EverQuote, Inc. (NASDAQ:EVER) Stake Raised by Cwm LLC

Cwm LLC raised its holdings in shares of EverQuote, Inc. (NASDAQ:EVER) by 143.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 4,522 shares of the company’s stock after purchasing an additional 2,661 shares during the period. Cwm LLC’s holdings in EverQuote were worth $95,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Driehaus Capital Management LLC grew its stake in shares of EverQuote by 9.1% in the 2nd quarter. Driehaus Capital Management LLC now owns 2,036,361 shares of the company’s stock valued at $42,478,000 after buying an additional 169,333 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of EverQuote by 2.7% in the 1st quarter. Vanguard Group Inc. now owns 1,157,714 shares of the company’s stock valued at $21,487,000 after buying an additional 30,577 shares in the last quarter. First Eagle Investment Management LLC grew its stake in shares of EverQuote by 3.6% in the 1st quarter. First Eagle Investment Management LLC now owns 532,138 shares of the company’s stock valued at $9,876,000 after buying an additional 18,523 shares in the last quarter. Acadian Asset Management LLC grew its stake in shares of EverQuote by 62.6% in the 2nd quarter. Acadian Asset Management LLC now owns 517,331 shares of the company’s stock valued at $10,786,000 after buying an additional 199,187 shares in the last quarter. Finally, Marshall Wace LLP grew its stake in shares of EverQuote by 18.2% in the 2nd quarter. Marshall Wace LLP now owns 464,826 shares of the company’s stock valued at $9,696,000 after buying an additional 71,491 shares in the last quarter. Institutional investors own 91.54% of the company’s stock.

Insider Transactions at EverQuote

In other news, Director David B. Blundin sold 3,255 shares of the company’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $26.81, for a total transaction of $87,266.55. Following the completion of the transaction, the director now directly owns 264,273 shares in the company, valued at $7,085,159.13. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director David B. Blundin sold 3,255 shares of the company’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $26.81, for a total transaction of $87,266.55. Following the completion of the transaction, the director now directly owns 264,273 shares in the company, valued at $7,085,159.13. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director George R. Neble sold 2,500 shares of the company’s stock in a transaction that occurred 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 transaction, the director now owns 54,970 shares of the company’s stock, valued at approximately $1,067,517.40. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 97,303 shares of company stock worth $2,516,083 over the last three months. 29.79% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on EVER shares. JPMorgan Chase & Co. boosted 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. Craig Hallum boosted 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, Needham & Company LLC boosted their target price on EverQuote from $30.00 to $38.00 and gave the stock a “buy” rating in a report on Tuesday, August 6th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $29.58.

EverQuote Stock Performance

EVER opened at $17.77 on Friday. The business has a 50 day moving average price of $21.15 and a 200 day moving average price of $21.83. EverQuote, Inc. has a twelve month low of $6.64 and a twelve month high of $28.09.

EverQuote (NASDAQ:EVER) last posted its earnings results on Monday, August 5th. The company reported $0.17 earnings per share for the quarter, topping 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 firm had revenue of $117.14 million during the quarter, compared to analyst estimates of $102.81 million. During the same period in the previous year, the company earned ($0.31) EPS. The company’s revenue for the quarter was up 72.3% on a year-over-year basis. On average, research analysts expect that EverQuote, Inc. will post 0.57 earnings per share for the current fiscal 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.