EverQuote (NASDAQ:EVER) CEO Sells 20,981 Shares of Company Stock

EverQuote, Inc. (NASDAQ:EVER) CEO Jayme Mendal sold 20,981 shares of the company’s stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $23.88, for a total value of $501,026.28. Following the transaction, the chief executive officer directly owned 548,253 shares in the company, valued at approximately $13,092,281.64. This trade represents a 3.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Jayme Mendal also recently made the following trade(s):

• On Thursday, October 1st, Jayme Mendal sold 20,980 shares of EverQuote stock. The stock was sold at an average price of $19.69, for a total value of $413,096.20.
• On Tuesday, September 15th, Jayme Mendal sold 20,981 shares of EverQuote stock. The shares were sold at an average price of $24.27, for a total value of $509,208.87.

EverQuote Stock Performance

Shares of NASDAQ EVER traded up $1.49 during midday trading on Wednesday, hitting $30.60. 1,570,446 shares of the stock traded hands, compared to its average volume of 828,226. The company has a market cap of $1.10 billion, a PE ratio of 9.97 and a beta of 0.82. EverQuote, Inc. has a one year low of $13.88 and a one year high of $30.92. The business has a 50 day moving average price of $22.37 and a two-hundred day moving average price of $20.54.

EverQuote (NASDAQ:EVER) last issued its earnings results on Monday, November 2nd. The company reported $0.49 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.49. EverQuote had a return on equity of 47.68% and a net margin of 14.23%. The company had revenue of $218.08 million for the quarter, compared to analyst estimates of $205.12 million. During the same period in the prior year, the firm earned $0.50 earnings per share. EverQuote’s revenue for the quarter was up 25.4% on a year-over-year basis. As a group, equities research analysts forecast that EverQuote, Inc. will post 1.72 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. B. Riley Financial restated a “buy” rating and set a $35.00 price target (up from $34.00) on shares of EverQuote in a research note on Tuesday. Citigroup reaffirmed a “buy” rating on shares of EverQuote in a research note on Tuesday. Zacks Research raised shares of EverQuote from a “strong sell” rating to a “hold” rating in a research note on Friday, October 2nd. Cantor Fitzgerald reiterated an “overweight” rating on shares of EverQuote in a report on Tuesday. Finally, JPMorgan Chase & Co. boosted their target price on shares of EverQuote from $29.00 to $30.00 and gave the stock an “overweight” rating in a research report on Tuesday. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.00.

Key Stories Impacting EverQuote

Here are the key news stories impacting EverQuote this week:

• Positive Sentiment: EverQuote reported record third-quarter revenue, with coverage highlighting strong sales and growth. The company also guided for fourth-quarter revenue of $213 million to $223 million, modestly above the roughly $211.9 million consensus estimate. EverQuote Q3 2026: Record Revenue, EPS Miss, and a $50M Buyback
• Positive Sentiment: The company announced a $50 million share repurchase authorization, which may support shareholder returns. EverQuote Q3 2026: Record Revenue, EPS Miss, and a $50M Buyback
• Positive Sentiment: Analysts raised price targets: B. Riley and Needham lifted theirs to $35 and maintained Buy ratings. These upgrades signal continued optimism about the company’s prospects. EverQuote PT Raised to $35 at B. Riley
• Neutral Sentiment: Management plans to present at upcoming investor conferences and meet with investors; the announcement does not include new financial guidance. EverQuote to Present at Upcoming Investor Conferences
• Negative Sentiment: EverQuote is investing in agentic AI channels, which could weigh on margins, while some coverage warns of slower fourth-quarter growth. These concerns temper the otherwise strong sales and outlook. EverQuote outlines Q4 revenue while investing in agentic LLM channels

Institutional Trading of EverQuote

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EVER. Allspring Global Investments Holdings LLC raised its stake in shares of EverQuote by 31.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,869,798 shares of the company’s stock worth $37,359,000 after purchasing an additional 442,473 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in shares of EverQuote by 28.9% in the first quarter. Renaissance Technologies LLC now owns 941,467 shares of the company’s stock valued at $14,517,000 after purchasing an additional 211,360 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of EverQuote by 1.8% in the first quarter. Arrowstreet Capital Limited Partnership now owns 743,869 shares of the company’s stock valued at $11,470,000 after purchasing an additional 13,276 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of EverQuote by 37.7% during the first quarter. Dimensional Fund Advisors LP now owns 695,716 shares of the company’s stock valued at $10,728,000 after buying an additional 190,438 shares during the last quarter. Finally, Jacobs Asset Management LLC boosted its position in shares of EverQuote by 199.9% during the first quarter. Jacobs Asset Management LLC now owns 403,300 shares of the company’s stock valued at $6,219,000 after buying an additional 268,819 shares during the last quarter. 91.54% of the stock is owned by institutional investors.

EverQuote Company Profile

EverQuote, Inc operates an online marketplace that connects consumers seeking insurance with insurance providers and distribution partners. The company uses technology, data, and digital marketing to help consumers compare insurance options and obtain quotes.

Its platform has primarily focused on auto insurance, while also supporting other insurance categories, including home and renters insurance. EverQuote generates business by providing insurance carriers and agents with consumer referrals and opportunities to reach people who are actively shopping for coverage.

Founded in 2010 and headquartered in Cambridge, Massachusetts, EverQuote serves the United States insurance market.