S Squared Technology LLC Makes New $1.21 Million Investment in EverQuote, Inc. $EVER

S Squared Technology LLC acquired a new position in EverQuote, Inc. (NASDAQ:EVER) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 50,000 shares of the company’s stock, valued at approximately $1,209,000.

A number of other large investors also recently modified their holdings of the company. Asset Management One Co. Ltd. boosted its holdings in EverQuote by 28.7% in the 2nd quarter. Asset Management One Co. Ltd. now owns 4,682 shares of the company’s stock worth $113,000 after buying an additional 1,044 shares during the period. AlphaQuest LLC raised its holdings in EverQuote by 70.9% during the second quarter. AlphaQuest LLC now owns 5,485 shares of the company’s stock valued at $133,000 after acquiring an additional 2,276 shares during the period. Arizona State Retirement System purchased a new position in shares of EverQuote in the first quarter valued at about $202,000. Linden Thomas Advisory Services LLC boosted its stake in shares of EverQuote by 5.5% in the second quarter. Linden Thomas Advisory Services LLC now owns 8,684 shares of the company’s stock worth $210,000 after acquiring an additional 453 shares during the period. Finally, Pallas Capital Advisors LLC bought a new position in shares of EverQuote in the second quarter worth about $222,000. Hedge funds and other 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 boosted their price target on EverQuote from $38.00 to $40.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Zacks Research raised shares of EverQuote from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 4th. JPMorgan Chase & Co. upped their target price on shares of EverQuote from $29.00 to $30.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of EverQuote in a report on Wednesday, October 8th. Finally, Wall Street Zen cut shares of EverQuote from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 1st. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $33.75.

Insider Buying and Selling at EverQuote

In related news, CTO David Brainard sold 5,710 shares of the stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $22.20, for a total value of $126,762.00. Following the completion of the transaction, the chief technology officer owned 115,161 shares of the company’s stock, valued at approximately $2,556,574.20. This trade represents a 4.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John L. Shields sold 2,000 shares of EverQuote stock in a transaction dated Monday, October 13th. The stock was sold at an average price of $20.78, for a total value of $41,560.00. Following the completion of the transaction, the director owned 27,219 shares of the company’s stock, valued at approximately $565,610.82. This represents a 6.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 58,113 shares of company stock valued at $1,298,496 over the last quarter. 25.52% of the stock is owned by corporate insiders.

EverQuote Price Performance

Shares of EVER opened at $25.43 on Monday. The stock has a market capitalization of $928.53 million, a price-to-earnings ratio of 17.78 and a beta of 0.53. EverQuote, Inc. has a 1 year low of $16.63 and a 1 year high of $30.03. The business’s 50 day simple moving average is $22.51 and its 200-day simple moving average is $23.60.

EverQuote (NASDAQ:EVER) last announced its quarterly earnings results on Monday, November 3rd. The company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.13. The company had revenue of $173.94 million for the quarter, compared to analysts’ expectations of $166.09 million. EverQuote had a net margin of 8.36% and a return on equity of 38.19%. EverQuote’s quarterly revenue was up 20.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.31 earnings per share. EverQuote has set its Q4 2025 guidance at EPS. On average, sell-side analysts expect that EverQuote, Inc. will post 0.72 earnings per share for the current year.

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.