EverQuote (NASDAQ:EVER) CAO Sells 491 Shares

EverQuote's Chief Accounting Officer, Jon Ayotte, sold 491 shares at $23.80 each, totaling $11,685.80, reducing his ownership by 0.92%. The transaction was disclosed in an SEC filing. EverQuote's stock performance shows a recent increase, with analysts predicting growth and several institutional investors adjusting their positions. The company reported strong earnings, surpassing estimates, and analysts have given mixed ratings, with some upgrading to 'strong-buy' and others maintaining 'hold' ratings.

EverQuote, Inc. (NASDAQ:EVER - Get Free Report) CAO Jon Ayotte sold 491 shares of EverQuote stock in a transaction on Friday, November 21st. The stock was sold at an average price of $23.80, for a total transaction of $11,685.80. Following the transaction, the chief accounting officer owned 52,872 shares in the company, valued at $1,258,353.60. This represents a 0.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Jon Ayotte also recently made the following trade(s):

On Tuesday, November 18th, Jon Ayotte sold 376 shares of EverQuote stock. The shares were sold at an average price of $24.54, for a total value of $9,227.04.

EverQuote Stock Performance

Shares of NASDAQ EVER traded up $0.33 during trading on Monday, hitting $24.82. The company had a trading volume of 364,669 shares, compared to its average volume of 528,047. EverQuote, Inc. has a 12 month low of $16.63 and a 12 month high of $30.03. The firm has a market capitalization of $892.53 million, a P/E ratio of 17.36 and a beta of 0.53. The stock has a 50 day simple moving average of $22.76 and a 200 day simple moving average of $23.65.

EverQuote (NASDAQ:EVER - Get Free Report) last released its earnings results on Monday, November 3rd. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.13. The company had revenue of $173.94 million during the quarter, compared to analyst estimates of $166.09 million. EverQuote had a net margin of 8.36% and a return on equity of 38.19%. The firm's quarterly revenue was up 20.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.31 EPS. EverQuote has set its Q4 2025 guidance at EPS. As a group, analysts predict that EverQuote, Inc. will post 0.72 EPS for the current year.

Institutional Investors Weigh In On EverQuote

Several hedge funds and other institutional investors have recently made changes to their positions in EVER. Comerica Bank boosted its stake in shares of EverQuote by 235.4% during the 3rd quarter. Comerica Bank now owns 1,100 shares of the company's stock worth $25,000 after purchasing an additional 772 shares during the period. Versant Capital Management Inc lifted its stake in EverQuote by 108.9% in the third quarter. Versant Capital Management Inc now owns 1,153 shares of the company's stock worth $26,000 after purchasing an additional 601 shares during the last quarter. NewEdge Advisors LLC purchased a new position in shares of EverQuote during the third quarter valued at approximately $52,000. Jones Financial Companies Lllp grew its stake in shares of EverQuote by 595.8% during the third quarter. Jones Financial Companies Lllp now owns 2,623 shares of the company's stock valued at $62,000 after buying an additional 2,246 shares during the last quarter. Finally, Ameritas Investment Partners Inc. raised its holdings in shares of EverQuote by 25.8% in the second quarter. Ameritas Investment Partners Inc. now owns 2,796 shares of the company's stock worth $68,000 after buying an additional 573 shares during the period. Hedge funds and other institutional investors own 91.54% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on EVER shares. JPMorgan Chase & Co. increased their price objective on shares of EverQuote from $29.00 to $30.00 and gave the company an "overweight" rating in a report on Tuesday, November 4th. Zacks Research raised EverQuote from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, November 4th. Needham & Company LLC upped their price objective on EverQuote from $38.00 to $40.00 and gave the stock a "buy" rating in a report on Tuesday, November 4th. Wall Street Zen downgraded EverQuote from a "strong-buy" rating to a "buy" rating in a research report on Saturday, November 1st. Finally, Weiss Ratings restated a "hold (c)" rating on shares of EverQuote in a research report on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $33.75.

Read Our Latest Stock Report 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, 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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