EverQuote CEO Jayme Mendal Sells 20,981 Shares for $501,026

EverQuote chief executive Jayme Mendal sold 20,981 shares of the company's stock on November 2, 2026, collecting $501,026.28 at an average of $23.88 each, according to MarketBeat, which cited a filing with the Securities and Exchange Commission.

The disposal trimmed Mendal's holding by 3.69%, leaving him with 548,253 shares worth about $13.09 million. He has sold on a regular schedule: 20,980 shares on October 1, 2026, at an average of $19.69, and 20,981 shares on September 15, 2026, at an average of $24.27.

The sale came the same day EverQuote reported third-quarter results. Revenue reached $218.08 million, up 25.4% from a year earlier and above the $205.12 million analysts expected, while earnings of $0.49 per share matched estimates. The company guided fourth-quarter revenue to a range of $213 million to $223 million and authorized a $50 million share repurchase program.

Shares rose $1.49 to $30.60 on November 4, 2026, near the 12-month high of $30.92 and well above the low of $13.88. The company carries a market value of $1.10 billion. Needham & Company lifted its price target to $35 from $30, and Canaccord Genuity Group raised its target to $32 from $28, both with buy ratings.

EverQuote, founded in 2010 and based in Cambridge, Massachusetts, runs an online marketplace matching insurance shoppers with carriers and agents, with auto coverage its largest category.

This story was first reported by MarketBeat.