Everquote chief accounting officer sells $9,570 in shares

Jon Ayotte, Chief Accounting Officer at EverQuote, Inc. (NASDAQ:EVER), executed a sale of 439 shares of the company's Class A Common Stock on October 16, 2026. The transaction took place in accordance with a pre-established Rule 10b5-1 trading plan, which he had set up on March 9, 2026. Each share was sold at a price of $21.80, leading to a total revenue of $9,570 from the sale.

This sale occurred during a period of robust stock performance, with the stock delivering a 10.4% return over the preceding week, as indicated by InvestingPro data. At the time of the transaction, Mr. Ayotte retained a beneficial ownership of 71,855 shares of EverQuote Class A Common Stock. This ownership figure represented a correction for a previous filing error that had previously overestimated his beneficial shares held.

Prior to this sale, he had beneficially owned 72,294 shares. EverQuote reported strong second-quarter earnings, surpassing analyst expectations with adjusted earnings of $0.53 per share on revenue of $195.1 million. This surpassed the projected earnings of $0.51 per share and $190.6 million in revenue. The company's revenue increased by 25% year-over-year, reaching a new record high, while adjusted EBITDA also set a record at $30.1 million, marking a 37% increase.

Analysts at Needham and Raymond James raised their price targets for EverQuote, citing its strong performance and growth prospects. Despite the positive earnings, the stock saw a sell-off in after-hours trading, as investors focused on the company's spending plans and near-term outlook.