GSA Capital Partners LLP Has $1.27 Million Stock Holdings in EverQuote, Inc. (NASDAQ:EVER)

GSA Capital Partners LLP lowered its stake in EverQuote, Inc. (NASDAQ:EVER - Free Report) by 59.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 59,990 shares of the company's stock after selling 86,883 shares during the quarter. GSA Capital Partners LLP owned about 0.17% of EverQuote worth $1,265,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of EVER. Driehaus Capital Management LLC increased its stake in shares of EverQuote by 9.1% in the second quarter. Driehaus Capital Management LLC now owns 2,036,361 shares of the company's stock worth $42,478,000 after buying an additional 169,333 shares during the last quarter. Vanguard Group Inc. boosted its holdings in EverQuote by 2.7% in the first quarter. Vanguard Group Inc. now owns 1,157,714 shares of the company's stock worth $21,487,000 after purchasing an additional 30,577 shares during the period. Emerald Advisers LLC increased its stake in EverQuote by 165.8% during the third quarter. Emerald Advisers LLC now owns 640,032 shares of the company's stock valued at $13,498,000 after purchasing an additional 399,257 shares during the last quarter. Acadian Asset Management LLC raised its holdings in shares of EverQuote by 62.6% during the second quarter. Acadian Asset Management LLC now owns 517,331 shares of the company's stock worth $10,786,000 after purchasing an additional 199,187 shares during the period. Finally, Emerald Mutual Fund Advisers Trust lifted its position in shares of EverQuote by 572.1% in the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 504,081 shares of the company's stock worth $10,631,000 after buying an additional 429,084 shares during the last quarter. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

EverQuote Stock Performance

Shares of EVER stock traded down $1.01 during mid-day trading on Friday, hitting $17.80. 680,161 shares of the stock traded hands, compared to its average volume of 474,519. The firm has a market cap of $624.50 million, a price-to-earnings ratio of 55.32 and a beta of 1.06. The company's 50-day simple moving average is $20.00 and its 200-day simple moving average is $21.77. EverQuote, Inc. has a twelve month low of $8.18 and a twelve month high of $28.09.

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 company had revenue of $144.53 million during the quarter, compared to analyst estimates of $140.30 million. During the same quarter last year, the firm posted ($0.40) EPS. The business's revenue for the quarter was up 162.7% on a year-over-year basis. Analysts forecast that EverQuote, Inc. will post 0.69 earnings per share for the current year.

Insider Activity

In other EverQuote news, Director George R. Neble sold 2,500 shares of EverQuote stock in a transaction that occurred on Thursday, October 10th. The shares were sold at an average price of $19.42, for a total transaction of $48,550.00. Following the transaction, the director now directly owns 54,970 shares in the company, valued at approximately $1,067,517.40. The trade was a 4.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CTO David Brainard sold 1,641 shares of the stock in a transaction on Wednesday, October 2nd. The shares were sold at an average price of $20.22, for a total value of $33,181.02. Following the completion of the sale, the chief technology officer now owns 155,491 shares of the company's stock, valued at $3,144,028.02. The trade was a 1.04 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 17,305 shares of company stock worth $363,780. Insiders own 29.79% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on EVER. B. Riley dropped their price objective on shares of EverQuote from $36.50 to $29.00 and set a "buy" rating on the stock in a research note on Tuesday, November 5th. JPMorgan Chase & Co. dropped their price objective on shares of EverQuote from $34.00 to $28.00 and set an "overweight" rating on the stock in a report on Tuesday, November 5th. Needham & Company LLC boosted their target price on shares of EverQuote from $30.00 to $38.00 and gave the company a "buy" rating in a research note on Tuesday, August 6th. Finally, Craig Hallum lifted their price target on EverQuote from $30.00 to $33.00 and gave the company a "buy" rating in a report on Tuesday, August 6th. Six investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $28.50.

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.