EverQuote, Inc. $EVER Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. cut its stake in EverQuote, Inc. (NASDAQ:EVER) by 1.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,995,179 shares of the company’s stock after selling 21,533 shares during the period. Vanguard Group Inc. owned approximately 5.58% of EverQuote worth $52,254,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of EVER. Legal & General Group Plc boosted its position in shares of EverQuote by 4.8% in the fourth quarter. Legal & General Group Plc now owns 21,985 shares of the company’s stock worth $439,000 after acquiring an additional 1,012 shares during the last quarter. Barclays PLC boosted its position in shares of EverQuote by 32.0% in the fourth quarter. Barclays PLC now owns 67,305 shares of the company’s stock worth $1,346,000 after acquiring an additional 16,322 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in EverQuote by 13.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 297,801 shares of the company’s stock valued at $5,953,000 after buying an additional 35,152 shares during the period. Tower Research Capital LLC TRC raised its holdings in EverQuote by 23.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 8,968 shares of the company’s stock valued at $179,000 after buying an additional 1,724 shares during the period. Finally, Hsbc Holdings PLC raised its holdings in EverQuote by 37.1% in the fourth quarter. Hsbc Holdings PLC now owns 29,363 shares of the company’s stock valued at $578,000 after buying an additional 7,944 shares during the period. 91.54% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at EverQuote

In other news, major shareholder Ventures Lllp Link sold 900,000 shares of the firm’s stock in a transaction that occurred on Sunday, August 10th. The shares were sold at an average price of $23.33, for a total transaction of $20,997,000.00. Following the completion of the sale, the insider owned 2,598,154 shares of the company’s stock, valued at approximately $60,614,932.82. This trade represents a 25.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jayme Mendal sold 14,360 shares of EverQuote stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $22.86, for a total transaction of $328,269.60. Following the completion of the transaction, the chief executive officer directly owned 512,780 shares of the company’s stock, valued at approximately $11,722,150.80. This represents a 2.72% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 954,523 shares of company stock valued at $22,308,410. Corporate insiders own 25.52% of the company’s stock.

Analyst Ratings Changes

EVER has been the topic of several research reports. JPMorgan Chase & Co. raised their price target on shares of EverQuote from $29.00 to $30.00 and gave the company an “overweight” rating in a report on Tuesday, May 6th. Needham & Company LLC restated a “buy” rating and issued a $38.00 price target on shares of EverQuote in a report on Tuesday, August 5th. One analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $32.40.

EverQuote Stock Down 0.7%

EVER opened at $23.21 on Tuesday. The firm has a market capitalization of $847.40 million, a P/E ratio of 18.72 and a beta of 0.37. The firm’s 50 day moving average is $24.30 and its 200-day moving average is $24.19. EverQuote, Inc. has a 52-week low of $16.63 and a 52-week high of $30.03.

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

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.