EverQuote Inc’s recently made public that its Director BLUNDIN DAVID B unloaded Company’s shares for reported $1.46 million on Apr 30 ’24. In the deal valued at $20.14 per share,72,618 shares were sold. As a result of this transaction, BLUNDIN DAVID B now holds 602,409 shares worth roughly $13.1 million.
Then, BLUNDIN DAVID B sold 58,434 shares, generating $1,176,861 in total proceeds. Upon selling the shares at $20.14, the Director now owns 535,058 shares.
Before that, LINK VENTURES, LLLP sold 6,830 shares. EverQuote Inc shares valued at $137,556 were divested by the 10% Owner at a price of $20.14 per share. As a result of the transaction, LINK VENTURES, LLLP now holds 1,556,160 shares, worth roughly $33.85 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 Friday, EverQuote Inc [NASDAQ:EVER] saw its stock jump 1.02% to $21.75. Over the last five days, the stock has gained 11.25%. EverQuote Inc shares have risen nearly 77.70% since the year began. Nevertheless, the stocks have risen 226.58% over the past one year. While a 52-week high of $22.27 was reached on 05/02/24, a 52-week low of $5.36 was recorded on 01/16/24. SMA at 50 days reached $18.26, while 200 days put it at $11.40. A total of 0.59 million shares were traded, compared to the trading of 0.79 million shares in the previous session.
Levels Of Support And Resistance For EVER Stock
The 24-hour chart illustrates a support level at 21.50, which if violated will result in even more drops to 21.25. On the upside, there is a resistance level at 22.05. A further resistance level may holdings at 22.36. The Relative Strength Index (RSI) on the 14-day chart is 67.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.71, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.63%. Stochastics %K at 86.83% indicates the stock is a selling.
