Pallas Capital Advisors LLC Takes Position in EverQuote, Inc. $EVER

Pallas Capital Advisors LLC bought a new position in EverQuote, Inc. (NASDAQ:EVER) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 9,196 shares of the company’s stock, valued at approximately $222,000.

Several other institutional investors and hedge funds have also bought and sold shares of EVER. Jane Street Group LLC increased its holdings in shares of EverQuote by 88.7% in the fourth quarter. Jane Street Group LLC now owns 12,081 shares of the company’s stock worth $241,000 after purchasing an additional 5,678 shares during the period. Deutsche Bank AG grew its position in EverQuote by 27.0% during the fourth quarter. Deutsche Bank AG now owns 35,259 shares of the company’s stock worth $705,000 after buying an additional 7,499 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in EverQuote by 4.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,383 shares of the company’s stock worth $288,000 after buying an additional 608 shares in the last quarter. Nuveen Asset Management LLC grew its position in EverQuote by 16.4% during the fourth quarter. Nuveen Asset Management LLC now owns 424,410 shares of the company’s stock worth $8,484,000 after buying an additional 59,825 shares in the last quarter. Finally, Two Sigma Investments LP boosted its position in shares of EverQuote by 258.2% during the 4th quarter. Two Sigma Investments LP now owns 177,843 shares of the company’s stock valued at $3,555,000 after acquiring an additional 128,194 shares during the last quarter. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other EverQuote news, Director John L. Shields sold 2,000 shares of the business’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $24.00, for a total value of $48,000.00. Following the completion of the sale, the director directly owned 29,219 shares of the company’s stock, valued at $701,256. The trade was a 6.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CTO David Brainard sold 1,291 shares of EverQuote stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $23.50, for a total value of $30,338.50. Following the completion of the transaction, the chief technology officer owned 126,220 shares in the company, valued at approximately $2,966,170. This represents a 1.01% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 944,890 shares of company stock worth $22,072,997 in the last ninety days. 25.52% of the stock is currently owned by insiders.

EverQuote Stock Down 2.5%

Shares of EVER stock opened at $24.85 on Tuesday. The business has a 50-day moving average price of $24.14 and a two-hundred day moving average price of $24.26. EverQuote, Inc. has a 12-month low of $16.63 and a 12-month high of $30.03. The firm has a market cap of $907.27 million, a P/E ratio of 20.04 and a beta of 0.54.

EverQuote (NASDAQ:EVER) last announced its quarterly earnings data 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 company had revenue of $156.63 million for the quarter, compared to analysts’ expectations of $157.19 million. EverQuote had a return on equity of 36.90% and a net margin of 7.57%.EverQuote’s revenue for the quarter was up 33.7% compared to the same quarter last year. During the same period last year, the firm posted $0.17 EPS. EverQuote has set its Q3 2025 guidance at EPS. As a group, research analysts expect that EverQuote, Inc. will post 0.72 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Needham & Company LLC reiterated a “buy” rating and set a $38.00 price target on shares of EverQuote in a research report on Tuesday, August 5th. One analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company’s stock. According to MarketBeat, EverQuote has a consensus rating of “Buy” and a consensus price target of $32.40.

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.