Julia Brncic Sells 696 Shares of EverQuote, Inc. (NASDAQ:EVER) Stock

EverQuote, Inc. (NASDAQ:EVER) General Counsel Julia Brncic sold 696 shares of the company’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $22.02, for a total value of $15,325.92. Following the completion of the transaction, the general counsel now owns 140,692 shares of the company’s stock, valued at $3,098,037.84. This trade represents a 0.49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Julia Brncic also recently made the following trade(s):

• On Wednesday, February 19th, Julia Brncic sold 740 shares of EverQuote stock. The stock was sold at an average price of $22.22, for a total transaction of $16,442.80.

EverQuote Trading Down 2.9 %

Shares of EVER stock opened at $20.15 on Tuesday. EverQuote, Inc. has a 12 month low of $14.28 and a 12 month high of $28.09. The stock has a market capitalization of $712.30 million, a P/E ratio of 59.26 and a beta of 0.96. The firm’s 50 day moving average is $19.74 and its 200 day moving average is $20.07.

EverQuote (NASDAQ:EVER) last posted its quarterly earnings results on Monday, February 24th. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.18. EverQuote had a return on equity of 13.94% and a net margin of 3.31%. On average, equities analysts predict that EverQuote, Inc. will post 0.72 EPS for the current year.

Analyst Ratings Changes

EVER has been the topic of several research reports. Canaccord Genuity Group lowered their price objective on shares of EverQuote from $35.00 to $30.00 and set a “buy” rating on the stock in a research report on Monday. Raymond James upgraded shares of EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 price target for the company in a research note on Thursday, December 26th. B. Riley dropped their price objective on EverQuote from $36.50 to $29.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Finally, JPMorgan Chase & Co. decreased their target price on EverQuote from $28.00 to $25.00 and set an “overweight” rating for the company in a research report on Friday, January 10th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $31.67.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in shares of EverQuote by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 2,016,712 shares of the company’s stock worth $40,314,000 after buying an additional 24,347 shares in the last quarter. Toronado Partners LLC increased its holdings in EverQuote by 59.7% during the 4th quarter. Toronado Partners LLC now owns 718,774 shares of the company’s stock worth $14,368,000 after acquiring an additional 268,670 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in EverQuote by 32.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 654,152 shares of the company’s stock worth $13,076,000 after purchasing an additional 161,426 shares in the last quarter. Emerald Advisers LLC boosted its holdings in EverQuote by 165.8% in the 3rd quarter. Emerald Advisers LLC now owns 640,032 shares of the company’s stock valued at $13,498,000 after purchasing an additional 399,257 shares during the period. Finally, Divisadero Street Capital Management LP purchased a new position in shares of EverQuote during the 4th quarter valued at $12,311,000. Institutional investors own 91.54% of the company’s stock.

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.