EverQuote, Inc. (NASDAQ:EVER) Director John L. Shields Sells 1,200 Shares

EverQuote, Inc. (NASDAQ:EVERGet Rating) Director John L. Shields sold 1,200 shares of the stock in a transaction that occurred on Monday, November 21st. The shares were sold at an average price of $10.59, for a total transaction of $12,708.00. Following the completion of the sale, the director now owns 23,161 shares in the company, valued at $245,274.99. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

EverQuote Stock Performance

NASDAQ EVER traded up $0.25 during mid-day trading on Thursday, reaching $11.14. 182,760 shares of the stock were exchanged, compared to its average volume of 300,637. The stock has a market capitalization of $358.15 million, a PE ratio of -13.93 and a beta of 1.20. EverQuote, Inc. has a 1-year low of $5.23 and a 1-year high of $17.59. The business’s fifty day simple moving average is $7.46 and its 200 day simple moving average is $8.79.

EverQuote (NASDAQ:EVERGet Rating) last issued its quarterly earnings results on Tuesday, November 1st. The company reported ($0.20) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.41) by $0.21. The company had revenue of $103.22 million for the quarter, compared to analyst estimates of $93.28 million. EverQuote had a negative return on equity of 24.34% and a negative net margin of 5.84%. On average, analysts anticipate that EverQuote, Inc. will post -0.77 EPS for the current year.

Institutional Trading of EverQuote

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System lifted its holdings in shares of EverQuote by 4.1% during the 3rd quarter. California State Teachers Retirement System now owns 24,019 shares of the company’s stock worth $164,000 after acquiring an additional 936 shares during the period. Credit Suisse AG grew its holdings in EverQuote by 7.8% in the second quarter. Credit Suisse AG now owns 13,366 shares of the company’s stock valued at $119,000 after purchasing an additional 968 shares during the period. Boston Partners increased its position in EverQuote by 9.0% during the first quarter. Boston Partners now owns 12,501 shares of the company’s stock worth $202,000 after purchasing an additional 1,030 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in EverQuote by 2.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 52,693 shares of the company’s stock worth $853,000 after purchasing an additional 1,253 shares during the period. Finally, Boothbay Fund Management LLC boosted its holdings in shares of EverQuote by 21.0% in the 3rd quarter. Boothbay Fund Management LLC now owns 13,653 shares of the company’s stock valued at $93,000 after purchasing an additional 2,370 shares during the last quarter. Hedge funds and other institutional investors own 53.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. B. Riley reiterated a “neutral” rating and set a $9.00 target price on shares of EverQuote in a report on Thursday, September 22nd. Needham & Company LLC reduced their price objective on EverQuote from $15.00 to $8.00 and set a “buy” rating on the stock in a research report on Wednesday, November 2nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $14.33.

EverQuote Company Profile

(Get Rating)

EverQuote, Inc operates an online marketplace for insurance shopping in the United States. The company's online marketplace offers consumers shopping for auto, home and renters, life, and health insurance. It 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.

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