John Shields Sells 2,000 Shares of EverQuote (NASDAQ:EVER) Stock

EverQuote, Inc. (NASDAQ:EVER) Director John Shields sold 2,000 shares of EverQuote stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $24.00, for a total transaction of $48,000.00. Following the sale, the director owned 29,219 shares of the company’s stock, valued at approximately $701,256. This represents a 6.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

EverQuote Price Performance

Shares of EVER opened at $23.25 on Thursday. EverQuote, Inc. has a 1-year low of $16.63 and a 1-year high of $30.03. The stock has a market cap of $848.86 million, a PE ratio of 18.75 and a beta of 0.54. The firm has a 50-day simple moving average of $24.13 and a two-hundred day simple moving average of $24.31.

EverQuote (NASDAQ:EVER) last announced its quarterly earnings results on Monday, August 4th. The company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. EverQuote had a net margin of 7.57% and a return on equity of 36.90%. The business had revenue of $156.63 million during the quarter, compared to analysts’ expectations of $157.19 million. During the same period last year, the business earned $0.17 earnings per share. The business’s revenue for the quarter was up 33.7% on a year-over-year basis. EverQuote has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that EverQuote, Inc. will post 0.72 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Needham & Company LLC reissued a “buy” rating and set a $38.00 target price on shares of EverQuote in a research note on Tuesday, August 5th. One analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $32.40.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in EVER. Nuveen LLC acquired a new position in shares of EverQuote in the first quarter valued at approximately $15,363,000. Emerald Advisers LLC acquired a new position in shares of EverQuote in the first quarter valued at approximately $11,621,000. Point72 Asset Management L.P. grew its holdings in shares of EverQuote by 2,301.4% in the fourth quarter. Point72 Asset Management L.P. now owns 461,013 shares of the company’s stock valued at $9,216,000 after purchasing an additional 441,815 shares in the last quarter. Hennessy Advisors Inc. acquired a new position in shares of EverQuote in the second quarter valued at approximately $10,170,000. Finally, Emerald Mutual Fund Advisers Trust acquired a new position in shares of EverQuote in the first quarter valued at approximately $8,383,000. Institutional investors and hedge funds 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.