EverQuote (NASDAQ:EVER) CFO Joseph Sanborn Sells 512 Shares of Stock

EverQuote, Inc. (NASDAQ:EVER) CFO Joseph Sanborn sold 512 shares of the stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $24.54, for a total value of $12,564.48. Following the transaction, the chief financial officer directly owned 251,403 shares of the company’s stock, valued at approximately $6,169,429.62. The trade was a 0.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Joseph Sanborn also recently made the following trade(s):

• On Thursday, October 2nd, Joseph Sanborn sold 1,063 shares of EverQuote stock. The stock was sold at an average price of $21.94, for a total value of $23,322.22.

EverQuote Price Performance

Shares of EverQuote stock traded up $0.17 during trading on Thursday, hitting $23.92. The stock had a trading volume of 54,059 shares, compared to its average volume of 527,290. The business has a fifty day moving average of $22.79 and a two-hundred day moving average of $23.66. EverQuote, Inc. has a fifty-two week low of $16.63 and a fifty-two week high of $30.03. The firm has a market cap of $860.16 million, a P/E ratio of 16.63 and a beta of 0.53.

EverQuote (NASDAQ:EVER) last issued its quarterly earnings results on Monday, November 3rd. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.13. The company had revenue of $173.94 million during the quarter, compared to the consensus estimate of $166.09 million. EverQuote had a net margin of 8.36% and a return on equity of 38.19%. EverQuote’s revenue was up 20.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.31 EPS. EverQuote has set its Q4 2025 guidance at EPS. As a group, research analysts forecast that EverQuote, Inc. will post 0.72 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in EverQuote by 6.0% in the 3rd quarter. Vanguard Group Inc. now owns 2,201,338 shares of the company’s stock worth $50,345,000 after acquiring an additional 123,728 shares in the last quarter. Acadian Asset Management LLC increased its holdings in shares of EverQuote by 1.2% in the 2nd quarter. Acadian Asset Management LLC now owns 866,481 shares of the company’s stock valued at $20,939,000 after purchasing an additional 10,233 shares during the period. Qube Research & Technologies Ltd lifted its position in shares of EverQuote by 27.3% in the second quarter. Qube Research & Technologies Ltd now owns 800,114 shares of the company’s stock worth $19,347,000 after purchasing an additional 171,787 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of EverQuote by 3.8% during the third quarter. Arrowstreet Capital Limited Partnership now owns 727,956 shares of the company’s stock worth $16,648,000 after purchasing an additional 26,980 shares during the period. Finally, Emerald Advisers LLC boosted its holdings in shares of EverQuote by 11.2% during the third quarter. Emerald Advisers LLC now owns 689,253 shares of the company’s stock worth $15,763,000 after purchasing an additional 69,668 shares during the period. Hedge funds and other institutional investors own 91.54% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on EVER. JPMorgan Chase & Co. lifted their price target on shares of EverQuote from $29.00 to $30.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 4th. Weiss Ratings restated a “hold (c)” rating on shares of EverQuote in a report on Wednesday, October 8th. Zacks Research raised EverQuote from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 4th. Wall Street Zen downgraded EverQuote from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 1st. Finally, Needham & Company LLC lifted their price target on EverQuote from $38.00 to $40.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $33.75.

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.