EverQuote, Inc. (NASDAQ:EVER) Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets increased its stake in EverQuote, Inc. (NASDAQ:EVER) by 29.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,570 shares of the company’s stock after purchasing an additional 4,506 shares during the quarter. BNP Paribas Financial Markets owned about 0.06% of EverQuote worth $413,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of EVER. Emerald Mutual Fund Advisers Trust raised its position in EverQuote by 572.1% in the third quarter. Emerald Mutual Fund Advisers Trust now owns 504,081 shares of the company’s stock worth $10,631,000 after acquiring an additional 429,084 shares in the last quarter. Emerald Advisers LLC raised its position in EverQuote by 165.8% in the third quarter. Emerald Advisers LLC now owns 640,032 shares of the company’s stock worth $13,498,000 after acquiring an additional 399,257 shares in the last quarter. Renaissance Technologies LLC raised its position in EverQuote by 331.9% in the second quarter. Renaissance Technologies LLC now owns 293,708 shares of the company’s stock worth $6,127,000 after acquiring an additional 225,700 shares in the last quarter. Cubist Systematic Strategies LLC raised its position in EverQuote by 335.2% in the second quarter. Cubist Systematic Strategies LLC now owns 265,944 shares of the company’s stock worth $5,548,000 after acquiring an additional 204,835 shares in the last quarter. Finally, Acadian Asset Management LLC raised its holdings in EverQuote by 62.6% during the 2nd quarter. Acadian Asset Management LLC now owns 517,331 shares of the company’s stock worth $10,786,000 after buying an additional 199,187 shares during the period. Institutional investors and hedge funds own 91.54% of the company’s stock.

Insider Activity at EverQuote

In other EverQuote news, Director George R. Neble sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, October 10th. The stock was sold at an average price of $19.42, for a total transaction of $48,550.00. Following the completion of the sale, the director now owns 54,970 shares of the company’s stock, valued at $1,067,517.40. This represents a 4.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO David Brainard sold 1,641 shares of the company’s stock in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of $20.22, for a total value of $33,181.02. Following the sale, the chief technology officer now directly owns 155,491 shares of the company’s stock, valued at $3,144,028.02. The trade was a 1.04 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,716 shares of company stock valued at $188,810. 29.79% of the stock is owned by corporate insiders.

EverQuote Price Performance

Shares of EVER opened at $18.06 on Friday. The company has a market capitalization of $638.44 million, a price-to-earnings ratio of 53.12 and a beta of 0.96. EverQuote, Inc. has a fifty-two week low of $10.21 and a fifty-two week high of $28.09. The business’s 50-day moving average is $18.86 and its 200-day moving average is $21.11.

EverQuote (NASDAQ:EVER) last issued its earnings results on Monday, November 4th. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.09. The company had revenue of $144.53 million for the quarter, compared to the consensus estimate of $140.30 million. EverQuote had a return on equity of 13.94% and a net margin of 3.31%. The firm’s quarterly revenue was up 162.7% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.40) EPS. Equities research analysts expect that EverQuote, Inc. will post 0.72 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have issued reports on EVER shares. JPMorgan Chase & Co. cut their price objective on EverQuote from $34.00 to $28.00 and set an “overweight” rating on the stock in a report on Tuesday, November 5th. B. Riley cut their price objective on EverQuote from $36.50 to $29.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $31.60.

About EverQuote

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.