David Brainard Sells 912 Shares of EverQuote, Inc. (NASDAQ:EVER) Stock

EverQuote, Inc. (NASDAQ:EVER) CTO David Brainard sold 912 shares of the business’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $18.34, for a total value of $16,726.08. Following the transaction, the chief technology officer now owns 154,579 shares of the company’s stock, valued at $2,834,978.86. This trade represents a 0.59 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

David Brainard also recently made the following trade(s):

• On Wednesday, October 2nd, David Brainard sold 1,641 shares of EverQuote stock. The stock was sold at an average price of $20.22, for a total transaction of $33,181.02.

EverQuote Price Performance

Shares of NASDAQ EVER opened at $19.15 on Friday. EverQuote, Inc. has a one year low of $8.44 and a one year high of $28.09. The business’s 50-day moving average price is $19.64 and its two-hundred day moving average price is $21.69. The company has a market capitalization of $676.95 million, a P/E ratio of 56.32 and a beta of 1.06.

EverQuote (NASDAQ:EVER) last released its quarterly earnings results on Monday, November 4th. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.09. EverQuote had a net margin of 3.31% and a return on equity of 13.94%. The business had revenue of $144.53 million for the quarter, compared to the consensus estimate of $140.30 million. During the same quarter last year, the firm earned ($0.40) EPS. EverQuote’s revenue for the quarter was up 162.7% on a year-over-year basis. On average, equities analysts anticipate that EverQuote, Inc. will post 0.72 EPS for the current year.

Institutional Trading of EverQuote

Large investors have recently modified their holdings of the company. Gladius Capital Management LP acquired a new position in EverQuote during the 3rd quarter worth $26,000. Quarry LP lifted its position in shares of EverQuote by 215.5% during the 2nd quarter. Quarry LP now owns 1,442 shares of the company’s stock worth $30,000 after purchasing an additional 985 shares during the last quarter. nVerses Capital LLC bought a new stake in EverQuote during the 2nd quarter valued at approximately $35,000. CWM LLC grew its holdings in EverQuote by 133.2% in the 2nd quarter. CWM LLC now owns 1,861 shares of the company’s stock valued at $39,000 after buying an additional 1,063 shares during the last quarter. Finally, Quantbot Technologies LP increased its position in EverQuote by 115.1% in the 3rd quarter. Quantbot Technologies LP now owns 3,502 shares of the company’s stock worth $74,000 after buying an additional 1,874 shares during the period. 91.54% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on EVER. Needham & Company LLC increased their price objective on shares of EverQuote from $30.00 to $38.00 and gave the company a “buy” rating in a report on Tuesday, August 6th. JPMorgan Chase & Co. decreased their price target on shares of EverQuote from $34.00 to $28.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 5th. B. Riley decreased their target price on EverQuote from $36.50 to $29.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Finally, Craig Hallum upped their price target on EverQuote from $30.00 to $33.00 and gave the company a “buy” rating in a research report on Tuesday, August 6th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, EverQuote presently has an average rating of “Buy” and an average target price of $28.50.

About EverQuote

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.