EverQuote (NASDAQ:EVER) Stock: Insider Jayme Mendal Sells 20,981 Shares

EverQuote, Inc. (NASDAQ:EVER) CEO Jayme Mendal sold 20,981 shares of the stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $23.88, for a total transaction of $501,026.28. Following the completion of the sale, the chief executive officer directly owned 548,253 shares in the company, valued at approximately $13,092,281.64. The trade was a 3.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Jayme Mendal also recently made the following trade(s):

• On Thursday, October 1st, Jayme Mendal sold 20,980 shares of EverQuote stock. The stock was sold at an average price of $19.69, for a total transaction of $413,096.20.
• On Tuesday, September 15th, Jayme Mendal sold 20,981 shares of EverQuote stock. The shares were sold at an average price of $24.27, for a total transaction of $509,208.87.

EverQuote Price Performance

Shares of EVER opened at $30.32 on Friday. EverQuote, Inc. has a 1-year low of $13.88 and a 1-year high of $31.20. The stock has a market cap of $1.09 billion, a price-to-earnings ratio of 9.88 and a beta of 0.82. The firm has a 50 day simple moving average of $22.53 and a 200-day simple moving average of $20.60.

EverQuote (NASDAQ:EVER) last released its quarterly earnings results on Monday, November 2nd. The company reported $0.49 earnings per share for the quarter, hitting the consensus estimate of $0.49. The company had revenue of $218.08 million during the quarter, compared to the consensus estimate of $205.12 million. EverQuote had a return on equity of 46.01% and a net margin of 14.23%. EverQuote’s revenue was up 25.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.50 earnings per share. On average, equities analysts expect that EverQuote, Inc. will post 1.72 earnings per share for the current fiscal year.

Trending Headlines about EverQuote

Here are the key news stories impacting EverQuote this week:

• Positive Sentiment: EverQuote reported record third-quarter revenue of $218.1 million, up 25.4% year over year and ahead of estimates; earnings per share of $0.49 matched consensus. Coverage also highlighted a planned $50 million share buyback, which could support demand for the stock. EverQuote Q3 2026 earnings coverage
• Positive Sentiment: Analyst sentiment is favorable: B. Riley reaffirmed its Buy rating, while JPMorgan’s coverage points to potential appreciation. Recent analyst reports also include higher price targets and Buy or Overweight ratings. B. Riley rating JPMorgan price outlook
• Neutral Sentiment: Management plans to present at upcoming investor conferences and meet with investors. The announcement could provide an opportunity for updates but does not itself change the company’s outlook. Investor conference announcement
• Negative Sentiment: CEO Jayme Mendal sold 20,981 shares for about $501,000, reducing his direct stake by 3.69%. He still holds a substantial number of shares, but insider selling may weigh on sentiment. CEO stock sale report

Wall Street Analysts Forecast Growth

EVER has been the topic of a number of analyst reports. Raymond James Financial restated an “outperform” rating and set a $28.00 target price on shares of EverQuote in a research report on Thursday, August 13th. Citigroup reiterated a “buy” rating on shares of EverQuote in a report on Tuesday. Canaccord Genuity Group increased their price target on EverQuote from $28.00 to $32.00 and gave the stock a “buy” rating in a research note on Tuesday. Needham & Company LLC lifted their price objective on EverQuote from $30.00 to $35.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of EverQuote in a research report on Tuesday. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $30.00.

Institutional Trading of EverQuote

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Signature Equity Partners LLC grew its holdings in EverQuote by 65.5% during the 1st quarter. Signature Equity Partners LLC now owns 2,127 shares of the company’s stock worth $33,000 after acquiring an additional 842 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of EverQuote during the second quarter valued at approximately $55,000. Allworth Financial LP increased its position in EverQuote by 63.7% in the second quarter. Allworth Financial LP now owns 2,562 shares of the company’s stock worth $61,000 after buying an additional 997 shares during the period. IFP Advisors Inc increased its holdings 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. Finally, TD Waterhouse Canada Inc. acquired a new stake in shares of EverQuote in the third quarter valued at approximately $75,000. 91.54% of the stock is currently owned by institutional investors and hedge funds.

EverQuote Company Profile

EverQuote, Inc operates an online marketplace that connects consumers seeking insurance with insurance providers and distribution partners. The company uses technology, data, and digital marketing to help consumers compare insurance options and obtain quotes.

Its platform has primarily focused on auto insurance, while also supporting other insurance categories, including home and renters insurance. EverQuote generates business by providing insurance carriers and agents with consumer referrals and opportunities to reach people who are actively shopping for coverage.

Founded in 2010 and headquartered in Cambridge, Massachusetts, EverQuote serves the United States insurance market.