Insider Selling: EverQuote, Inc. (NASDAQ:EVER) CFO Sells 12,500 Shares of Stock

EverQuote, Inc. (NASDAQ:EVERGet Rating) CFO John Brandon Wagner sold 12,500 shares of EverQuote stock in a transaction dated Wednesday, January 18th. The stock was sold at an average price of $17.50, for a total value of $218,750.00. Following the completion of the sale, the chief financial officer now owns 278,324 shares in the company, valued at $4,870,670. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

John Brandon Wagner also recently made the following trade(s):

  • On Monday, January 9th, John Brandon Wagner sold 12,000 shares of EverQuote stock. The stock was sold at an average price of $16.00, for a total transaction of $192,000.00.
  • On Wednesday, December 21st, John Brandon Wagner sold 19,398 shares of EverQuote stock. The stock was sold at an average price of $14.69, for a total transaction of $284,956.62.

EverQuote Stock Down 2.5 %

Shares of NASDAQ EVER opened at $17.71 on Friday. The firm has a market cap of $569.47 million, a price-to-earnings ratio of -22.14 and a beta of 1.22. EverQuote, Inc. has a 52-week low of $5.23 and a 52-week high of $18.86. The business’s 50 day moving average is $13.15 and its two-hundred day moving average is $10.11.

EverQuote (NASDAQ:EVERGet Rating) last announced its earnings results on Tuesday, November 1st. The company reported ($0.20) earnings per share (EPS) for the quarter, beating 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%. Analysts anticipate that EverQuote, Inc. will post -0.78 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on EVER shares. JPMorgan Chase & Co. raised shares of EverQuote from an “underweight” rating to an “overweight” rating and raised their target price for the stock from $8.00 to $15.00 in a research note on Tuesday, December 20th. Needham & Company LLC lifted their price target on shares of EverQuote from $8.00 to $21.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Oppenheimer lifted their price target on shares of EverQuote from $8.00 to $22.00 and gave the company an “outperform” rating in a research report on Thursday. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $18.00.

Hedge Funds Weigh In On EverQuote

Institutional investors have recently modified their holdings of the business. Advisor Group Holdings Inc. grew its stake in shares of EverQuote by 398.7% in the first quarter. Advisor Group Holdings Inc. now owns 2,992 shares of the company’s stock worth $48,000 after acquiring an additional 2,392 shares in the last quarter. Amalgamated Bank acquired a new position in shares of EverQuote in the first quarter worth $52,000. Ensign Peak Advisors Inc acquired a new position in shares of EverQuote in the first quarter worth $80,000. First Horizon Advisors Inc. acquired a new position in shares of EverQuote in the second quarter worth $43,000. Finally, Asset Management One Co. Ltd. grew its stake in shares of EverQuote by 54.2% in the second quarter. Asset Management One Co. Ltd. now owns 6,817 shares of the company’s stock worth $60,000 after acquiring an additional 2,396 shares in the last quarter. Institutional investors and hedge funds own 51.76% of the company’s stock.

EverQuote Company Profile

(Get Rating)

EverQuote, Inc operates as an online insurance marketplace connecting consumers with insurance providers. It offers car, home and life insurance. The firm’s data and technology platform matches and connects consumers seeking to purchase insurance with relevant options from its broad direct network of insurance providers.

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Insider Buying and Selling by Quarter for EverQuote (NASDAQ:EVER)

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