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EverQuote, Inc. (NASDAQ:EVER – Get Rating) CFO John Brandon Wagner sold 12,500 shares of the company’s stock in a transaction dated Wednesday, January 18th. The stock was sold at an average price of $17.50, for a total value of $218,750.00. Following the sale, the chief financial officer now owns 278,324 shares of the company’s stock, valued at $4,870,670. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
John Brandon Wagner also recently made the following trade(s):
- On Monday, January 9th, John Brandon Wagner sold 12,000 shares of EverQuote stock. The stock was sold at an average price of $16.00, for a total value of $192,000.00.
- On Wednesday, December 21st, John Brandon Wagner sold 19,398 shares of EverQuote stock. The stock was sold at an average price of $14.69, for a total value of $284,956.62.
EverQuote Trading Down 2.5 %
NASDAQ EVER traded down $0.45 during mid-day trading on Friday, reaching $17.71. 557,411 shares of the company’s stock traded hands, compared to its average volume of 364,462. EverQuote, Inc. has a 1-year low of $5.23 and a 1-year high of $18.86. The company has a fifty day simple moving average of $12.98 and a 200-day simple moving average of $10.05. The company has a market cap of $569.47 million, a price-to-earnings ratio of -21.89 and a beta of 1.22.
EverQuote (NASDAQ:EVER – Get Rating) last issued its quarterly earnings data on Tuesday, November 1st. The company reported ($0.20) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.41) by $0.21. EverQuote had a negative return on equity of 24.34% and a negative net margin of 5.84%. The firm had revenue of $103.22 million during the quarter, compared to analyst estimates of $93.28 million. Equities research analysts forecast that EverQuote, Inc. will post -0.78 earnings per share for the current fiscal year.
Institutional Investors Weigh In On EverQuote
Hedge funds have recently bought and sold shares of the business. First Horizon Advisors Inc. acquired a new stake in EverQuote during the 2nd quarter valued at approximately $43,000. Allspring Global Investments Holdings LLC lifted its holdings in EverQuote by 588.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 6,895 shares of the company’s stock worth $47,000 after buying an additional 5,893 shares during the last quarter. Advisor Group Holdings Inc. lifted its holdings in EverQuote by 398.7% during the 1st quarter. Advisor Group Holdings Inc. now owns 2,992 shares of the company’s stock worth $48,000 after buying an additional 2,392 shares during the last quarter. Amalgamated Bank bought a new position in EverQuote during the 1st quarter worth approximately $52,000. Finally, Asset Management One Co. Ltd. lifted its holdings in EverQuote by 54.2% during the 2nd quarter. Asset Management One Co. Ltd. now owns 6,817 shares of the company’s stock worth $60,000 after buying an additional 2,396 shares during the last quarter. Institutional investors and hedge funds own 51.76% of the company’s stock.
Wall Street Analysts Forecast Growth
EVER has been the subject of several research analyst reports. B. Riley restated a “neutral” rating and set a $9.00 price target on shares of EverQuote in a research note on Thursday, September 22nd. Oppenheimer increased their target price on EverQuote from $8.00 to $22.00 and gave the company an “outperform” rating in a research note on Thursday. Needham & Company LLC increased their target price on EverQuote from $8.00 to $21.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. upgraded EverQuote from an “underweight” rating to an “overweight” rating and increased their target price for the company from $8.00 to $15.00 in a research note on Tuesday, December 20th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, EverQuote currently has an average rating of “Moderate Buy” and an average target price of $18.00.
About EverQuote
(Get Rating)
EverQuote, Inc operates as an online insurance marketplace connecting consumers with insurance providers. It offers car, home and life insurance. The firm’s data and technology platform matches and connects consumers seeking to purchase insurance with relevant options from its broad direct network of insurance providers.
Read More
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