EverQuote, Inc. $EVER Shares Sold by MBL Wealth LLC

MBL Wealth LLC lessened its stake in shares of EverQuote, Inc. (NASDAQ:EVER) by 7.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,000 shares of the company’s stock after selling 2,765 shares during the quarter. MBL Wealth LLC’s holdings in EverQuote were worth $798,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. FNY Investment Advisers LLC acquired a new position in EverQuote in the 1st quarter valued at $157,000. Arizona State Retirement System purchased a new stake in shares of EverQuote in the first quarter valued at about $202,000. Linden Thomas Advisory Services LLC acquired a new position in shares of EverQuote during the first quarter worth about $216,000. Pallas Capital Advisors LLC acquired a new position in shares of EverQuote during the second quarter worth about $222,000. Finally, Cornerstone Investment Partners LLC purchased a new position in EverQuote during the first quarter worth about $225,000. 91.54% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other EverQuote news, major shareholder Ventures Lllp Link sold 900,000 shares of EverQuote stock in a transaction dated Sunday, August 10th. The stock was sold at an average price of $23.33, for a total value of $20,997,000.00. Following the completion of the sale, the insider owned 2,598,154 shares in the company, valued at $60,614,932.82. The trade was a 25.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director John L. Shields sold 2,000 shares of the company’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $24.00, for a total transaction of $48,000.00. Following the transaction, the director directly owned 29,219 shares of the company’s stock, valued at approximately $701,256. This represents a 6.41% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 959,250 shares of company stock valued at $22,422,920. 25.52% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

EVER has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of EverQuote in a report on Saturday, September 27th. Wall Street Zen downgraded EverQuote from a “strong-buy” rating to a “buy” rating in a research note on Friday. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $38.00 price objective on shares of EverQuote in a report on Tuesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $32.40.

EverQuote Price Performance

NASDAQ:EVER opened at $22.27 on Friday. The firm has a market cap of $813.08 million, a PE ratio of 17.96 and a beta of 0.58. The firm has a 50 day simple moving average of $23.75 and a 200-day simple moving average of $24.06. EverQuote, Inc. has a 1-year low of $16.63 and a 1-year high of $30.03.

EverQuote (NASDAQ:EVER) last announced its earnings results on Monday, August 4th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. The firm 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%. EverQuote’s revenue was up 33.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.17 earnings per share. EverQuote has set its Q3 2025 guidance at EPS. As a group, sell-side 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.