EverQuote (NASDAQ:EVER) Stock: Insider David Brainard Sells 2,626 Shares

EverQuote, Inc. (NASDAQ:EVER) CTO David Brainard sold 2,626 shares of the company’s stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of $19.90, for a total transaction of $52,257.40. Following the completion of the transaction, the chief technology officer directly owned 150,178 shares of the company’s stock, valued at approximately $2,988,542.20. The trade was a 1.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

David Brainard also recently made the following trade(s):

• On Tuesday, October 6th, David Brainard sold 2,334 shares of EverQuote stock. The stock was sold at an average price of $19.48, for a total value of $45,466.32.
• On Tuesday, August 25th, David Brainard sold 1,097 shares of EverQuote stock. The shares were sold at an average price of $26.47, for a total value of $29,037.59.

EverQuote Stock Down 4.5%

Shares of NASDAQ EVER opened at $19.80 on Friday. EverQuote, Inc. has a fifty-two week low of $13.88 and a fifty-two week high of $28.73. The business has a 50 day moving average price of $23.11 and a two-hundred day moving average price of $21.09. The firm has a market cap of $713.39 million, a PE ratio of 6.43 and a beta of 0.68.

EverQuote (NASDAQ:EVER) last released its earnings results on Monday, August 3rd. The company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.52 by $0.01. EverQuote had a return on equity of 50.29% and a net margin of 15.16%. The company had revenue of $195.09 million during the quarter, compared to analysts’ expectations of $191.06 million. During the same period in the prior year, the business posted $0.39 EPS. The business’s revenue was up 24.6% on a year-over-year basis. On average, analysts anticipate that EverQuote, Inc. will post 1.72 earnings per share for the current year.

Institutional Trading of EverQuote

Large investors have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC bought a new stake in shares of EverQuote during the second quarter valued at about $55,000. IFP Advisors Inc lifted its stake in shares of EverQuote by 100.1% in the 2nd quarter. IFP Advisors Inc now owns 3,219 shares of the company’s stock worth $77,000 after acquiring an additional 1,610 shares during the period. Squarepoint Ops LLC acquired a new stake in shares of EverQuote in the 2nd quarter worth approximately $2,889,000. Allworth Financial LP boosted its holdings in shares of EverQuote by 63.7% in the second quarter. Allworth Financial LP now owns 2,562 shares of the company’s stock valued at $61,000 after acquiring an additional 997 shares in the last quarter. Finally, Corient Private Wealth LP boosted its holdings in shares of EverQuote by 85.4% in the second quarter. Corient Private Wealth LP now owns 79,174 shares of the company’s stock valued at $1,884,000 after acquiring an additional 36,461 shares in the last quarter. 91.54% of the stock is currently owned by institutional investors and hedge funds.

EverQuote News Summary

Here are the key news stories impacting EverQuote this week:

• Positive Sentiment: EverQuote published a white paper on how personal AI agents could reshape property and casualty insurance distribution. The report highlights the company’s AI, data and insurance-market expertise and could support its positioning as a strategic partner for insurers adapting to AI-driven customer acquisition. EverQuote Releases New White Paper Addressing Personal AI Agents and the Future of P&C Insurance Distribution
• Neutral Sentiment: Reported short-interest data shows zero shares sold short and a 0.0-day short-interest ratio, which would indicate little conventional short-selling pressure. However, the accompanying claim of a “significant increase” conflicts with the reported zero balance, making the data difficult to interpret as a trading catalyst.
• Negative Sentiment: EverQuote CTO David Brainard sold 2,334 shares for approximately $45,466 on October 6 and another 2,626 shares for about $52,257 on October 8. Chief Accounting Officer Jon Ayotte also sold 441 shares for roughly $8,591. The transactions were relatively small compared with their remaining holdings, but repeated executive selling—and the absence of reported insider purchases—can weaken investor confidence. EverQuote CTO David Brainard Sells Shares
• Negative Sentiment: Recent trading disclosures indicate 24 insider sales and no insider purchases over the past six months. Although some sales may occur under prearranged Rule 10b5-1 plans, the persistent one-sided pattern is a negative signal for near-term sentiment.

Analysts Set New Price Targets

Several brokerages recently issued reports on EVER. Wall Street Zen cut EverQuote from a “buy” rating to a “hold” rating in a research note on Sunday, September 20th. Needham & Company LLC boosted their price objective on EverQuote from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. JPMorgan Chase & Co. assumed coverage on EverQuote in a research note on Monday, August 24th. They set an “overweight” rating and a $29.00 price objective for the company. Zacks Research upgraded EverQuote from a “strong sell” rating to a “hold” rating in a research note on Friday, October 2nd. Finally, Raymond James Financial reissued an “outperform” rating and set a $28.00 price target on shares of EverQuote in a report on Thursday, August 13th. Six research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, EverQuote currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.17.

EverQuote Company Profile

EverQuote, Inc operates an online marketplace that helps consumers compare insurance options and connect with insurance providers. Its platform uses data, digital marketing and technology to match consumers seeking coverage with insurers and other insurance-related providers.

The company has primarily focused on auto insurance, while also supporting shopping and customer acquisition activities for additional property and casualty insurance products, including home and renters coverage.