AQR Capital Management LLC Has $4.27 Million Stock Holdings in EverQuote, Inc. (NASDAQ:EVER)

AQR Capital Management LLC increased its position in EverQuote, Inc. (NASDAQ:EVER) by 285.7% in the second quarter, Holdings Channel.com reports. The firm owned 204,835 shares of the company’s stock after acquiring an additional 151,723 shares during the period. AQR Capital Management LLC’s holdings in EverQuote were worth $4,273,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. nVerses Capital LLC bought a new position in shares of EverQuote in the 2nd quarter valued at about $35,000. CWM LLC boosted its stake in EverQuote by 133.2% in the second quarter. CWM LLC now owns 1,861 shares of the company’s stock valued at $39,000 after acquiring an additional 1,063 shares during the last quarter. Meeder Asset Management Inc. bought a new position in EverQuote in the second quarter valued at approximately $76,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in EverQuote during the 2nd quarter worth $147,000. Finally, State Board of Administration of Florida Retirement System bought a new stake in shares of EverQuote during the 1st quarter valued at $211,000. 91.54% of the stock is owned by institutional investors.

Insider Buying and Selling at EverQuote

In other news, Director Mira Wilczek sold 5,000 shares of the stock in a transaction on Tuesday, July 9th. The shares were sold at an average price of $22.31, for a total transaction of $111,550.00. Following the completion of the sale, the director now owns 94,544 shares of the company’s stock, valued at $2,109,276.64. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other EverQuote news, major shareholder Ventures Lllp Link sold 7,680 shares of the business’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $27.08, for a total value of $207,974.40. Following the sale, the insider now owns 3,510,721 shares in the company, valued at approximately $95,070,324.68. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Mira Wilczek sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 9th. The stock was sold at an average price of $22.31, for a total value of $111,550.00. Following the transaction, the director now directly owns 94,544 shares of the company’s stock, valued at approximately $2,109,276.64. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 114,029 shares of company stock valued at $2,940,633. 29.79% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

EVER has been the topic of several recent research reports. Needham & Company LLC raised their price target on EverQuote from $30.00 to $38.00 and gave the stock a “buy” rating in a research report on Tuesday, August 6th. Craig Hallum raised their target price on EverQuote from $30.00 to $33.00 and gave the stock a “buy” rating in a report on Tuesday, August 6th. Finally, JPMorgan Chase & Co. upped their price target on EverQuote from $29.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, August 6th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $29.58.

EverQuote Trading Up 2.2 %

EVER stock opened at $20.76 on Friday. EverQuote, Inc. has a 1-year low of $6.64 and a 1-year high of $28.09. The firm has a market cap of $720.89 million, a PE ratio of -14.72 and a beta of 1.04. The business’s 50-day moving average price is $22.57 and its two-hundred day moving average price is $21.73.

EverQuote (NASDAQ:EVER) last released its quarterly earnings data on Monday, August 5th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.14. EverQuote had a negative return on equity of 13.24% and a negative net margin of 8.55%. The business had revenue of $117.14 million for the quarter, compared to analysts’ expectations of $102.81 million. During the same quarter in the previous year, the business posted ($0.31) EPS. EverQuote’s revenue for the quarter was up 72.3% on a year-over-year basis. On average, analysts forecast that EverQuote, Inc. will post 0.57 earnings per share for the current year.

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.