EverQuote, Inc. (NASDAQ:EVER) General Counsel Julia Brncic Sells 740 Shares

EverQuote, Inc. (NASDAQ:EVER) General Counsel Julia Brncic sold 740 shares of EverQuote stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $22.22, for a total transaction of $16,442.80. Following the transaction, the general counsel now owns 142,496 shares of the company’s stock, valued at $3,166,261.12. This represents a 0.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

EverQuote Trading Up 3.3 %

EVER stock opened at $22.54 on Thursday. The firm has a 50 day moving average of $19.55 and a 200-day moving average of $20.17. The firm has a market capitalization of $796.79 million, a P/E ratio of 66.29 and a beta of 0.96. EverQuote, Inc. has a 12 month low of $14.28 and a 12 month high of $28.09.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of EverQuote by 4.4% in the 4th 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 during the last quarter. nVerses Capital LLC increased its stake in shares of EverQuote by 41.2% in the third quarter. nVerses Capital LLC now owns 2,400 shares of the company’s stock worth $51,000 after buying an additional 700 shares during the period. Corton Capital Inc. increased its position in shares of EverQuote by 3.4% in the fourth quarter. Corton Capital Inc. now owns 21,592 shares of the company’s stock valued at $432,000 after acquiring an additional 714 shares during the period. Legal & General Group Plc increased its holdings in EverQuote by 4.8% during the 4th quarter. Legal & General Group Plc now owns 21,985 shares of the company’s stock valued at $439,000 after purchasing an additional 1,012 shares during the period. Finally, Gladius Capital Management LP purchased a new position in shares of EverQuote during the third quarter valued at approximately $26,000. 91.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Raymond James raised EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 target price on the stock in a research report on Thursday, December 26th. JPMorgan Chase & Co. reduced their target price on shares of EverQuote from $28.00 to $25.00 and set an “overweight” rating for the company in a research report on Friday, January 10th. Finally, B. Riley cut their price target on EverQuote from $36.50 to $29.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Five equities research 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.com, the stock currently has an average rating of “Buy” and a consensus price target of $31.67.

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.