Barclays PLC Has $1.08 Million Stock Position in EverQuote, Inc. (NASDAQ:EVER)

Barclays PLC lifted its stake in shares of EverQuote, Inc. (NASDAQ:EVER - Free Report) by 331.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 50,983 shares of the company's stock after acquiring an additional 39,160 shares during the quarter. Barclays PLC owned about 0.14% of EverQuote worth $1,076,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Gladius Capital Management LP acquired a new stake in EverQuote in the 3rd quarter worth approximately $26,000. Quarry LP lifted its stake in shares of EverQuote by 215.5% in 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 lifted its stake in shares of EverQuote by 41.2% in the third quarter. nVerses Capital LLC now owns 2,400 shares of the company's stock worth $51,000 after buying an additional 700 shares during the last quarter. Quantbot Technologies LP boosted its holdings in shares of EverQuote by 115.1% during the 3rd quarter. Quantbot Technologies LP now owns 3,502 shares of the company's stock worth $74,000 after buying an additional 1,874 shares during the period. Finally, CWM LLC grew its stake in EverQuote by 143.0% in the 3rd quarter. CWM LLC now owns 4,522 shares of the company's stock valued at $95,000 after buying an additional 2,661 shares during the last quarter. Institutional investors and hedge funds own 91.54% of the company's stock.

EverQuote Trading Up 4.9 %

EVER stock traded up $0.88 during trading on Wednesday, reaching $18.79. 330,324 shares of the stock were exchanged, compared to its average volume of 381,516. EverQuote, Inc. has a twelve month low of $10.21 and a twelve month high of $28.09. The company has a market capitalization of $664.25 million, a P/E ratio of 55.26 and a beta of 0.96. The stock has a 50 day simple moving average of $18.81 and a 200-day simple moving average of $20.74.

EverQuote (NASDAQ:EVER - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.09. The company had revenue of $144.53 million for the quarter, compared to analyst estimates of $140.30 million. EverQuote had a return on equity of 13.94% and a net margin of 3.31%. EverQuote's revenue for the quarter was up 162.7% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.40) EPS. Equities analysts predict that EverQuote, Inc. will post 0.72 EPS for the current year.

Analysts Set New Price Targets

EVER has been the subject of a number of research analyst reports. Raymond James raised shares of EverQuote from an "outperform" rating to a "strong-buy" rating and set a $35.00 target price for the company in a research report on Thursday, December 26th. B. Riley decreased their target price on EverQuote from $36.50 to $29.00 and set a "buy" rating for the company in a research note on Tuesday, November 5th. Finally, JPMorgan Chase & Co. dropped their price target on EverQuote from $28.00 to $25.00 and set an "overweight" rating on the stock in a research report on Friday, January 10th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $31.67.

Insider Activity

In other 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 directly 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. In the last 90 days, insiders sold 52,668 shares of company stock worth $1,005,134. 29.79% of the stock is currently owned by corporate insiders.

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.