Jump Financial LLC Boosts Stake in EverQuote, Inc. (NASDAQ:EVER)

Jump Financial LLC lifted its holdings in shares of EverQuote, Inc. (NASDAQ:EVER) by 18.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,000 shares of the company’s stock after buying an additional 11,072 shares during the period. Jump Financial LLC owned approximately 0.20% of EverQuote worth $1,439,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. R Squared Ltd purchased a new stake in shares of EverQuote during the 4th quarter valued at about $34,000. KLP Kapitalforvaltning AS bought a new stake in EverQuote in the 4th quarter worth approximately $90,000. Asset Management One Co. Ltd. raised its stake in EverQuote by 80.4% during the 4th quarter. Asset Management One Co. Ltd. now owns 4,582 shares of the company’s stock valued at $90,000 after buying an additional 2,042 shares during the last quarter. AlphaQuest LLC lifted its holdings in shares of EverQuote by 53.9% during the 4th quarter. AlphaQuest LLC now owns 7,704 shares of the company’s stock valued at $154,000 after buying an additional 2,698 shares during the period. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of EverQuote in the 4th quarter worth $205,000. 91.54% of the stock is currently owned by institutional investors.

Insider Activity at EverQuote

In related news, major shareholder Ventures Lllp Link sold 1,022 shares of the firm’s stock in a transaction on Monday, March 24th. The shares were sold at an average price of $28.75, for a total value of $29,382.50. Following the completion of the transaction, the insider now directly owns 3,498,667 shares of the company’s stock, valued at approximately $100,586,676.25. This trade represents a 0.03 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Jon Ayotte sold 7,647 shares of the stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $25.72, for a total transaction of $196,680.84. Following the transaction, the chief accounting officer now owns 58,045 shares of the company’s stock, valued at $1,492,917.40. This trade represents a 11.64 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 181,607 shares of company stock valued at $5,011,502. Corporate insiders own 29.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on EVER shares. Needham & Company LLC increased their target price on EverQuote from $30.00 to $38.00 and gave the company a “buy” rating in a report on Tuesday, February 25th. JPMorgan Chase & Co. raised their price objective on shares of EverQuote from $25.00 to $29.00 and gave the stock an “overweight” rating in a report on Tuesday, February 25th. Raymond James raised shares of EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 target price for the company in a report on Thursday, December 26th. Finally, Canaccord Genuity Group dropped their price target on shares of EverQuote from $35.00 to $30.00 and set a “buy” rating on the stock in a research note on Monday, February 24th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, EverQuote currently has a consensus rating of “Buy” and a consensus target price of $32.33.

EverQuote Stock Performance

EVER opened at $22.81 on Friday. EverQuote, Inc. has a fifty-two week low of $16.63 and a fifty-two week high of $30.03. The stock has a market cap of $814.86 million, a price-to-earnings ratio of 67.09 and a beta of 0.77. The firm’s fifty day moving average is $24.35 and its 200 day moving average is $20.92.

EverQuote (NASDAQ:EVER) last released its quarterly earnings data on Monday, February 24th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.18. EverQuote had a return on equity of 13.94% and a net margin of 3.31%. The firm had revenue of $147.46 million during the quarter, compared to analyst estimates of $133.83 million. On average, equities research analysts predict that EverQuote, Inc. will post 0.72 earnings per share for the current year.

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.