EverQuote, Inc. (NASDAQ:EVER) Shares Purchased by Barclays PLC

Barclays PLC raised its stake in EverQuote, Inc. (NASDAQ:EVER) by 331.2% during the third quarter, HoldingsChannel reports. The institutional investor owned 50,983 shares of the company’s stock after purchasing an additional 39,160 shares during the quarter. Barclays PLC’s holdings in EverQuote were worth $1,076,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of EVER. Gladius Capital Management LP acquired a new position in EverQuote during the third quarter worth $26,000. Quarry LP lifted its stake in EverQuote by 215.5% during the 2nd quarter. Quarry LP now owns 1,442 shares of the company’s stock worth $30,000 after acquiring an additional 985 shares in the last quarter. nVerses Capital LLC acquired a new position in EverQuote during the 2nd quarter worth about $35,000. Quantbot Technologies LP boosted its holdings in EverQuote by 115.1% during the 3rd quarter. Quantbot Technologies LP now owns 3,502 shares of the company’s stock valued at $74,000 after acquiring an additional 1,874 shares during the period. Finally, Meeder Asset Management Inc. acquired a new position in EverQuote in the 2nd quarter valued at about $76,000. Institutional investors and hedge funds own 91.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on EVER. JPMorgan Chase & Co. reduced their price target on shares of EverQuote from $34.00 to $28.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 5th. Raymond James upgraded shares of EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 target price on the stock in a report on Thursday, December 26th. Finally, B. Riley dropped their price target on shares of EverQuote from $36.50 to $29.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, EverQuote presently has an average rating of “Buy” and a consensus target price of $32.17.

Insider Buying and Selling

In other EverQuote news, Director George R. Neble sold 2,500 shares of the business’s stock in a transaction on Thursday, October 10th. The shares were sold at an average price of $19.42, for a total value of $48,550.00. Following the transaction, the director now directly owns 54,970 shares of the company’s stock, valued at approximately $1,067,517.40. The trade was a 4.35 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CTO David Brainard sold 1,641 shares of the firm’s stock in a transaction on Wednesday, October 2nd. The stock was sold at an average price of $20.22, for a total transaction of $33,181.02. Following the completion of the sale, the chief technology officer now owns 155,491 shares of the company’s stock, valued at $3,144,028.02. This trade represents a 1.04 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 53,554 shares of company stock worth $1,026,172 in the last 90 days. Company insiders own 29.79% of the company’s stock.

EverQuote Trading Up 0.1 %

Shares of NASDAQ:EVER opened at $19.69 on Tuesday. The company has a market cap of $696.06 million, a PE ratio of 57.91 and a beta of 0.96. The company’s 50 day moving average is $18.53 and its two-hundred day moving average is $20.77. EverQuote, Inc. has a 52 week low of $10.21 and a 52 week high of $28.09.

EverQuote (NASDAQ:EVER) last announced its quarterly earnings results on Monday, November 4th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.22 by $0.09. The firm had revenue of $144.53 million for the quarter, compared to analyst estimates of $140.30 million. EverQuote had a net margin of 3.31% and a return on equity of 13.94%. EverQuote’s revenue for the quarter was up 162.7% compared to the same quarter last year. During the same period last year, the business earned ($0.40) EPS. As a group, equities research analysts expect that EverQuote, Inc. will post 0.72 EPS for the current year.

EverQuote Company 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.