Gold rally may be losing steam but no major correction seen: DB
EverQuote, Inc. (NASDAQ:EVER), a company currently rated "GREAT" by InvestingPro’s Financial Health scoring system, reported that Chief Technology Officer David Brainard sold 5,710 shares of Class A Common Stock on October 7, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The company, which has demonstrated strong financial performance with 93% revenue growth over the last twelve months, appears undervalued according to InvestingPro’s Fair Value analysis. The shares were sold at a weighted average price of $22.2, for a total value of $126,762.
The transactions were executed in multiple sales, with prices ranging from $22.03 to $22.34. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Brainard on March 17, 2025. Following the transaction, Brainard directly owns 115,161 shares of EverQuote , Inc. The company maintains a strong balance sheet with more cash than debt and excellent liquidity, as evidenced by its current ratio of 3.03. Discover more insights about EVER and access detailed Pro Research Reports covering 1,400+ stocks through InvestingPro’s comprehensive analysis platform.
In other recent news, EverQuote Inc. reported a significant 34% year-over-year increase in revenue for the second quarter, totaling $156.6 million. The company also achieved a record net income of $14.7 million, up from $6.4 million in the previous year. Despite these strong financial results, Raymond James downgraded EverQuote from Strong Buy to Outperform, citing expectations of slowing revenue growth in the third quarter of 2025 and beyond. Additionally, JPMorgan adjusted its price target for EverQuote to $29.00 from $30.00, maintaining an Overweight rating due to concerns about tariff impacts on margins. In a separate development, EverQuote has agreed to repurchase 900,000 shares of its Class A common stock for $21 million from entities affiliated with its Chairman and Co-Founder, David Blundin. The repurchase was executed at $23.33 per share, reflecting a slight discount to recent trading prices. These developments highlight the dynamic nature of EverQuote’s current financial and strategic landscape.
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