EverQuote CEO and President Jayme Mendal sold 20,981 shares of the company’s Class A common stock on November 2, 2026, for a total of $501,038. The sales were made at weighted average prices ranging from $23.82 to $24.27 per share.
The transactions comprised 18,157 shares sold at a weighted average of $23.82 and 2,824 shares sold at an average of $24.27. The first group traded in individual transactions between $23.22 and $24.21, while prices for the second group ranged from $24.22 to $24.32. The sales, along with an exercise of 11,406 stock options, were carried out under a Rule 10b5-1 trading plan adopted on June 16, 2026.
In a separate transaction on November 4, Mendal exercised options to acquire 28,725 shares, paying the exercise price in cash and retaining all the shares. That transaction was not part of a Rule 10b5-1 plan. The options had an exercise price of $6.96 and were granted on October 18, 2017, with vesting scheduled over several years.
EverQuote recently reported third-quarter 2026 earnings of $0.49 per share on revenue of $218.1 million, above the cited analyst forecasts of $0.47 per share and $203.23 million. Revenue rose 25% year over year, while adjusted EBITDA increased 41% to $35.5 million. Needham, Canaccord and B. Riley maintained Buy ratings and raised their price targets to $35, $32 and $35, respectively.
Sources: Investing.com News.