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CAMBRIDGE, MA—Julia Brncic, General Counsel of EverQuote , Inc. (NASDAQ:EVER), recently executed a stock sale valued at $15,325. According to a recent SEC filing, Brncic sold 696 shares of Class A Common Stock on February 21, 2025, at a price of $22.02 per share. This transaction was conducted under a Rule 10b5-1 trading plan that Brncic adopted on March 12, 2024. The sale comes as EverQuote maintains strong financial health, with InvestingPro data showing impressive gross profit margins of 95% and robust revenue growth of 27% over the last twelve months.
In addition to the stock sale, Brncic also had 1,108 shares withheld by EverQuote on February 20, 2025, to satisfy tax obligations related to the vesting of restricted stock units. These shares were valued at $21.66 each, totaling $23,999. Following these transactions, Brncic holds 140,692 shares of EverQuote stock, in a company currently valued at approximately $712 million.
EverQuote, a company based in Cambridge, Massachusetts, operates in the computer programming and data processing sector, offering a marketplace for insurance shopping. The company maintains a healthy financial position with a current ratio of 2.33, indicating strong liquidity to meet its short-term obligations.
In other recent news, EverQuote Inc. reported its fourth-quarter 2024 earnings, surpassing expectations with an earnings per share (EPS) of $0.33, compared to the forecasted $0.19. The company’s revenue reached $147.5 million, exceeding the anticipated $133.77 million, marking a 165% increase year-over-year. EverQuote also achieved a record net income of $12.3 million for the quarter and ended the year with $102.1 million in cash and no debt. Looking forward, the company projects first-quarter 2025 revenue between $155 million and $160 million, indicating a 73% year-over-year growth. Additionally, EverQuote’s full-year 2024 revenue totaled $500 million, a 74% increase over 2023, driven by advancements in AI and expansion into non-auto insurance sectors. Analyst firms such as Canaccord Genuity and JPMorgan have shown interest in EverQuote’s strategic focus on digital channels and its ability to leverage AI for operational efficiency. These developments highlight EverQuote’s robust financial performance and strategic positioning in the market.
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