EverQuote, Inc. (NASDAQ:EVER - Get Free Report) CAO Jon Ayotte sold 482 shares of EverQuote stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $22.87, for a total transaction of $11,023.34. Following the completion of the sale, the chief accounting officer now owns 54,704 shares in the company, valued at approximately $1,251,080.48. This represents a 0.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Jon Ayotte also recently made the following trade(s):
- On Friday, May 16th, Jon Ayotte sold 375 shares of EverQuote stock. The stock was sold at an average price of $24.28, for a total transaction of $9,105.00.
- On Thursday, February 27th, Jon Ayotte sold 7,647 shares of EverQuote stock. The shares were sold at an average price of $25.72, for a total value of $196,680.84.
- On Friday, February 21st, Jon Ayotte sold 460 shares of EverQuote stock. The stock was sold at an average price of $21.21, for a total value of $9,756.60.
EverQuote Stock Performance
Shares of NASDAQ EVER opened at $22.65 on Friday. EverQuote, Inc. has a 1 year low of $16.63 and a 1 year high of $30.03. The firm has a market cap of $809.15 million, a P/E ratio of 66.62 and a beta of 0.45. The stock has a fifty day moving average price of $24.12 and a two-hundred day moving average price of $21.70.
EverQuote (NASDAQ:EVER - Get Free Report) last announced its earnings results on Monday, February 24th. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.18. The business had revenue of $147.46 million during the quarter, compared to analysts' expectations of $133.83 million. EverQuote had a return on equity of 13.94% and a net margin of 3.31%. On average, research analysts predict that EverQuote, Inc. will post 0.72 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of research analysts have issued reports on EVER shares. JPMorgan Chase & Co. boosted their price target on EverQuote from $29.00 to $30.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 6th. Canaccord Genuity Group reduced their price objective on shares of EverQuote from $35.00 to $30.00 and set a "buy" rating for the company in a report on Monday, February 24th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $38.00 target price on shares of EverQuote in a research report on Tuesday, May 6th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, EverQuote has a consensus rating of "Buy" and a consensus price target of $32.50.
Check Out Our Latest Report on EverQuote
Institutional Investors Weigh In On EverQuote
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Counterpoint Mutual Funds LLC raised its holdings in shares of EverQuote by 74.3% in the 4th quarter. Counterpoint Mutual Funds LLC now owns 38,053 shares of the company's stock worth $761,000 after purchasing an additional 16,217 shares in the last quarter. Intech Investment Management LLC acquired a new position in EverQuote in the fourth quarter worth approximately $236,000. Jump Financial LLC increased its holdings in shares of EverQuote by 18.2% in the fourth quarter. Jump Financial LLC now owns 72,000 shares of the company's stock valued at $1,439,000 after buying an additional 11,072 shares in the last quarter. Hillsdale Investment Management Inc. increased its holdings in shares of EverQuote by 24.5% in the fourth quarter. Hillsdale Investment Management Inc. now owns 210,700 shares of the company's stock valued at $4,212,000 after buying an additional 41,500 shares in the last quarter. Finally, Lighthouse Investment Partners LLC acquired a new stake in shares of EverQuote during the 4th quarter valued at $2,713,000. 91.54% of the stock is owned by institutional investors and hedge funds.
About EverQuote
(
Get Free Report)
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.
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