EverQuote, Inc. (NASDAQ:EVER - Get Free Report) CTO David Brainard sold 29,248 shares of EverQuote stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $19.93, for a total value of $582,912.64. Following the sale, the chief technology officer now directly owns 116,212 shares in the company, valued at $2,316,105.16. The trade was a 20.11 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
David Brainard also recently made the following trade(s):
- On Tuesday, December 17th, David Brainard sold 14,590 shares of EverQuote stock. The shares were sold at an average price of $17.44, for a total transaction of $254,449.60.
- On Monday, November 18th, David Brainard sold 912 shares of EverQuote stock. The shares were sold at an average price of $18.34, for a total transaction of $16,726.08.
- On Wednesday, October 2nd, David Brainard sold 1,641 shares of EverQuote stock. The stock was sold at an average price of $20.22, for a total transaction of $33,181.02.
EverQuote Price Performance
Shares of EVER stock traded up $0.01 during trading hours on Monday, hitting $19.69. 463,675 shares of the company's stock were exchanged, compared to its average volume of 473,957. The stock's 50-day moving average is $18.53 and its 200-day moving average is $20.77. EverQuote, Inc. has a 52 week low of $10.21 and a 52 week high of $28.09. The stock has a market cap of $696.06 million, a price-to-earnings ratio of 57.91 and a beta of 0.96.
EverQuote (NASDAQ:EVER - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.09. EverQuote had a net margin of 3.31% and a return on equity of 13.94%. The firm had revenue of $144.53 million during the quarter, compared to analysts' expectations of $140.30 million. During the same quarter last year, the company posted ($0.40) EPS. The company's quarterly revenue was up 162.7% compared to the same quarter last year. Equities research analysts forecast that EverQuote, Inc. will post 0.72 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several equities analysts recently commented on EVER shares. JPMorgan Chase & Co. cut their target price on EverQuote from $34.00 to $28.00 and set an "overweight" rating for the company in a research report on Tuesday, November 5th. Raymond James raised EverQuote from an "outperform" rating to a "strong-buy" rating and set a $35.00 price objective for the company in a report on Thursday. Finally, B. Riley lowered their target price on shares of EverQuote from $36.50 to $29.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Buy" and an average target price of $32.17.
Read Our Latest Analysis on EVER
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Gladius Capital Management LP bought a new stake in EverQuote during the 3rd quarter worth about $26,000. Quarry LP raised its stake in shares of EverQuote by 215.5% during the second quarter. Quarry LP now owns 1,442 shares of the company's stock worth $30,000 after buying an additional 985 shares during the last quarter. nVerses Capital LLC acquired a new position in EverQuote in the second quarter valued at approximately $35,000. Quantbot Technologies LP boosted its stake in EverQuote by 115.1% in the third 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 last quarter. Finally, Meeder Asset Management Inc. acquired a new stake in EverQuote during the 2nd quarter worth $76,000. Institutional investors and hedge funds own 91.54% of the company's stock.
About EverQuote
(
Get Free Report)
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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