Bokf Na Invests $296,000 in EverQuote, Inc. (NASDAQ:EVER)

Bokf Na bought a new position in EverQuote, Inc. (NASDAQ:EVER) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 16,222 shares of the company’s stock, valued at approximately $296,000.

A number of other large investors also recently modified their holdings of the stock. R Squared Ltd bought a new position in shares of EverQuote during the fourth quarter valued at about $34,000. KLP Kapitalforvaltning AS purchased a new position in EverQuote in the fourth quarter valued at approximately $90,000. Asset Management One Co. Ltd. grew its stake in shares of EverQuote by 80.4% during the 4th quarter. Asset Management One Co. Ltd. now owns 4,582 shares of the company’s stock worth $90,000 after acquiring an additional 2,042 shares during the period. AlphaQuest LLC boosted its position in EverQuote by 53.9% during the fourth quarter. AlphaQuest LLC now owns 7,704 shares of the company’s stock worth $154,000 after purchasing an additional 2,698 shares during the period. Finally, Tower Research Capital LLC TRC boosted its holdings in EverQuote by 23.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 8,968 shares of the company’s stock worth $179,000 after buying an additional 1,724 shares during the period. Institutional investors own 91.54% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on EVER. Needham & Company LLC restated a “buy” rating and issued a $38.00 target price on shares of EverQuote in a research note on Tuesday, May 6th. JPMorgan Chase & Co. upped their price objective on EverQuote from $29.00 to $30.00 and gave the stock an “overweight” rating in a report on Tuesday, May 6th. Finally, Canaccord Genuity Group reduced their target price on shares of EverQuote from $35.00 to $30.00 and set a “buy” rating on the stock in a report on Monday, February 24th. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, EverQuote has an average rating of “Buy” and an average price target of $32.50.

EverQuote Price Performance

Shares of EVER opened at $23.23 on Friday. EverQuote, Inc. has a one year low of $16.63 and a one year high of $30.03. The firm has a market capitalization of $829.87 million, a PE ratio of 68.32 and a beta of 0.45. The company has a 50-day simple moving average of $24.48 and a two-hundred day simple moving average of $21.35.

EverQuote (NASDAQ:EVER) last issued its quarterly earnings results on Monday, February 24th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.18. EverQuote had a net margin of 3.31% and a return on equity of 13.94%. The company had revenue of $147.46 million during the quarter, compared to analyst estimates of $133.83 million. Analysts expect that EverQuote, Inc. will post 0.72 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director John L. Shields sold 2,000 shares of the firm’s stock in a transaction dated Monday, April 14th. The shares were sold at an average price of $20.93, for a total transaction of $41,860.00. Following the sale, the director now owns 26,515 shares of the company’s stock, valued at $554,958.95. This trade represents a 7.01 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jayme Mendal sold 14,360 shares of the firm’s stock in a transaction that occurred on Monday, April 21st. The stock was sold at an average price of $21.36, for a total transaction of $306,729.60. Following the completion of the sale, the chief executive officer now owns 587,509 shares in the company, valued at $12,549,192.24. This represents a 2.39 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 193,967 shares of company stock valued at $5,278,231. 29.79% of the stock is currently owned by corporate insiders.

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.