EverQuote, Inc. (NASDAQ:EVER - Get Free Report) CEO Jayme Mendal sold 14,360 shares of the company's stock in a transaction that occurred on Monday, April 21st. The shares were sold at an average price of $21.36, for a total value of $306,729.60. Following the completion of the sale, the chief executive officer now owns 587,509 shares in the company, valued at $12,549,192.24. This represents a 2.39 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Jayme Mendal also recently made the following trade(s):
- On Thursday, March 20th, Jayme Mendal sold 65,117 shares of EverQuote stock. The shares were sold at an average price of $28.07, for a total value of $1,827,834.19.
EverQuote Trading Up 0.9 %
NASDAQ EVER traded up $0.22 on Friday, hitting $23.43. 206,931 shares of the company's stock were exchanged, compared to its average volume of 545,461. EverQuote, Inc. has a 52 week low of $16.63 and a 52 week high of $30.03. The stock has a 50-day moving average of $24.42 and a 200-day moving average of $20.98. The stock has a market cap of $836.87 million, a price-to-earnings ratio of 68.91 and a beta of 0.77.
EverQuote (NASDAQ:EVER - Get Free Report) last issued its earnings results on Monday, February 24th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.15 by $0.18. The firm had revenue of $147.46 million during the quarter, compared to the consensus estimate of $133.83 million. EverQuote had a return on equity of 13.94% and a net margin of 3.31%. As a group, analysts predict that EverQuote, Inc. will post 0.72 earnings per share for the current year.
Hedge Funds Weigh In On EverQuote
A number of institutional investors and hedge funds have recently bought and sold shares of the company. R Squared Ltd acquired a new stake in EverQuote during the 4th quarter worth approximately $34,000. KLP Kapitalforvaltning AS bought a new stake in EverQuote in the fourth quarter valued at approximately $90,000. Asset Management One Co. Ltd. increased its position in EverQuote by 80.4% during the 4th quarter. Asset Management One Co. Ltd. now owns 4,582 shares of the company's stock valued at $90,000 after purchasing an additional 2,042 shares during the period. FNY Investment Advisers LLC acquired a new position in shares of EverQuote in the 1st quarter worth approximately $157,000. Finally, AlphaQuest LLC boosted its stake in shares of EverQuote by 53.9% in the 4th quarter. AlphaQuest LLC now owns 7,704 shares of the company's stock valued at $154,000 after purchasing an additional 2,698 shares during the last quarter. Institutional investors and hedge funds own 91.54% of the company's stock.
Analysts Set New Price Targets
Several equities analysts have commented on EVER shares. Canaccord Genuity Group decreased their price objective on shares of EverQuote from $35.00 to $30.00 and set a "buy" rating on the stock in a 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 target on the stock in a report on Thursday, December 26th. JPMorgan Chase & Co. boosted their price objective on EverQuote from $25.00 to $29.00 and gave the stock an "overweight" rating in a report on Tuesday, February 25th. Finally, Needham & Company LLC increased their target price on EverQuote from $30.00 to $38.00 and gave the stock a "buy" rating in a research note 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. According to data from MarketBeat.com, EverQuote presently has a consensus rating of "Buy" and a consensus target price of $32.33.
View Our Latest Report on EverQuote
About EverQuote
(
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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.
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