EverQuote, Inc. $EVER Shares Sold by MBL Wealth LLC

MBL Wealth LLC trimmed its holdings in shares of EverQuote, Inc. (NASDAQ:EVER) by 7.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 33,000 shares of the company’s stock after selling 2,765 shares during the quarter. MBL Wealth LLC owned 0.09% of EverQuote worth $798,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. FNY Investment Advisers LLC purchased a new position in EverQuote during the first quarter worth about $157,000. Arizona State Retirement System purchased a new position in shares of EverQuote during the 1st quarter worth approximately $202,000. Linden Thomas Advisory Services LLC purchased a new position in shares of EverQuote during the 1st quarter worth approximately $216,000. Pallas Capital Advisors LLC acquired a new stake in EverQuote in the 2nd quarter valued at approximately $222,000. Finally, Cornerstone Investment Partners LLC purchased a new stake in EverQuote in the first quarter valued at approximately $225,000. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

EverQuote Trading Up 0.4%

Shares of NASDAQ:EVER opened at $22.27 on Friday. The firm has a 50 day simple moving average of $23.75 and a 200-day simple moving average of $24.06. EverQuote, Inc. has a twelve month low of $16.63 and a twelve month high of $30.03. The company has a market capitalization of $813.08 million, a PE ratio of 17.96 and a beta of 0.58.

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

Insider Activity at EverQuote

In other EverQuote news, major shareholder Ventures Lllp Link sold 900,000 shares of the business’s stock in a transaction that occurred on Sunday, August 10th. The stock was sold at an average price of $23.33, for a total value of $20,997,000.00. Following the completion of the sale, the insider owned 2,598,154 shares in the company, valued at approximately $60,614,932.82. The trade was a 25.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John L. Shields sold 2,000 shares of the stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $24.00, for a total value of $48,000.00. Following the completion of the sale, the director directly owned 29,219 shares of the company’s stock, valued at $701,256. The trade was a 6.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 959,250 shares of company stock valued at $22,422,920 over the last 90 days. 25.52% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of EverQuote in a research report on Saturday, September 27th. Wall Street Zen cut EverQuote from a “strong-buy” rating to a “buy” rating in a report on Friday. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $38.00 target price on shares of EverQuote in a research report on Tuesday, August 5th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $32.40.

EverQuote Company Profile

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.