Categories: Technology

Insider Sells Continue at EverQuote Inc as Market Cap Dips below $1 Billion

On May 21, 2024, David Brainard, the Chief Technology Officer of EverQuote Inc (NASDAQ:EVER), sold 4,327 shares of the company at a price of $24.95 per share. This transaction was documented in a recent SEC filing. Following this sale, the insider now owns 175,142 shares of EverQuote Inc.

Over the past year, David Brainard has sold a total of 57,551 shares and has not purchased any shares of the company. This recent transaction is part of a broader trend observed at EverQuote Inc, where there have been 60 insider sells and only 1 insider buy over the past year.

Shares of EverQuote Inc were trading at $24.95 on the day of the transaction, giving the company a market cap of $824.032 million. According to GuruFocus’s intrinsic value estimate for EverQuote Inc ($8.59 per share), which takes into account historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow along with a GuruFocus adjustment factor based on future business performance estimates from Morningstar analysts

Samantha Reynolds

As a content writer at newsabcc.com, I dive into the depths of information to craft engaging and informative pieces that captivate our audience. With a keen eye for detail and a love for storytelling, I strive to deliver content that not only informs but also inspires. Whether unraveling the latest trends or delving into complex topics, I am dedicated to bringing valuable insights to our readers. Join me on this journey as we explore the world through the power of words.

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Samantha Reynolds

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