000 after acquiring an additional 1,452 shares during the period. 91.54% of the stock is currently owned by institutional investors.

Insider Buying and Selling at EverQuote

In related news, Director John L. Shields sold 2,000 shares of the firm's stock in a transaction on Monday, January 27th. The stock was sold at an average price of $20.00, for a total transaction of $40,000.00. Following the sale, the director now owns 28,515 shares of the company's stock, valued at $570,300. This trade represents a 6.55 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CTO David Brainard sold 6,609 shares of the company's stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $21.49, for a total value of $142,027.41. Following the completion of the transaction, the chief technology officer now directly owns 156,783 shares of the company's stock, valued at approximately $3,369,266.67. The trade was a 4.04 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 60,412 shares of company stock worth $1,178,790 over the last 90 days. Insiders own 29.79% of the company's stock.

EverQuote Stock Performance

Shares of EverQuote stock traded down $0.89 during trading on Friday, reaching $20.78. 467,863 shares of the company's stock were exchanged, compared to its average volume of 416,052. EverQuote, Inc. has a 1-year low of $14.28 and a 1-year high of $28.09. The company has a market cap of $734.42 million, a P/E ratio of 61.10 and a beta of 0.96. The firm's 50-day moving average price is $19.63 and its 200 day moving average price is $20.18.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on EVER. JPMorgan Chase & Co. cut their target price on EverQuote from $28.00 to $25.00 and set an "overweight" rating for the company in a research report on Friday, January 10th. B. Riley cut their price objective on shares of EverQuote from $36.50 to $29.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. Finally, Raymond James upgraded shares of EverQuote from an "outperform" rating to a "strong-buy" rating and set a $35.00 price objective on the stock in a research note on Thursday, December 26th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $31.67.

EverQuote 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.