Julia Brncic Sells 696 Shares of EverQuote, Inc. (NASDAQ:EVER) Stock

EverQuote, Inc. (NASDAQ:EVER) General Counsel Julia Brncic sold 696 shares of the stock in a transaction on Friday, February 21st. The shares were sold at an average price of $22.02, for a total transaction of $15,325.92. Following the transaction, the general counsel now directly owns 140,692 shares in the company, valued at approximately $3,098,037.84. This represents a 0.49 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Julia Brncic also recently made the following trade(s):

• On Wednesday, February 19th, Julia Brncic sold 740 shares of EverQuote stock. The shares were sold at an average price of $22.22, for a total transaction of $16,442.80.

EverQuote Stock Down 2.9 %

Shares of EverQuote stock opened at $20.15 on Tuesday. The business has a 50 day moving average of $19.74 and a 200 day moving average of $20.07. EverQuote, Inc. has a 52 week low of $14.28 and a 52 week high of $28.09. The company has a market cap of $712.30 million, a PE ratio of 59.26 and a beta of 0.96.

EverQuote (NASDAQ:EVER) last issued its quarterly earnings data 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%. On average, research analysts anticipate that EverQuote, Inc. will post 0.72 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on EVER shares. JPMorgan Chase & Co. lowered their target price on EverQuote from $28.00 to $25.00 and set an “overweight” rating for the company in a research note on Friday, January 10th. Canaccord Genuity Group cut their target price on shares of EverQuote from $35.00 to $30.00 and set a “buy” rating on the stock in a report on Monday. B. Riley decreased their target price 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. Finally, Raymond James raised shares of EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 price target for the company in a research report on Thursday, December 26th. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, EverQuote currently has an average rating of “Buy” and an average target price of $31.67.

Institutional Trading of EverQuote

Several large investors have recently bought and sold shares of the company. Divisadero Street Capital Management LP bought a new position in shares of EverQuote in the 4th quarter worth approximately $12,311,000. Freestone Grove Partners LP purchased a new stake in EverQuote in the fourth quarter worth $11,618,000. Point72 Asset Management L.P. raised its holdings in EverQuote by 2,301.4% in the fourth quarter. Point72 Asset Management L.P. now owns 461,013 shares of the company’s stock worth $9,216,000 after purchasing an additional 441,815 shares in the last quarter. Emerald Mutual Fund Advisers Trust lifted its position in EverQuote by 572.1% during the third quarter. Emerald Mutual Fund Advisers Trust now owns 504,081 shares of the company’s stock valued at $10,631,000 after buying an additional 429,084 shares during the period. Finally, Emerald Advisers LLC boosted its holdings in shares of EverQuote by 165.8% during the 3rd quarter. Emerald Advisers LLC now owns 640,032 shares of the company’s stock valued at $13,498,000 after buying an additional 399,257 shares in the last quarter. 91.54% of the stock is owned by institutional investors.

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.