Rhumbline Advisers Has $747,000 Stock Holdings in EverQuote, Inc. (NASDAQ:EVER)

Rhumbline Advisers lifted its holdings in shares of EverQuote, Inc. (NASDAQ:EVER) by 18.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,793 shares of the company’s stock after buying an additional 5,534 shares during the period. Rhumbline Advisers owned about 0.10% of EverQuote worth $747,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. CWM LLC boosted its stake in shares of EverQuote by 133.2% during the 2nd quarter. CWM LLC now owns 1,861 shares of the company’s stock worth $39,000 after buying an additional 1,063 shares during the last quarter. nVerses Capital LLC acquired a new position in shares of EverQuote during the 2nd quarter worth about $35,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of EverQuote during the 2nd quarter worth about $147,000. Calamos Advisors LLC boosted its stake in shares of EverQuote by 9.5% during the 2nd quarter. Calamos Advisors LLC now owns 96,087 shares of the company’s stock worth $2,004,000 after buying an additional 8,376 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System acquired a new position in shares of EverQuote during the 1st quarter worth about $211,000. 91.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at EverQuote

In other EverQuote news, CTO David Brainard sold 3,164 shares of the stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $22.02, for a total value of $69,671.28. Following the transaction, the chief technology officer now directly owns 160,986 shares of the company’s stock, valued at approximately $3,544,911.72. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, CAO Jon Ayotte sold 3,199 shares of the firm’s stock in a transaction that occurred on Friday, July 19th. The shares were sold at an average price of $25.00, for a total transaction of $79,975.00. Following the transaction, the chief accounting officer now directly owns 48,650 shares of the company’s stock, valued at $1,216,250. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO David Brainard sold 3,164 shares of the firm’s stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $22.02, for a total transaction of $69,671.28. Following the transaction, the chief technology officer now directly owns 160,986 shares in the company, valued at $3,544,911.72. The disclosure for this sale can be found here. Insiders have sold a total of 133,998 shares of company stock valued at $3,356,708 in the last three months. 29.79% of the stock is currently owned by company insiders.

Analyst Ratings Changes

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

EverQuote Stock Down 4.8 %

EverQuote stock opened at $21.23 on Tuesday. The stock has a market cap of $737.21 million, a P/E ratio of -15.06 and a beta of 1.04. EverQuote, Inc. has a twelve month low of $6.52 and a twelve month high of $28.09. The company’s 50-day moving average price is $23.30 and its two-hundred day moving average price is $21.59.

EverQuote (NASDAQ:EVER) last released its quarterly earnings results 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. The firm had revenue of $117.14 million for the quarter, compared to analysts’ expectations of $102.81 million. EverQuote had a negative net margin of 8.55% and a negative return on equity of 13.24%. The business’s revenue was up 72.3% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.31) EPS. Equities analysts anticipate that EverQuote, Inc. will post 0.57 earnings per share for the current fiscal 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.