Russell Investments Group Ltd. Acquires 54,741 Shares of EverQuote, Inc. $EVER

Russell Investments Group Ltd. raised its holdings in EverQuote, Inc. (NASDAQ:EVER) by 358.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,000 shares of the company’s stock after purchasing an additional 54,741 shares during the quarter. Russell Investments Group Ltd. owned 0.20% of EverQuote worth $1,837,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of EVER. Divisadero Street Capital Management LP bought a new position in EverQuote in the 4th quarter valued at $12,311,000. Nuveen LLC bought a new position in EverQuote in the 1st quarter valued at $15,363,000. Freestone Grove Partners LP bought a new position in EverQuote in the 4th quarter valued at $11,618,000. Emerald Advisers LLC bought a new position in EverQuote in the 1st quarter valued at $11,621,000. Finally, Point72 Asset Management L.P. grew its stake in EverQuote by 2,301.4% in the 4th quarter. Point72 Asset Management L.P. now owns 461,013 shares of the company’s stock valued at $9,216,000 after purchasing an additional 441,815 shares during the period. Institutional investors own 91.54% of the company’s stock.

EverQuote Stock Performance

Shares of EVER opened at $23.48 on Wednesday. The business has a 50-day moving average of $24.28 and a 200 day moving average of $24.19. EverQuote, Inc. has a fifty-two week low of $16.63 and a fifty-two week high of $30.03. The firm has a market cap of $857.25 million, a P/E ratio of 18.94 and a beta of 0.37.

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

Wall Street Analyst Weigh In

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

Insider Buying and Selling at EverQuote

In other EverQuote news, General Counsel Julia Brncic sold 1,808 shares of EverQuote stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $24.31, for a total transaction of $43,952.48. Following the completion of the transaction, the general counsel owned 123,397 shares of the company’s stock, valued at $2,999,781.07. The trade was a 1.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Jayme Mendal sold 14,360 shares of EverQuote stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $22.86, for a total value of $328,269.60. Following the transaction, the chief executive officer directly owned 512,780 shares of the company’s stock, valued at $11,722,150.80. The trade was a 2.72% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 954,523 shares of company stock worth $22,308,410. 25.52% of the stock is owned by corporate insiders.

EverQuote 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.