EverQuote CEO Sells Shares Under Preset Plan
EverQuote has an overall “Moderate Buy” rating from eight analysts, with six buys, one hold and one sell, and an average price target of about $28.17. Analyst views have shifted recently, including conflicting Wall Street Zen reports describing a move between hold and buy, while other firms maintained bullish ratings and targets ranging from $28 to $34. The company’s latest quarterly results modestly exceeded expectations, with earnings per share of $0.53 and revenue of $195.09 million, up 24.6% from a year earlier. CEO Jayme Mendal sold 20,981 shares at an average price of $24.27 under a Rule 10b5-1 trading plan, retaining 591,160 shares after the transaction. Institutional investors have also made notable changes to their EverQuote holdings.
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