EverQuote CTO Brianard David Sells 1,291 Shares at $23.5/Share on Aug 27.

EverQuote, Inc. (EVER) has announced that Chief Technology Officer Brianard David has sold 1,291 shares at a price of $23.50 per share on August 27, 2025. Additionally, General Counsel Brncic Julia has sold 1,436 shares at a price of $23.51 per share on the same date.

Title: EverQuote Insiders Sell Shares Amid Positive Earnings and Analyst Upgrades

EverQuote, Inc. (EVER) has experienced a wave of insider selling among its executive team, with both the Chief Technology Officer (CTO) and General Counsel selling shares of the company's stock. CTO David Brainard sold 1,291 shares at $23.50 per share on August 27, 2025, while General Counsel Julia Brncic sold 1,436 shares at $23.51 per share on the same date [1]. This comes amidst positive earnings reports and analyst upgrades for the company.

EverQuote reported earnings of $0.39 per share for the quarter, exceeding the consensus estimate of $0.35 by $0.04 [1]. The company also saw a significant increase in revenue, with a 33.7% year-over-year growth to $156.63 million. Analysts have responded favorably to these results, with Needham & Company reiterating a "buy" rating and setting a $38.00 price objective [1]. Additionally, JPMorgan Chase & Co. boosted its target price to $30.00 from $29.00 and gave the stock an "overweight" rating [1].

Despite the positive outlook, insiders have been selling their shares. CTO David Brainard's sale represents a 4.25% decrease in his ownership, while General Counsel Julia Brncic's sale represents a 2.72% decrease in her ownership [1]. The total insider selling in the last three months amounts to 954,523 shares valued at $22,308,410 [1]. This selling activity could be attributed to various reasons, including personal financial needs, diversification of holdings, or simply a strategic move to lock in profits.

EverQuote operates as an online marketplace for insurance shopping in the United States, offering auto, home and renters, and life insurance. The company's market cap stands at $845.21 million, with a P/E ratio of 18.67 and a beta of 0.37 [1]. Despite the recent insider selling, the stock has been performing well, with a 50-day moving average of $24.23 and a 200-day moving average of $24.20. The stock has seen a 12-month low of $16.63 and a 12-month high of $30.03, indicating a strong performance over the past year.

In conclusion, while EverQuote has seen insider selling, the company's positive earnings and analyst upgrades suggest a strong outlook. Investors should carefully consider the reasons behind the insider selling and the overall market sentiment before making investment decisions.

References:
[1] https://www.tradingview.com/news/tradingview:d519d537d40a2:0-everquote-ceo-jayme-mendal-sells-14-360-shares/
[2] https://www.marketbeat.com/instant-alerts/filing-everquote-inc-ever-shares-sold-by-vanguard-group-inc-2025-08-26/