EverQuote, Inc. (NASDAQ:EVER) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its position in shares of EverQuote, Inc. (NASDAQ:EVER - Free Report) by 28.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 309,344 shares of the company's stock after buying an additional 68,862 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.88% of EverQuote worth $6,184,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new position in shares of EverQuote in the 4th quarter valued at $34,000. Quarry LP increased its position in shares of EverQuote by 100.7% during the third quarter. Quarry LP now owns 2,894 shares of the company's stock valued at $61,000 after acquiring an additional 1,452 shares during the last quarter. Quantbot Technologies LP raised its stake in shares of EverQuote by 115.1% in the 3rd quarter. Quantbot Technologies LP now owns 3,502 shares of the company's stock valued at $74,000 after acquiring an additional 1,874 shares during the period. Asset Management One Co. Ltd. lifted its holdings in shares of EverQuote by 80.4% in the 4th quarter. Asset Management One Co. Ltd. now owns 4,582 shares of the company's stock worth $90,000 after acquiring an additional 2,042 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of EverQuote during the 3rd quarter worth approximately $158,000. 91.54% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently commented on EVER. Canaccord Genuity Group lowered their price target on EverQuote from $35.00 to $30.00 and set a "buy" rating for the company in a research report on Monday, February 24th. Raymond James raised 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. JPMorgan Chase & Co. increased their price target on EverQuote from $25.00 to $29.00 and gave the company an "overweight" rating in a research report on Tuesday, February 25th. Finally, Needham & Company LLC increased their target price on EverQuote from $30.00 to $38.00 and gave the company a "buy" rating in a report on Tuesday, February 25th. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, EverQuote has an average rating of "Buy" and an average price target of $32.33.

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EverQuote Trading Down 4.3 %

Shares of EverQuote stock traded down $1.21 on Friday, reaching $26.88. 936,658 shares of the stock were exchanged, compared to its average volume of 529,602. The firm has a market capitalization of $960.26 million, a PE ratio of 79.06 and a beta of 1.01. EverQuote, Inc. has a 1-year low of $16.63 and a 1-year high of $30.03. The business has a fifty day moving average price of $23.43 and a two-hundred day moving average price of $20.78.

EverQuote (NASDAQ:EVER - Get Free Report) last issued its earnings results on Monday, February 24th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.15 by $0.18. EverQuote had a return on equity of 13.94% and a net margin of 3.31%. The business had revenue of $147.46 million during the quarter, compared to the consensus estimate of $133.83 million. Research analysts expect that EverQuote, Inc. will post 0.72 EPS for the current year.

Insider Activity

In other EverQuote news, CTO David Brainard sold 3,675 shares of the company's stock in a transaction on Monday, January 6th. The stock was sold at an average price of $19.52, for a total value of $71,736.00. Following the sale, the chief technology officer now owns 108,244 shares of the company's stock, valued at approximately $2,112,922.88. This represents a 3.28 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Ventures Lllp Link sold 1,022 shares of the business's stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $28.75, for a total transaction of $29,382.50. Following the completion of the sale, the insider now owns 3,498,667 shares in the company, valued at $100,586,676.25. This represents a 0.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 180,548 shares of company stock worth $4,967,872 in the last 90 days. 29.79% of the stock is currently owned by corporate insiders.

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.