EverQuote (NASDAQ:EVER) CAO Jon Ayotte Sells 881 Shares of Stock

EverQuote, Inc. (NASDAQ:EVER – Get Free Report) CAO Jon Ayotte sold 881 shares of EverQuote stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $24.96, for a total value of $21,989.76. Following the sale, the chief accounting officer owned 73,699 shares in the company, valued at $1,839,527.04. This trade represents a 1.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

Get EverQuote alerts:

• On Wednesday, July 1st, Jon Ayotte sold 4,611 shares of EverQuote stock. The shares were sold at an average price of $24.15, for a total transaction of $111,355.65.
• On Monday, June 1st, Jon Ayotte sold 889 shares of EverQuote stock. The shares were sold at an average price of $20.00, for a total value of $17,780.00.
• On Tuesday, May 26th, Jon Ayotte sold 888 shares of EverQuote stock. The stock was sold at an average price of $18.69, for a total transaction of $16,596.72.
• On Thursday, May 21st, Jon Ayotte sold 285 shares of EverQuote stock. The stock was sold at an average price of $18.24, for a total value of $5,198.40.
• On Tuesday, May 5th, Jon Ayotte sold 363 shares of EverQuote stock. The shares were sold at an average price of $20.00, for a total transaction of $7,260.00.

EverQuote Stock Performance

Shares of EVER stock opened at $24.80 on Thursday. The stock has a market cap of $893.54 million, a PE ratio of 8.44 and a beta of 0.61. The stock has a fifty day moving average price of $20.26 and a 200 day moving average price of $19.53. EverQuote, Inc. has a 1 year low of $13.88 and a 1 year high of $28.73.

EverQuote (NASDAQ:EVER – Get Free Report) last announced its quarterly earnings results on Monday, May 4th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.08. EverQuote had a net margin of 15.35% and a return on equity of 53.39%. The company had revenue of $190.85 million for the quarter, compared to the consensus estimate of $180.10 million. During the same quarter in the prior year, the firm earned $0.21 earnings per share. The company’s revenue for the quarter was up 14.6% compared to the same quarter last year. As a group, equities research analysts predict that EverQuote, Inc. will post 1.72 earnings per share for the current year.

Hedge Funds Weigh In On EverQuote

Large investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of EverQuote by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,007 shares of the company’s stock worth $393,000 after buying an additional 624 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of EverQuote by 4.3% during the second quarter. Cetera Investment Advisers now owns 16,204 shares of the company’s stock worth $392,000 after buying an additional 675 shares during the period. Comerica Bank boosted its position in shares of EverQuote by 235.4% during the third quarter. Comerica Bank now owns 1,100 shares of the company’s stock worth $25,000 after buying an additional 772 shares during the period. Legal & General Group Plc grew its holdings in EverQuote by 3.3% in the 3rd quarter. Legal & General Group Plc now owns 24,301 shares of the company’s stock worth $556,000 after buying an additional 776 shares in the last quarter. Finally, Zacks Investment Management grew its holdings in EverQuote by 1.2% in the 4th quarter. Zacks Investment Management now owns 66,281 shares of the company’s stock worth $1,790,000 after buying an additional 782 shares in the last quarter. 91.54% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on EVER. JPMorgan Chase & Co. lifted their price target on EverQuote from $22.00 to $24.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. Wall Street Zen downgraded EverQuote from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Needham & Company LLC restated a “buy” rating and set a $25.00 target price on shares of EverQuote in a report on Tuesday, May 5th. Finally, Weiss Ratings raised EverQuote from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, May 15th. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, EverQuote has an average rating of “Moderate Buy” and an average target price of $24.17.

Get Our Latest Analysis on EverQuote

About EverQuote

(Get Free Report)

EverQuote, Inc operates an online insurance marketplace that connects consumers with insurance providers across the United States. Founded in 2011 and headquartered in Cambridge, Massachusetts, the company leverages proprietary technology to match individuals seeking coverage with insurers offering competitive rates. Since its initial public offering in 2020, EverQuote has focused on expanding its digital platform and enhancing the efficiency of its lead-generation processes.

The company’s core business centers on a quote-comparison engine for personal auto, home, and health insurance products.

Featured Stories

• Five stocks we like better than EverQuote
• A Market Panic Just Discounted the AI Highway’s Tollbooth
• Why Exxon Could Be the Market’s Next Big Comeback Stock
• The Market Just Got Shaken—These 3 ETFs May Come Out Stronger
• Meta Platforms’ Cloud Push: Growth Opportunity Versus AI Concerns

Receive News & Ratings for EverQuote Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EverQuote and related companies with MarketBeat.com's FREE daily email newsletter.