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EverQuote Inc (EVER) receives a Buy rating from B. Riley Securities

EverQuote Inc’s recent filing unveils that its Director BLUNDIN DAVID B unloaded Company’s shares for reported $0.56 million on Apr 17 ’24. In the deal valued at $20.48 per share,27,364 shares were sold. As a result of this transaction, BLUNDIN DAVID B now holds 668,197 shares worth roughly $12.36 million.

Then, BLUNDIN DAVID B sold 22,018 shares, generating $450,929 in total proceeds. Upon selling the shares at $20.48, the Director now owns 593,492 shares.

Before that, LINK VENTURES, LLLP sold 2,573 shares. EverQuote Inc shares valued at $52,695 were divested by the 10% Owner at a price of $20.48 per share. As a result of the transaction, LINK VENTURES, LLLP now holds 1,562,990 shares, worth roughly $28.92 million.

A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in late February has reiterated a ‘”a Buy”‘ rating for it. Raymond James also remained covering EVER and has increased its forecast on December 12, 2023 with a “an Outperform” recommendation from previously “Mkt perform” rating. Craig Hallum started covering the stock on December 05, 2023. It rated EVER as “a Buy”.

Price Performance Review of EVER

On Tuesday, EverQuote Inc [NASDAQ:EVER] saw its stock fall -0.16% to $18.50. Over the last five days, the stock has lost -6.80%. EverQuote Inc shares have risen nearly 51.14% since the year began. Nevertheless, the stocks have risen 129.81% over the past one year. While a 52-week high of $20.74 was reached on 04/17/24, a 52-week low of $5.36 was recorded on 01/16/24. SMA at 50 days reached $17.54, while 200 days put it at $10.87. A total of 0.32 million shares were traded, compared to the trading of 0.41 million shares in the previous session.

Levels Of Support And Resistance For EVER Stock

The 24-hour chart illustrates a support level at 18.21, which if violated will result in even more drops to 17.91. On the upside, there is a resistance level at 18.87. A further resistance level may holdings at 19.24. The Relative Strength Index (RSI) on the 14-day chart is 50.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.67%. Stochastics %K at 28.08% indicates the stock is a holding.

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