Petrus Trust Company LTA Sells 19,965 Shares of EverQuote, Inc. $EVER

Petrus Trust Company LTA lowered its stake in shares of EverQuote, Inc. (NASDAQ:EVER) by 69.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,598 shares of the company’s stock after selling 19,965 shares during the quarter. Petrus Trust Company LTA’s holdings in EverQuote were worth $225,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in EverQuote by 4.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,383 shares of the company’s stock worth $288,000 after purchasing an additional 608 shares during the period. Algert Global LLC boosted its position in EverQuote by 3.8% during the first 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 during the period. California State Teachers Retirement System boosted its position in EverQuote by 11.8% during the fourth quarter. California State Teachers Retirement System now owns 24,781 shares of the company’s stock worth $495,000 after purchasing an additional 2,624 shares during the period. State of Wyoming boosted its position in EverQuote by 51.5% during the fourth quarter. State of Wyoming now owns 11,353 shares of the company’s stock worth $227,000 after purchasing an additional 3,858 shares during the period. Finally, Jane Street Group LLC boosted its position in EverQuote by 88.7% during the fourth quarter. Jane Street Group LLC now owns 12,081 shares of the company’s stock worth $241,000 after purchasing an additional 5,678 shares during the period. Institutional investors own 91.54% of the company’s stock.

EverQuote Trading Up 2.4%

EVER opened at $24.31 on Wednesday. EverQuote, Inc. has a 1-year low of $16.63 and a 1-year high of $30.03. The stock has a market capitalization of $887.56 million, a price-to-earnings ratio of 19.60 and a beta of 0.54. The business has a 50 day moving average of $24.14 and a 200-day moving average of $24.32.

EverQuote (NASDAQ:EVER) last posted its quarterly earnings data on Monday, August 4th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.04. EverQuote had a return on equity of 36.90% and a net margin of 7.57%.The company had revenue of $156.63 million during the quarter, compared to analysts’ expectations of $157.19 million. During the same period in the prior year, the business earned $0.17 earnings per share. EverQuote’s revenue for the quarter was up 33.7% compared to the same quarter last year. EverQuote has set its Q3 2025 guidance at EPS. Equities analysts predict that EverQuote, Inc. will post 0.72 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC reaffirmed a “buy” rating and set a $38.00 target price on shares of EverQuote in a research report on Tuesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. According to data from MarketBeat.com, EverQuote currently has a consensus rating of “Buy” and a consensus price target of $32.40.

Insiders Place Their Bets

In related news, CEO Jayme Mendal sold 14,360 shares of the company’s stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $22.86, for a total value of $328,269.60. Following the completion of the transaction, the chief executive officer directly owned 512,780 shares in the company, valued at approximately $11,722,150.80. This represents a 2.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO David Brainard sold 5,710 shares of the company’s stock in a transaction on Monday, July 7th. The shares were sold at an average price of $24.57, for a total value of $140,294.70. Following the completion of the transaction, the chief technology officer owned 128,720 shares of the company’s stock, valued at $3,162,650.40. The trade was a 4.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 959,250 shares of company stock valued at $22,420,509 in the last ninety days. 25.52% of the stock is currently owned by insiders.

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.