Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. EverQuote Inc shares valued at $2,211,830 were sold by BLUNDIN DAVID B on Aug 06 ’24. At $27.08 per share, BLUNDIN DAVID B sold 81,671 shares. The insider’s holdings dropped to 216,508 shares worth approximately $4.83 million following the completion of this transaction.
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Also, BLUNDIN DAVID B sold 65,718 shares, netting a total of over 1,779,788 in proceeds. Following the sale of shares at $27.08 each, the insider now holds 192,305 shares.
Before that, BLUNDIN DAVID B had sold 222 shares from its account. In a trade valued at $6,001, the Director traded EverQuote Inc shares for $27.03 each. Upon closing the transaction, the insider’s holdings decreased to 222 shares, worth approximately $4.82 million.
Analysts at Needham resumed the stock at ‘”a Buy”‘ outlook in a report released in late February. As of December 12, 2023, Raymond James has increased its “Mkt perform” rating to a “an Outperform” for EVER. Earlier on December 05, 2023, Craig Hallum initiated its rating. Their recommendation was “a Buy” for EVER stock.
Analyzing EVER Stock Performance
During the last five days, there has been a drop of approximately -8.27%. Over the course of the year, EverQuote Inc shares have jumped approximately 82.11%. Shares of the company reached a 52-week high of $28.09 on 08/06/24 and a 52-week low of $10.21 on 01/16/24. A 50-day SMA is recorded $22.53, while a 200-day SMA reached $17.06. Nevertheless, trading volume fell to 0.77 million shares from 0.74 million shares the previous day.
Support And Resistance Levels for EverQuote Inc (EVER)
According to the 24-hour chart, there is a support level at 21.44, which, if violated, would cause prices to drop to 20.60. In the upper region, resistance lies at 22.72. The next price resistance is at 23.16. RSI (Relative Strength Index) is 44.31 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.41, which suggests the price will decrease in the coming days. Percent R is at 82.15%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
