TSX higher on employment data
Director George R. Neble of EverQuote , Inc. (NASDAQ:EVER), an insurance marketplace company with a market capitalization of $850 million, sold 671 shares of Class A Common Stock on August 15, 2025, at a price of $23.35, for a total transaction value of $15,667. According to InvestingPro analysis, EverQuote maintains excellent financial health with a "GREAT" overall score, supported by strong revenue growth of 93% over the last twelve months.
Following the transaction, Neble directly owns 53,503 shares of EverQuote. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 16, 2025. The company appears undervalued based on InvestingPro’s Fair Value assessment, with 7 additional exclusive insights available to subscribers, including detailed analysis of the company’s robust balance sheet and growth prospects.
In other recent news, EverQuote Inc. reported impressive financial results for the second quarter of 2025, with total revenues increasing by 34% year-over-year to $156.6 million. The company also saw a significant rise in net income, reaching $14.7 million, up from $6.4 million in the previous year. Additionally, EverQuote announced it has repurchased 900,000 shares of its Class A common stock from entities associated with its Chairman and Co-Founder, David Blundin, for $21 million. This transaction was completed at a slight discount to the recent average price. Meanwhile, JPMorgan has adjusted its price target for EverQuote to $29, down from $30, while maintaining an Overweight rating. This revision followed EverQuote’s second-quarter results, which, although aligned with guidance, ended a streak of consecutive revenue beats. Concerns about tariff impacts on insurance carriers’ spending were noted by JPMorgan as a factor in their decision. These developments highlight a period of strategic financial maneuvers and market adjustments for EverQuote.
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