David Brainard Sells 5,710 Shares of EverQuote (NASDAQ:EVER) Stock

EverQuote, Inc. (NASDAQ:EVER) CTO David Brainard sold 5,710 shares of EverQuote stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of $22.20, for a total value of $126,762.00. Following the sale, the chief technology officer directly owned 115,161 shares in the company, valued at $2,556,574.20. This trade represents a 4.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

David Brainard also recently made the following trade(s):

• On Wednesday, August 27th, David Brainard sold 1,291 shares of EverQuote stock. The shares were sold at an average price of $23.50, for a total value of $30,338.50.

EverQuote Price Performance

EverQuote stock opened at $20.58 on Friday. The stock has a market cap of $751.38 million, a P/E ratio of 16.60 and a beta of 0.58. EverQuote, Inc. has a 1 year low of $16.63 and a 1 year high of $30.03. The firm’s 50 day moving average price is $23.49 and its 200-day moving average price is $23.86.

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

Institutional Investors Weigh In On EverQuote

Several large investors have recently added to or reduced their stakes in EVER. State of Wyoming increased its position in shares of EverQuote by 107.1% during the 2nd quarter. State of Wyoming now owns 16,058 shares of the company’s stock valued at $388,000 after purchasing an additional 8,306 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of EverQuote by 271.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,259 shares of the company’s stock valued at $79,000 after purchasing an additional 2,381 shares during the last quarter. State of Tennessee Department of Treasury bought a new position in EverQuote during the second quarter valued at $153,000. Man Group plc bought a new position in EverQuote during the second quarter valued at $1,110,000. Finally, Lazard Asset Management LLC increased its position in EverQuote by 31.8% during the second quarter. Lazard Asset Management LLC now owns 208,214 shares of the company’s stock valued at $5,033,000 after acquiring an additional 50,190 shares during the last quarter. 91.54% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on EVER. Wall Street Zen raised EverQuote from a “buy” rating to a “strong-buy” rating in a report on Saturday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of EverQuote in a research note on Wednesday. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $38.00 price objective on shares of EverQuote in a research note on Tuesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $32.40.

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.