EverQuote, Inc. (NASDAQ:EVER) Shares Acquired by Counterpoint Mutual Funds LLC

Counterpoint Mutual Funds LLC lifted its position in EverQuote, Inc. (NASDAQ:EVER - Free Report) by 74.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,053 shares of the company's stock after acquiring an additional 16,217 shares during the quarter. Counterpoint Mutual Funds LLC owned 0.11% of EverQuote worth $761,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in EVER. Charles Schwab Investment Management Inc. raised its holdings in EverQuote by 255.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 240,482 shares of the company's stock worth $5,072,000 after purchasing an additional 172,785 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its holdings in EverQuote by 636.0% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 104,729 shares of the company's stock worth $2,209,000 after purchasing an additional 90,500 shares in the last quarter. Geode Capital Management LLC raised its holdings in EverQuote by 10.4% in the third quarter. Geode Capital Management LLC now owns 595,155 shares of the company's stock worth $12,554,000 after purchasing an additional 56,114 shares in the last quarter. Barclays PLC raised its holdings in EverQuote by 331.2% in the third quarter. Barclays PLC now owns 50,983 shares of the company's stock worth $1,076,000 after purchasing an additional 39,160 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in EverQuote by 3,022.8% in the third quarter. JPMorgan Chase & Co. now owns 385,629 shares of the company's stock worth $8,133,000 after purchasing an additional 373,280 shares in the last quarter. 91.54% of the stock is currently owned by institutional investors.

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EverQuote Stock Performance

NASDAQ EVER traded down $1.59 during trading hours on Tuesday, reaching $26.46. The stock had a trading volume of 1,074,524 shares, compared to its average volume of 506,816. The stock has a fifty day moving average of $22.02 and a 200 day moving average of $20.46. The stock has a market cap of $945.26 million, a P/E ratio of 77.82 and a beta of 1.01. EverQuote, Inc. has a 52-week low of $16.63 and a 52-week high of $28.89.

EverQuote (NASDAQ:EVER - Get Free Report) last issued its earnings results on Monday, February 24th. The company reported $0.33 EPS for the quarter, beating analysts' consensus estimates of $0.15 by $0.18. The firm had revenue of $147.46 million for the quarter, compared to analyst estimates of $133.83 million. EverQuote had a return on equity of 13.94% and a net margin of 3.31%. On average, equities research analysts forecast that EverQuote, Inc. will post 0.72 EPS for the current year.

Insider Activity at EverQuote

In other EverQuote news, CTO David Brainard sold 29,248 shares of the company's 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 owns 116,212 shares in the company, valued at approximately $2,316,105.16. This represents a 20.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Jon Ayotte sold 7,647 shares of the company's stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $25.72, for a total value of $196,680.84. Following the completion of the sale, the chief accounting officer now owns 58,045 shares in the company, valued at approximately $1,492,917.40. This represents a 11.64 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 56,863 shares of company stock worth $1,204,605 over the last quarter. Insiders own 29.79% of the company's stock.

Analyst Ratings Changes

Several research firms have recently issued reports on EVER. Canaccord Genuity Group cut 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. JPMorgan Chase & Co. upped their price objective on shares of EverQuote from $25.00 to $29.00 and gave the company an "overweight" rating in a report on Tuesday, February 25th. 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 report on Thursday, December 26th. Finally, Needham & Company LLC upped their price objective on shares of EverQuote from $30.00 to $38.00 and gave the company a "buy" rating in a report on Tuesday, February 25th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $32.33.

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.