107,066 Shares in EverQuote, Inc. (NASDAQ:EVER) Purchased by Monimus Capital Management LP

Monimus Capital Management LP bought a new stake in EverQuote, Inc. (NASDAQ:EVER - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 107,066 shares of the company's stock, valued at approximately $2,140,000. EverQuote comprises approximately 2.0% of Monimus Capital Management LP's investment portfolio, making the stock its 19th largest position. Monimus Capital Management LP owned about 0.30% of EverQuote at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Gladius Capital Management LP purchased a new stake in shares of EverQuote in the third quarter valued at about $26,000. Rhumbline Advisers increased its holdings in EverQuote by 4.0% during the fourth quarter. Rhumbline Advisers now owns 34,899 shares of the company's stock worth $698,000 after buying an additional 1,332 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in EverQuote by 19.4% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,403 shares of the company's stock worth $177,000 after buying an additional 1,363 shares during the last quarter. Quarry LP increased its holdings in EverQuote by 100.7% during the third quarter. Quarry LP now owns 2,894 shares of the company's stock worth $61,000 after buying an additional 1,452 shares during the last quarter. Finally, R Squared Ltd purchased a new stake in EverQuote during the fourth quarter worth about $34,000. Hedge funds and other institutional investors own 91.54% of the company's stock.

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Insider Buying and Selling

In other EverQuote news, Director John L. Shields sold 2,000 shares of the business's stock in a transaction on Monday, January 27th. The shares were sold at an average price of $20.00, for a total transaction of $40,000.00. Following the transaction, the director now directly owns 28,515 shares of the company's stock, valued at approximately $570,300. The trade was a 6.55 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO David Brainard sold 14,590 shares of the business's stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $17.44, for a total transaction of $254,449.60. Following the transaction, the chief technology officer now directly owns 137,291 shares in the company, valued at approximately $2,394,355.04. The trade was a 9.61 % 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 valued at $1,459,054 over the last three months. 29.79% of the stock is owned by company insiders.

Analysts Set New Price Targets

EVER has been the subject of a number of research analyst reports. Raymond James upgraded shares of EverQuote from an "outperform" rating to a "strong-buy" rating and set a $35.00 price objective for the company in a report on Thursday, December 26th. Canaccord Genuity Group reduced their target price on shares of EverQuote from $35.00 to $30.00 and set a "buy" rating for the company in a research note on Monday, February 24th. Needham & Company LLC lifted their target price on shares of EverQuote from $30.00 to $38.00 and gave the stock a "buy" rating in a research note on Tuesday, February 25th. Finally, JPMorgan Chase & Co. lifted their target price on shares of EverQuote from $25.00 to $29.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 25th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, EverQuote has a consensus rating of "Buy" and an average target price of $32.33.

EverQuote Trading Up 3.6 %

Shares of EVER traded up $0.93 during mid-day trading on Friday, reaching $26.61. The company's stock had a trading volume of 512,308 shares, compared to its average volume of 500,112. The stock has a market cap of $950.62 million, a PE ratio of 78.26 and a beta of 1.01. EverQuote, Inc. has a 52 week low of $16.63 and a 52 week high of $28.09. The company's fifty day moving average price is $21.71 and its two-hundred day moving average price is $20.42.

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

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.