EverQuote, Inc. (NASDAQ:EVER) Major Shareholder Ventures Lllp Link Sells 2,573 Shares of Stock

EverQuote, Inc. (NASDAQ:EVER) major shareholder Ventures Lllp Link sold 2,573 shares of EverQuote stock in a transaction on Wednesday, April 17th. The shares were sold at an average price of $20.48, for a total transaction of $52,695.04. Following the completion of the sale, the insider now owns 1,562,990 shares in the company, valued at $32,010,035.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Ventures Lllp Link also recently made the following trade(s):

• On Friday, April 12th, Ventures Lllp Link sold 109 shares of EverQuote stock. The stock was sold at an average price of $20.00, for a total transaction of $2,180.00.
• On Thursday, April 4th, Ventures Lllp Link sold 130 shares of EverQuote stock. The stock was sold at an average price of $20.08, for a total transaction of $2,610.40.
• On Friday, March 15th, Ventures Lllp Link sold 49,683 shares of EverQuote stock. The stock was sold at an average price of $18.09, for a total transaction of $898,765.47.
• On Wednesday, March 13th, Ventures Lllp Link sold 91,838 shares of EverQuote stock. The stock was sold at an average price of $19.37, for a total transaction of $1,778,902.06.
• On Monday, March 11th, Ventures Lllp Link sold 10,549 shares of EverQuote stock. The stock was sold at an average price of $17.07, for a total transaction of $180,071.43.
• On Monday, February 26th, Ventures Lllp Link sold 5,947 shares of EverQuote stock. The stock was sold at an average price of $17.11, for a total transaction of $101,753.17.
• On Thursday, February 22nd, Ventures Lllp Link sold 578 shares of EverQuote stock. The stock was sold at an average price of $16.61, for a total transaction of $9,600.58.
• On Friday, February 9th, Ventures Lllp Link sold 10,422 shares of EverQuote stock. The stock was sold at an average price of $15.43, for a total transaction of $160,811.46.

EverQuote Trading Up 1.5 %

Shares of EVER opened at $18.39 on Friday. EverQuote, Inc. has a 1-year low of $5.36 and a 1-year high of $20.74. The company has a 50-day moving average of $17.48 and a 200 day moving average of $12.67.

EverQuote (NASDAQ:EVER) last announced its quarterly earnings data on Monday, February 26th. The company reported ($0.19) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.31) by $0.12. EverQuote had a negative net margin of 17.81% and a negative return on equity of 34.38%. The company had revenue of $55.71 million during the quarter, compared to analyst estimates of $49.89 million. Equities research analysts predict that EverQuote, Inc. will post -0.43 EPS for the current year.

Institutional Investors Weigh In On EverQuote

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EVER. FNY Investment Advisers LLC bought a new stake in EverQuote during the 4th quarter valued at about $40,000. Citigroup Inc. raised its holdings in shares of EverQuote by 1,200.2% in the 2nd quarter. Citigroup Inc. now owns 6,371 shares of the company’s stock valued at $41,000 after purchasing an additional 5,881 shares in the last quarter. State of Wyoming bought a new stake in shares of EverQuote in the 4th quarter valued at about $42,000. First Horizon Advisors Inc. raised its holdings in shares of EverQuote by 52.5% in the 3rd quarter. First Horizon Advisors Inc. now owns 5,755 shares of the company’s stock valued at $42,000 after purchasing an additional 1,981 shares in the last quarter. Finally, Osaic Holdings Inc. raised its holdings in shares of EverQuote by 35.9% in the 2nd quarter. Osaic Holdings Inc. now owns 6,573 shares of the company’s stock valued at $43,000 after purchasing an additional 1,735 shares in the last quarter. Institutional investors own 91.54% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on EVER. Needham & Company LLC lifted their price target on shares of EverQuote from $15.00 to $25.00 and gave the stock a “buy” rating in a research note on Tuesday, February 27th. B. Riley began coverage on shares of EverQuote in a research note on Friday. They set a “buy” rating and a $24.00 price target for the company. Finally, JPMorgan Chase & Co. lifted their price target on shares of EverQuote from $13.00 to $25.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 27th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, EverQuote presently has a consensus rating of “Buy” and an average target price of $20.60.

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.