EverQuote (NASDAQ:EVER) CEO Jayme Mendal Sells 20,981 Shares of Stock

EverQuote, Inc. (NASDAQ:EVER) CEO Jayme Mendal sold 20,981 shares of EverQuote stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $23.88, for a total transaction of $501,026.28. Following the completion of the sale, the chief executive officer owned 548,253 shares in the company, valued at approximately $13,092,281.64. This represents a 3.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Thursday, October 1st, Jayme Mendal sold 20,980 shares of EverQuote stock. The shares were sold at an average price of $19.69, for a total transaction of $413,096.20.
• On Tuesday, September 15th, Jayme Mendal sold 20,981 shares of EverQuote stock. The shares were sold at an average price of $24.27, for a total value of $509,208.87.

EverQuote Stock Up 5.1%

Shares of EverQuote stock opened at $30.60 on Thursday. EverQuote, Inc. has a twelve month low of $13.88 and a twelve month high of $30.92. The business has a 50-day moving average price of $22.45 and a 200-day moving average price of $20.57. The firm has a market cap of $1.10 billion, a price-to-earnings ratio of 9.97 and a beta of 0.82.

EverQuote (NASDAQ:EVER) last released its quarterly earnings results on Monday, November 2nd. The company reported $0.49 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.49. The company had revenue of $218.08 million for the quarter, compared to the consensus estimate of $205.12 million. EverQuote had a net margin of 14.23% and a return on equity of 47.68%. EverQuote’s revenue was up 25.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.50 earnings per share. On average, equities analysts expect that EverQuote, Inc. will post 1.72 EPS for the current fiscal year.

EverQuote News Roundup

Here are the key news stories impacting EverQuote this week:

• Positive Sentiment: EverQuote reported record third-quarter revenue of $218.1 million, up 25.4% year over year and ahead of analysts’ estimates. Its $0.49 EPS matched consensus according to the reported results. The company also announced a $50 million buyback, providing a potential source of share demand. EverQuote Q3 2026: Record Revenue, EPS Miss, and a $50M Buyback
• Positive Sentiment: Fourth-quarter revenue guidance of $213 million to $223 million is above the $211.9 million consensus estimate. Analysts also raised targets: Needham and B. Riley set targets at $35, while B. Riley reiterated its buy rating. EverQuote outlines Q4 revenue outlook and AI investment B. Riley rating and target
• Neutral Sentiment: Management plans to present at upcoming investor conferences and meet with investors. These appearances may offer updates but do not represent a change to the company’s outlook. EverQuote investor conference announcement
• Negative Sentiment: Some earnings coverage characterized EPS as a miss, and reports highlighted thinner margins and slower Q4 growth as EverQuote invests in agentic AI and other channels. Those investments could weigh on near-term profitability even as the company pursues longer-term growth. Earnings and AI investment coverage
• Negative Sentiment: CEO Jayme Mendal sold 20,981 shares for about $501,000, reducing his direct stake by 3.69%. Insider selling can concern investors, although he retained a substantial holding. SEC insider transaction filing

Institutional Investors Weigh In On EverQuote

Large investors have recently modified their holdings of the business. Allspring Global Investments Holdings LLC raised its stake in shares of EverQuote by 31.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,869,798 shares of the company’s stock worth $37,359,000 after purchasing an additional 442,473 shares during the last quarter. Renaissance Technologies LLC raised its position in EverQuote by 28.9% during the 1st quarter. Renaissance Technologies LLC now owns 941,467 shares of the company’s stock worth $14,517,000 after buying an additional 211,360 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in EverQuote by 1.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 743,869 shares of the company’s stock worth $11,470,000 after buying an additional 13,276 shares during the last quarter. Dimensional Fund Advisors LP raised its position in EverQuote by 37.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 695,716 shares of the company’s stock worth $10,728,000 after buying an additional 190,438 shares during the last quarter. Finally, Jacobs Asset Management LLC lifted its stake in EverQuote by 199.9% during the 1st quarter. Jacobs Asset Management LLC now owns 403,300 shares of the company’s stock valued at $6,219,000 after acquiring an additional 268,819 shares during the period. Institutional investors own 91.54% of the company’s stock.

Analysts Set New Price Targets

EVER has been the subject of several recent analyst reports. Citigroup restated a “buy” rating on shares of EverQuote in a research report on Tuesday. Zacks Research raised shares of EverQuote from a “strong sell” rating to a “hold” rating in a research note on Friday, October 2nd. Needham & Company LLC lifted their price objective on shares of EverQuote from $30.00 to $35.00 and gave the company a “buy” rating in a report on Tuesday. JPMorgan Chase & Co. boosted their price objective on shares of EverQuote from $29.00 to $30.00 and gave the company an “overweight” rating in a research report on Tuesday. Finally, B. Riley Financial restated a “buy” rating and issued a $35.00 target price (up from $34.00) on shares of EverQuote in a research note on Tuesday. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, EverQuote has a consensus rating of “Moderate Buy” and an average price target of $30.00.

About EverQuote

EverQuote, Inc operates an online marketplace that connects consumers seeking insurance with insurance providers and distribution partners. The company uses technology, data, and digital marketing to help consumers compare insurance options and obtain quotes.

Its platform has primarily focused on auto insurance, while also supporting other insurance categories, including home and renters insurance. EverQuote generates business by providing insurance carriers and agents with consumer referrals and opportunities to reach people who are actively shopping for coverage.

Founded in 2010 and headquartered in Cambridge, Massachusetts, EverQuote serves the United States insurance market.