BNP Paribas Financial Markets Has $413,000 Position in EverQuote, Inc. (NASDAQ:EVER)

BNP Paribas Financial Markets boosted its stake in shares of EverQuote, Inc. (NASDAQ:EVER) by 29.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 19,570 shares of the company’s stock after purchasing an additional 4,506 shares during the quarter. BNP Paribas Financial Markets’ holdings in EverQuote were worth $413,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Driehaus Capital Management LLC grew its holdings in shares of EverQuote by 9.1% during the second quarter. Driehaus Capital Management LLC now owns 2,036,361 shares of the company’s stock worth $42,478,000 after purchasing an additional 169,333 shares during the last quarter. Emerald Advisers LLC grew its holdings in shares of EverQuote by 165.8% during the third quarter. Emerald Advisers LLC now owns 640,032 shares of the company’s stock worth $13,498,000 after purchasing an additional 399,257 shares during the last quarter. Acadian Asset Management LLC boosted its holdings in EverQuote by 62.6% in the second quarter. Acadian Asset Management LLC now owns 517,331 shares of the company’s stock valued at $10,786,000 after acquiring an additional 199,187 shares during the last quarter. Emerald Mutual Fund Advisers Trust boosted its holdings in EverQuote by 572.1% in the third quarter. Emerald Mutual Fund Advisers Trust now owns 504,081 shares of the company’s stock valued at $10,631,000 after acquiring an additional 429,084 shares during the last quarter. Finally, Marshall Wace LLP boosted its holdings in EverQuote by 18.2% in the second quarter. Marshall Wace LLP now owns 464,826 shares of the company’s stock valued at $9,696,000 after acquiring an additional 71,491 shares during the last quarter. Institutional investors own 91.54% of the company’s stock.

EverQuote Stock Up 2.4 %

NASDAQ:EVER opened at $18.06 on Friday. The firm has a market capitalization of $638.44 million, a price-to-earnings ratio of 53.12 and a beta of 0.96. EverQuote, Inc. has a twelve month low of $10.21 and a twelve month high of $28.09. The stock’s 50 day moving average price is $18.86 and its two-hundred day moving average price is $21.11.

EverQuote (NASDAQ:EVER) last issued its 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. EverQuote had a return on equity of 13.94% and a net margin of 3.31%. The company had revenue of $144.53 million during the quarter, compared to the consensus estimate of $140.30 million. During the same period in the previous year, the company posted ($0.40) EPS. The firm’s revenue for the quarter was up 162.7% compared to the same quarter last year. As a group, analysts anticipate that EverQuote, Inc. will post 0.72 earnings per share for the current year.

Insider Transactions at EverQuote

In related news, Director George R. Neble sold 2,500 shares of the business’s stock in a transaction on Thursday, October 10th. The stock was sold at an average price of $19.42, for a total value of $48,550.00. Following the completion of the sale, the director now directly owns 54,970 shares in the company, valued at $1,067,517.40. The trade was a 4.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CTO David Brainard sold 1,641 shares of EverQuote stock in a transaction on Wednesday, October 2nd. The shares were sold at an average price of $20.22, for a total value of $33,181.02. Following the completion of the transaction, the chief technology officer now directly owns 155,491 shares of the company’s stock, valued at $3,144,028.02. This represents a 1.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 9,716 shares of company stock worth $188,810. 29.79% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts recently issued reports on EVER shares. JPMorgan Chase & Co. decreased their price target on EverQuote from $34.00 to $28.00 and set an “overweight” rating on the stock in a report on Tuesday, November 5th. B. Riley dropped their price target on EverQuote from $36.50 to $29.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, EverQuote currently has an average rating of “Buy” and an average price target of $31.60.

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.