EverQuote, Inc. (NASDAQ:EVER) General Counsel Sells $16,442.80 in Stock

EverQuote, Inc. (NASDAQ:EVER) General Counsel Julia Brncic sold 740 shares of EverQuote stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $22.22, for a total value of $16,442.80. Following the transaction, the general counsel now owns 142,496 shares in the company, valued at $3,166,261.12. This trade represents a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

EverQuote Price Performance

EVER stock opened at $20.78 on Friday. EverQuote, Inc. has a 1-year low of $14.28 and a 1-year high of $28.09. The business has a 50 day simple moving average of $19.69 and a two-hundred day simple moving average of $20.16. The company has a market capitalization of $734.42 million, a price-to-earnings ratio of 61.10 and a beta of 0.96.

Hedge Funds Weigh In On EverQuote

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in EverQuote by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 2,016,712 shares of the company’s stock valued at $40,314,000 after acquiring an additional 24,347 shares during the last quarter. Toronado Partners LLC grew its position in shares of EverQuote by 59.7% during the fourth quarter. Toronado Partners LLC now owns 718,774 shares of the company’s stock valued at $14,368,000 after purchasing an additional 268,670 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of EverQuote by 32.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 654,152 shares of the company’s stock worth $13,076,000 after purchasing an additional 161,426 shares during the last quarter. Emerald Advisers LLC lifted its position in shares of EverQuote by 165.8% in the third quarter. Emerald Advisers LLC now owns 640,032 shares of the company’s stock worth $13,498,000 after buying an additional 399,257 shares in the last quarter. Finally, Divisadero Street Capital Management LP purchased a new position in EverQuote during the 4th quarter valued at approximately $12,311,000. Institutional investors own 91.54% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on EVER. Raymond James raised EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 price objective on the stock in a research report on Thursday, December 26th. B. Riley lowered their price target on shares of EverQuote from $36.50 to $29.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of EverQuote from $28.00 to $25.00 and set an “overweight” rating for the company in a research note on Friday, January 10th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $31.67.

EverQuote Company 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.