David B. Blundin Sells 50,886 Shares of EverQuote, Inc. (NASDAQ:EVER) Stock

EverQuote, Inc. (NASDAQ:EVERGet Free Report) Director David B. Blundin sold 50,886 shares of the company’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $17.11, for a total transaction of $870,659.46. Following the completion of the transaction, the director now directly owns 722,779 shares of the company’s stock, valued at approximately $12,366,748.69. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

EverQuote Trading Down 9.5 %

EVER traded down $1.68 during trading hours on Wednesday, hitting $15.95. The company’s stock had a trading volume of 679,950 shares, compared to its average volume of 312,394. The stock has a market cap of $537.67 million, a price-to-earnings ratio of -10.36 and a beta of 0.87. The business’s 50-day moving average price is $13.22 and its 200-day moving average price is $9.70. EverQuote, Inc. has a 12 month low of $5.36 and a 12 month high of $20.34.

Institutional Trading of EverQuote

Large investors have recently made changes to their positions in the business. First Horizon Advisors Inc. increased its position in shares of EverQuote by 82.3% during the 2nd quarter. First Horizon Advisors Inc. now owns 3,774 shares of the company’s stock valued at $25,000 after purchasing an additional 1,704 shares during the last quarter. FNY Investment Advisers LLC bought a new position in EverQuote during the fourth quarter valued at $40,000. Citigroup Inc. increased its position in EverQuote by 1,200.2% during the second quarter. Citigroup Inc. now owns 6,371 shares of the company’s stock valued at $41,000 after acquiring an additional 5,881 shares during the last quarter. State of Wyoming purchased a new stake in shares of EverQuote in the fourth quarter valued at $42,000. Finally, Osaic Holdings Inc. lifted its holdings in shares of EverQuote by 35.9% in the 2nd quarter. Osaic Holdings Inc. now owns 6,573 shares of the company’s stock worth $43,000 after acquiring an additional 1,735 shares during the last quarter. 85.90% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on the company. B. Riley increased their target price on EverQuote from $18.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday. Raymond James raised shares of EverQuote from a “market perform” rating to an “outperform” rating and set a $13.00 price objective for the company in a report on Tuesday, December 12th. Needham & Company LLC lifted their price objective on shares of EverQuote from $15.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday. Craig Hallum started coverage on shares of EverQuote in a research report on Tuesday, December 5th. They set a “buy” rating and a $16.00 target price for the company. Finally, JPMorgan Chase & Co. lifted their price target on shares of EverQuote from $13.00 to $25.00 and gave the company an “overweight” rating in a report on Tuesday. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, EverQuote has a consensus rating of “Moderate Buy” and a consensus price target of $20.80.

View Our Latest Analysis on EverQuote

EverQuote Company Profile

(Get Free Report)

EverQuote, Inc operates an online marketplace for insurance shopping in the United States. The company offers auto, home and renters, life, and health insurance. It also engages in online business activities. 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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Insider Buying and Selling by Quarter for EverQuote (NASDAQ:EVER)

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