Insider Selling: EverQuote (NASDAQ:EVER) CEO Sells $338,178.00 in Stock

EverQuote, Inc. (NASDAQ:EVER) CEO Jayme Mendal sold 14,360 shares of the stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $23.55, for a total transaction of $338,178.00. Following the completion of the sale, the chief executive officer directly owned 452,412 shares of the company’s stock, valued at $10,654,302.60. This trade represents a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Jayme Mendal also recently made the following trade(s):

• On Monday, October 20th, Jayme Mendal sold 14,360 shares of EverQuote stock. The stock was sold at an average price of $19.46, for a total transaction of $279,445.60.
• On Monday, September 22nd, Jayme Mendal sold 14,360 shares of EverQuote stock. The shares were sold at an average price of $24.53, for a total transaction of $352,250.80.

EverQuote Stock Up 1.7%

EVER stock opened at $26.28 on Thursday. The company has a 50 day moving average of $22.85 and a two-hundred day moving average of $23.70. The company has a market cap of $945.03 million, a price-to-earnings ratio of 18.38 and a beta of 0.53. EverQuote, Inc. has a 12-month low of $16.63 and a 12-month high of $30.03.

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in EVER. Comerica Bank lifted its holdings in EverQuote by 235.4% in the 3rd quarter. Comerica Bank now owns 1,100 shares of the company’s stock worth $25,000 after purchasing an additional 772 shares during the last quarter. Versant Capital Management Inc raised its position in shares of EverQuote by 108.9% in the third quarter. Versant Capital Management Inc now owns 1,153 shares of the company’s stock valued at $26,000 after purchasing an additional 601 shares during the period. NewEdge Advisors LLC acquired a new stake in shares of EverQuote in the third quarter worth $52,000. Jones Financial Companies Lllp lifted its stake in shares of EverQuote by 595.8% in the third quarter. Jones Financial Companies Lllp now owns 2,623 shares of the company’s stock worth $62,000 after buying an additional 2,246 shares during the last quarter. Finally, Ameritas Investment Partners Inc. boosted its holdings in shares of EverQuote by 25.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 2,796 shares of the company’s stock worth $68,000 after buying an additional 573 shares during the period. 91.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have weighed in on EVER shares. JPMorgan Chase & Co. upped their target price on EverQuote from $29.00 to $30.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 4th. Wall Street Zen cut EverQuote from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 1st. Zacks Research upgraded EverQuote from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of EverQuote in a research report on Wednesday, October 8th. Finally, Needham & Company LLC boosted their target price on shares of EverQuote from $38.00 to $40.00 and gave the stock a “buy” rating in a research report 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, EverQuote currently has an average rating of “Buy” and a consensus target price 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.