Ventures Lllp Link Sells 6,830 Shares of EverQuote, Inc. (NASDAQ:EVER) Stock

Posted by Defense World Staff on May 4th, 2024

EverQuote, Inc. (NASDAQ:EVER – Get Free Report) major shareholder Ventures Lllp Link sold 6,830 shares of the company’s stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $20.14, for a total transaction of $137,556.20. Following the completion of the sale, the insider now directly owns 1,556,160 shares of the company’s stock, valued at $31,341,062.40. The sale was disclosed in a filing with the SEC, which is accessible through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Ventures Lllp Link also recently made the following trade(s):

On Wednesday, April 17th, Ventures Lllp Link sold 2,573 shares of EverQuote stock. The stock was sold at an average price of $20.48, for a total value of $52,695.04.
On Friday, April 12th, Ventures Lllp Link sold 109 shares of EverQuote stock. The shares were sold at an average price of $20.00, for a total value of $2,180.00.
On Thursday, April 4th, Ventures Lllp Link sold 130 shares of EverQuote stock. The stock was sold at an average price of $20.08, for a total value of $2,610.40.
On Friday, March 15th, Ventures Lllp Link sold 49,683 shares of EverQuote stock. The shares were sold at an average price of $18.09, for a total value of $898,765.47.
On Wednesday, March 13th, Ventures Lllp Link sold 91,838 shares of EverQuote stock. The shares were sold at an average price of $19.37, for a total transaction of $1,778,902.06.
On Monday, March 11th, Ventures Lllp Link sold 10,549 shares of EverQuote stock. The stock was sold at an average price of $17.07, for a total transaction of $180,071.43.
On Monday, February 26th, Ventures Lllp Link sold 5,947 shares of EverQuote stock. The shares were sold at an average price of $17.11, for a total transaction of $101,753.17.
On Thursday, February 22nd, Ventures Lllp Link sold 578 shares of EverQuote stock. The stock was sold at an average price of $16.61, for a total transaction of $9,600.58.
On Friday, February 9th, Ventures Lllp Link sold 10,422 shares of EverQuote stock. The shares were sold at an average price of $15.43, for a total value of $160,811.46.

EverQuote Stock Performance

NASDAQ:EVER opened at $21.75 on Friday. The business’s fifty day moving average is $18.20 and its 200 day moving average is $13.42. The firm has a market cap of $744.50 million, a price-to-earnings ratio of -14.12 and a beta of 0.85. EverQuote, Inc. has a 52-week low of $5.36 and a 52-week high of $22.27.

EverQuote (NASDAQ:EVER – Get Free Report) last posted its earnings results on Monday, February 26th. The company reported ($0.19) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.31) by $0.12. EverQuote had a negative return on equity of 34.38% and a negative net margin of 17.81%. The business had revenue of $55.71 million during the quarter, compared to analyst estimates of $49.89 million. Equities analysts predict that EverQuote, Inc. will post -0.42 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

EVER has been the topic of a number of recent research reports. JPMorgan Chase & Co. upped their price target on EverQuote from $13.00 to $25.00 and gave the company an “overweight” rating in a research report on Tuesday, February 27th. B. Riley initiated coverage on shares of EverQuote in a report on Friday, April 19th. They set a “buy” rating and a $24.00 price objective on the stock. Finally, Needham & Company LLC lifted their target price on shares of EverQuote from $15.00 to $25.00 and gave the stock a “buy” rating in a research note on Tuesday, February 27th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $20.60.

Check Out Our Latest Stock Analysis on EVER

Institutional Trading of EverQuote

Hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James & Associates grew its position in shares of EverQuote by 69.3% during the 3rd quarter. Raymond James & Associates now owns 44,704 shares of the company’s stock valued at $323,000 after purchasing an additional 18,295 shares in the last quarter. First Horizon Advisors Inc. boosted its stake in EverQuote by 52.5% during the third quarter. First Horizon Advisors Inc. now owns 5,755 shares of the company’s stock valued at $42,000 after buying an additional 1,981 shares during the period. Gilbert & Cook Inc. purchased a new position in EverQuote during the third quarter worth about $85,000. New York State Common Retirement Fund increased its stake in EverQuote by 15.6% in the 3rd quarter. New York State Common Retirement Fund now owns 42,213 shares of the company’s stock worth $305,000 after acquiring an additional 5,684 shares during the last quarter. Finally, First Eagle Investment Management LLC raised its holdings in shares of EverQuote by 9.0% in the 3rd quarter. First Eagle Investment Management LLC now owns 554,504 shares of the company’s stock valued at $4,009,000 after acquiring an additional 45,813 shares in the last quarter. Institutional investors own 91.54% of the company’s stock.

About EverQuote

(Get Free Report)

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.