2 weeks Ago By Defense World Staff
Sei Investments Co. cut its position in EverQuote, Inc. (NASDAQ:EVER – Free Report) by 14.
4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 124,763 shares of the company’s stock after selling 20,953 shares during the quarter. Sei Investments Co.
owned approximately 0.35% of EverQuote worth $2,494,000 at the end of the most recent quarter. A number of other hedge funds have also recently added to or reduced their stakes in the company.
JPMorgan Chase & Co. raised its stake in shares of EverQuote by 3,022.8% during the third quarter.
JPMorgan Chase & Co. now owns 385,629 shares of the company’s stock worth $8,133,000 after purchasing an additional 373,280 shares during the last quarter. Boston Partners acquired a new stake in shares of EverQuote in the 4th quarter worth $3,668,000.
Charles Schwab Investment Management Inc. boosted its holdings in shares of EverQuote by 255.2% in the third quarter.
Charles Schwab Investment Management Inc. now owns 240,482 shares of the company’s stock valued at $5,072,000 after acquiring an additional 172,785 shares in the last quarter. Monimus Capital Management LP acquired a new position in shares of EverQuote during the fourth quarter worth about $2,140,000.
Finally, Los Angeles Capital Management LLC increased its stake in shares of EverQuote by 183.7% during the fourth quarter. Los Angeles Capital Management LLC now owns 164,466 shares of the company’s stock worth $3,288,000 after acquiring an additional 106,492 shares during the period.
Hedge funds and other institutional investors own 91.54% of the company’s stock. Insider Buying and SellingIn other news, CTO David Brainard sold 3,675 shares of the stock in a transaction dated Monday, January 6th.
The stock was sold at an average price of $19.52, for a total transaction of $71,736.00.
Following the transaction, the chief technology officer now owns 108,244 shares of the company’s stock, valued at approximately $2,112,922.88. This represents a 3.
28 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder Ventures Lllp Link sold 1,022 shares of the business’s stock in a transaction on Monday, March 24th.
The stock was sold at an average price of $28.75, for a total transaction of $29,382.50.
Following the completion of the sale, the insider now owns 3,498,667 shares of the company’s stock, valued at $100,586,676.25. The trade was a 0.
03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 181,611 shares of company stock worth $4,995,818.
29.79% of the stock is owned by company insiders. Analyst Ratings ChangesA number of analysts recently commented on EVER shares.
JPMorgan Chase & Co. boosted their price objective on shares of EverQuote from $25.00 to $29.
00 and gave the stock an “overweight” rating in a report on Tuesday, February 25th. Raymond James raised EverQuote from an “outperform” rating to a “strong-buy” rating and set a $35.00 price objective for the company in a research note on Thursday, December 26th.
Needham & Company LLC boosted their target price on EverQuote from $30.00 to $38.00 and gave the stock a “buy” rating in a research report on Tuesday, February 25th.
Finally, Canaccord Genuity Group dropped their price target on EverQuote from $35.00 to $30.00 and set a “buy” rating for the company in a research report on Monday, February 24th.
Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, EverQuote currently has a consensus rating of “Buy” and an average target price of $32.
33.View Our Latest Stock Analysis on EverQuoteEverQuote Stock PerformanceEVER stock opened at $21.66 on Friday.
EverQuote, Inc. has a 1 year low of $16.63 and a 1 year high of $30.
03. The stock has a market capitalization of $773.78 million, a price-to-earnings ratio of 63.
71 and a beta of 0.77. The stock’s fifty day moving average is $24.
29 and its two-hundred day moving average is $20.93. EverQuote (NASDAQ:EVER – Get Free Report) last announced its earnings results on Monday, February 24th.
The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.
18. The firm had revenue of $147.46 million for the quarter, compared to the consensus estimate of $133.
83 million. EverQuote had a return on equity of 13.94% and a net margin of 3.
31%. As a group, analysts predict that EverQuote, Inc. will post 0.
72 EPS for the current fiscal year. About EverQuote (Free Report)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.Further ReadingFive stocks we like better than EverQuoteWhat is the Dow Jones Industrial Average (DJIA)?Archer Aviation’s Africa Deal Could Boost ACHR Stock10 Best Airline Stocks to BuyAre Short Sellers Wrong About These 3 Semiconductor Stocks?Financial Services Stocks InvestingBoeing Gets $50B in March Orders—Is BA Stock a Buy Now?Want to see what other hedge funds are holding EVER? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for EverQuote, Inc. (NASDAQ:EVER – Free Report)..
