EverQuote, Inc. (NASDAQ:EVER) Shares Acquired by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lifted its position in EverQuote, Inc. (NASDAQ:EVER - Free Report) by 183.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 164,466 shares of the company's stock after purchasing an additional 106,492 shares during the period. Los Angeles Capital Management LLC owned about 0.47% of EverQuote worth $3,288,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Gladius Capital Management LP bought a new position in EverQuote in the 3rd quarter worth approximately $26,000. R Squared Ltd purchased a new position in EverQuote during the fourth quarter valued at $34,000. Quarry LP increased its holdings in EverQuote by 100.7% in the 3rd quarter. Quarry LP now owns 2,894 shares of the company's stock valued at $61,000 after acquiring an additional 1,452 shares during the last quarter. Quantbot Technologies LP lifted its stake in EverQuote by 115.1% in the 3rd quarter. Quantbot Technologies LP now owns 3,502 shares of the company's stock worth $74,000 after purchasing an additional 1,874 shares in the last quarter. Finally, Asset Management One Co. Ltd. boosted its holdings in shares of 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 last quarter. 91.54% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Needham & Company LLC boosted their target price on EverQuote from $30.00 to $38.00 and gave the stock a "buy" rating in a research report on Tuesday, February 25th. JPMorgan Chase & Co. raised their target price on shares of EverQuote from $25.00 to $29.00 and gave the company an "overweight" rating in a report on Tuesday, February 25th. Canaccord Genuity Group reduced their price target on shares of EverQuote from $35.00 to $30.00 and set a "buy" rating on the stock in a research report on Monday, February 24th. B. Riley lowered their price objective on shares of EverQuote from $36.50 to $29.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. Finally, Raymond James upgraded shares of EverQuote from an "outperform" rating to a "strong-buy" rating and set a $35.00 target price on the stock in a report on Thursday, December 26th. Five equities 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, EverQuote presently has a consensus rating of "Buy" and a consensus target price of $32.33.

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Insider Activity

In other EverQuote news, CTO David Brainard sold 29,248 shares of the stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $19.93, for a total transaction of $582,912.64. Following the sale, the chief technology officer now directly owns 116,212 shares of the company's stock, valued at approximately $2,316,105.16. This trade represents a 20.11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John L. Shields sold 2,000 shares of the firm's stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $20.00, for a total value of $40,000.00. Following the sale, the director now directly owns 28,515 shares in the company, valued at approximately $570,300. This trade represents a 6.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 71,453 shares of company stock worth $1,459,054 over the last 90 days. 29.79% of the stock is currently owned by corporate insiders.

EverQuote Price Performance

EVER stock traded down $1.43 during mid-day trading on Monday, reaching $25.45. The company had a trading volume of 699,365 shares, compared to its average volume of 539,594. The firm has a 50 day moving average of $20.44 and a 200 day moving average of $20.18. EverQuote, Inc. has a 12 month low of $14.28 and a 12 month high of $28.09. The company has a market capitalization of $899.68 million, a PE ratio of 74.85 and a beta of 0.96.

EverQuote (NASDAQ:EVER - Get Free Report) last issued its quarterly earnings data on Monday, February 24th. The company reported $0.33 EPS for the quarter, topping analysts' consensus estimates of $0.15 by $0.18. The company had revenue of $147.46 million during the quarter, compared to the consensus estimate of $133.83 million. EverQuote had a net margin of 3.31% and a return on equity of 13.94%. Analysts anticipate that EverQuote, Inc. will post 0.72 EPS for the current year.

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.