57,974 Shares in EverQuote, Inc. (NASDAQ:EVER) Bought by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC bought a new stake in EverQuote, Inc. (NASDAQ:EVER - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 57,974 shares of the company's stock, valued at approximately $1,223,000. Los Angeles Capital Management LLC owned approximately 0.17% of EverQuote at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Quarry LP raised its holdings in shares of EverQuote by 215.5% during the 2nd quarter. Quarry LP now owns 1,442 shares of the company's stock valued at $30,000 after purchasing an additional 985 shares in the last quarter. nVerses Capital LLC acquired a new stake in shares of EverQuote in the second quarter worth about $35,000. CWM LLC boosted its stake in shares of EverQuote by 133.2% during the 2nd quarter. CWM LLC now owns 1,861 shares of the company's stock worth $39,000 after acquiring an additional 1,063 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in shares of EverQuote during the 2nd quarter valued at about $76,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of EverQuote in the 2nd quarter valued at approximately $147,000. 91.54% of the stock is owned by institutional investors and hedge funds.

EverQuote Stock Down 5.6 %

EVER traded down $1.05 during trading on Friday, reaching $17.76. 436,650 shares of the company's stock were exchanged, compared to its average volume of 473,422. The company has a market capitalization of $623.09 million, a P/E ratio of 55.32 and a beta of 1.06. The business has a 50 day moving average price of $20.00 and a 200 day moving average price of $21.77. EverQuote, Inc. has a fifty-two week low of $8.18 and a fifty-two week high of $28.09.

EverQuote (NASDAQ:EVER - Get Free Report) last issued its earnings results 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 business had revenue of $144.53 million for the quarter, compared to analyst estimates of $140.30 million. During the same period in the previous year, the business earned ($0.40) EPS. The firm's revenue was up 162.7% on a year-over-year basis. As a group, research analysts forecast that EverQuote, Inc. will post 0.69 EPS for the current year.

Insiders Place Their Bets

In other EverQuote news, Director George R. Neble sold 2,500 shares of the business's stock in a transaction dated Thursday, October 10th. The shares were sold at an average price of $19.42, for a total value of $48,550.00. Following the transaction, the director now directly owns 54,970 shares in the company, valued at $1,067,517.40. The trade was a 4.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Joseph Sanborn sold 4,800 shares of EverQuote stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $21.54, for a total transaction of $103,392.00. Following the completion of the transaction, the chief financial officer now owns 207,691 shares of the company's stock, valued at $4,473,664.14. This trade represents a 2.26 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 17,305 shares of company stock worth $363,780 over the last three months. 29.79% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

EVER has been the subject of a number of research analyst reports. Needham & Company LLC boosted their target price on shares of EverQuote from $30.00 to $38.00 and gave the stock a "buy" rating in a research report on Tuesday, August 6th. JPMorgan Chase & Co. decreased their target price on EverQuote from $34.00 to $28.00 and set an "overweight" rating for the company in a research note on Tuesday, November 5th. Craig Hallum lifted their price target on EverQuote from $30.00 to $33.00 and gave the stock a "buy" rating in a research report on Tuesday, August 6th. Finally, B. Riley reduced their price objective on EverQuote from $36.50 to $29.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. Six research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price 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.