Insider Selling: Director George Neble Sells Shares of EverQuote Inc (EVER)

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Oct 11, 2024
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On October 10, 2024, George Neble, Director at EverQuote Inc (EVER, Financial), executed a sale of 2,500 shares of the company. The transaction was reported through an SEC Filing. Following this transaction, the insider now directly owns 54,970 shares of the company.

EverQuote Inc operates an online marketplace for insurance shopping in the United States. The platform allows consumers to connect with insurance providers and agencies to find optimal rates for insurance policies such as auto, home, and life insurance.

Over the past year, George Neble has sold a total of 12,500 shares of EverQuote Inc and has not made any purchases of the stock. The company's insider transaction history reveals a pattern of 87 insider sales and no insider buys over the same period.

Shares of EverQuote Inc were priced at $19.42 on the day of the transaction. The company currently holds a market cap of approximately $703.091 million.

The stock is considered Significantly Overvalued with a price-to-GF Value ratio of 1.71, based on a GF Value of $11.36. The GF Value is calculated considering 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 past returns and growth, and future business performance estimates from Morningstar analysts.

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This sale by the insider may be of interest to current and potential investors, providing insight into insider confidence and stock valuation perceptions at EverQuote Inc.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.