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In a recent filing with the Securities and Exchange Commission, EverQuote , Inc. (NASDAQ:EVER), a $754 million market cap company with strong financial health according to InvestingPro analysis, disclosed that John L. Shields, a director of the company, sold 2,000 shares of Class A Common Stock. The transactions took place on April 14, 2025, under a Rule 10b5-1 trading plan that Shields adopted on March 13, 2024.
The shares were sold at a weighted average price of $20.93, with individual transaction prices ranging from $20.67 to $21.03. The total value of the transactions amounted to $41,860. Following these sales, Shields retains ownership of 26,515 shares in the company. The stock, currently trading at $21.04, shows potential upside according to InvestingPro Fair Value calculations, despite recent poor performance over the last month.
This transaction was carried out as part of a pre-arranged trading plan, allowing for the sale of shares at predetermined intervals, thereby providing a systematic approach to managing stock holdings. The company maintains a strong balance sheet with more cash than debt and impressive revenue growth of 74% in the last twelve months. Discover more insights about EVER and 1,400+ other stocks through comprehensive Pro Research Reports available on InvestingPro.
In other recent news, EverQuote Inc. reported impressive fourth-quarter 2024 earnings, significantly surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $0.33, compared to the forecasted $0.19, and revenue reached $147.5 million, exceeding the anticipated $133.77 million. This robust performance marks a 165% increase in quarterly revenue year-over-year, contributing to a total annual revenue of $500 million for 2024, which is a 74% increase from the previous year. EverQuote also reported a record net income of $12.3 million for the quarter. Looking ahead, the company projects first-quarter 2025 revenue between $155 million and $160 million, indicating a 73% year-over-year growth. Needham analysts have responded by raising EverQuote’s stock price target to $38, maintaining a Buy rating, citing the company’s strong financial results and positive outlook. Additionally, the removal of a potential regulatory challenge has further bolstered investor confidence. Meanwhile, Gambling.com Group announced changes to its board of directors, with Jayme Mendal set to join the board following Gregg Michaelson’s resignation.
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