Allspring Global Investments Holdings LLC Buys 103,880 Shares of EverQuote, Inc. $EVER

Allspring Global Investments Holdings LLC boosted its stake in EverQuote, Inc. (NASDAQ:EVER) by 42.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 347,265 shares of the company’s stock after purchasing an additional 103,880 shares during the period. Allspring Global Investments Holdings LLC’s holdings in EverQuote were worth $8,480,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in EVER. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of EverQuote by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,007 shares of the company’s stock valued at $393,000 after acquiring an additional 624 shares during the period. Concurrent Investment Advisors LLC increased its stake in shares of EverQuote by 7.5% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 10,004 shares of the company’s stock worth $242,000 after purchasing an additional 695 shares in the last quarter. Algert Global LLC increased its stake in shares of EverQuote by 3.8% in the 1st quarter. Algert Global LLC now owns 53,658 shares of the company’s stock worth $1,405,000 after purchasing an additional 1,940 shares in the last quarter. CWM LLC increased its stake in shares of EverQuote by 124.3% in the 1st quarter. CWM LLC now owns 12,701 shares of the company’s stock worth $333,000 after purchasing an additional 7,038 shares in the last quarter. Finally, Sierra Summit Advisors LLC increased its stake in shares of EverQuote by 24.4% in the 1st quarter. Sierra Summit Advisors LLC now owns 36,379 shares of the company’s stock worth $953,000 after purchasing an additional 7,124 shares in the last quarter. Institutional investors own 91.54% of the company’s stock.

Insiders Place Their Bets

In other EverQuote news, major shareholder Ventures Lllp Link sold 900,000 shares of the business’s stock in a transaction on Sunday, August 10th. The shares were sold at an average price of $23.33, for a total value of $20,997,000.00. Following the sale, the insider owned 2,598,154 shares in the company, valued at $60,614,932.82. The trade was a 25.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John L. Shields sold 2,000 shares of the business’s stock in a transaction dated Monday, October 13th. The stock was sold at an average price of $20.78, for a total transaction of $41,560.00. Following the completion of the sale, the director owned 27,219 shares in the company, valued at approximately $565,610.82. This trade represents a 6.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 943,753 shares of company stock worth $22,016,050. 25.52% of the stock is owned by corporate insiders.

EverQuote Stock Performance

EVER opened at $19.45 on Monday. EverQuote, Inc. has a fifty-two week low of $16.63 and a fifty-two week high of $30.03. The firm’s fifty day moving average is $23.05 and its 200 day moving average is $23.58. The stock has a market cap of $710.12 million, a price-to-earnings ratio of 15.69 and a beta of 0.58.

EverQuote (NASDAQ:EVER) last released its 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 company had revenue of $156.63 million for the quarter, compared to analysts’ expectations of $157.19 million. During the same quarter in the previous year, the company earned $0.17 EPS. EverQuote’s revenue for the quarter was up 33.7% on a year-over-year basis. EverQuote has set its Q3 2025 guidance at EPS. On average, equities research analysts predict that EverQuote, Inc. will post 0.72 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have recently commented on EVER shares. Wall Street Zen upgraded EverQuote from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 11th. Needham & Company LLC restated a “buy” rating and issued a $38.00 price objective on shares of EverQuote in a research note on Tuesday, August 5th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of EverQuote in a research note on Wednesday, October 8th. 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 company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $32.40.

EverQuote 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.