Barclays PLC Has $1.35 Million Stock Position in EverQuote, Inc. (NASDAQ:EVER)

Barclays PLC boosted its holdings in EverQuote, Inc. (NASDAQ:EVER) by 32.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 67,305 shares of the company’s stock after buying an additional 16,322 shares during the quarter. Barclays PLC owned approximately 0.19% of EverQuote worth $1,346,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. R Squared Ltd acquired a new stake in shares of EverQuote in the 4th quarter valued at approximately $34,000. Asset Management One Co. Ltd. lifted its stake in EverQuote by 80.4% in the 4th quarter. Asset Management One Co. Ltd. now owns 4,582 shares of the company’s stock valued at $90,000 after purchasing an additional 2,042 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in EverQuote in the 4th quarter valued at approximately $90,000. AlphaQuest LLC boosted its position in EverQuote by 53.9% in the fourth quarter. AlphaQuest LLC now owns 7,704 shares of the company’s stock valued at $154,000 after buying an additional 2,698 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of EverQuote during the fourth quarter worth $205,000. Institutional investors own 91.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on EVER shares. JPMorgan Chase & Co. increased their price target on EverQuote from $25.00 to $29.00 and gave the company an “overweight” rating in a research note on Tuesday, February 25th. Needham & Company LLC increased their target price on EverQuote from $30.00 to $38.00 and gave the company a “buy” rating in a research report on Tuesday, February 25th. Finally, Canaccord Genuity Group reduced their price target on EverQuote from $35.00 to $30.00 and set a “buy” rating on the stock in a report on Monday, February 24th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, EverQuote has a consensus rating of “Buy” and an average price target of $32.33.

Insider Buying and Selling

In other EverQuote news, major shareholder Ventures Lllp Link sold 1,022 shares of EverQuote stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $28.75, for a total value of $29,382.50. Following the completion of the sale, the insider now directly owns 3,498,667 shares in the company, valued at approximately $100,586,676.25. The trade was a 0.03 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John L. Shields sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, April 14th. The shares were sold at an average price of $20.93, for a total value of $41,860.00. Following the completion of the transaction, the director now directly owns 26,515 shares in the company, valued at approximately $554,958.95. This trade represents a 7.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 193,967 shares of company stock valued at $5,278,231 over the last quarter. Insiders own 29.79% of the company’s stock.

EverQuote Trading Up 1.9 %

Shares of EVER opened at $26.71 on Friday. The stock’s 50-day moving average price is $24.71 and its two-hundred day moving average price is $21.18. EverQuote, Inc. has a 12 month low of $16.63 and a 12 month high of $30.03. The company has a market capitalization of $954.19 million, a PE ratio of 78.56 and a beta of 0.77.

EverQuote (NASDAQ:EVER) last posted its quarterly earnings data on Monday, February 24th. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.18. The company had revenue of $147.46 million for the quarter, compared to analyst estimates of $133.83 million. EverQuote had a return on equity of 13.94% and a net margin of 3.31%. Equities research analysts predict that EverQuote, Inc. will post 0.72 EPS for the current fiscal 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.