In Thursday’s Wall Street session, Porch Group Inc (NASDAQ:PRCH) shares traded at $10.88, up 2.16% from the previous session.
PRCH stock price is now 70.84% away from the 50-day moving average and 183.10% away from the 200-day moving average. The market capitalization of the company currently stands at $1.11B.
With the price target maintained at $6, Loop Capital recently Upgraded its rating from Hold to Buy for Porch Group Inc (NASDAQ: PRCH). , while ‘JP Morgan’ rates the stock as ‘Neutral’
In other news, Tabak Shawn, CHIEF FINANCIAL OFFICER sold 10,000 shares of the company’s stock on Apr 15 ’25. The stock was sold for $53,424 at an average price of $5.34. Upon completion of the transaction, the CHIEF FINANCIAL OFFICER now directly owns 218,580 shares in the company, valued at $2.38 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 15 ’25, Officer Tabak Shawn bought 10,000 shares of the business’s stock. A total of $52,985 was incurred on buying the stock at an average price of $5.30. A total of 41.05% of the company’s stock is owned by insiders.
During the past 12 months, Porch Group Inc has had a low of $1.05 and a high of $10.87.
The net profit margin was -2.59% and return on equity was -15311.00% for PRCH. The company reported revenue of $100.36 million for the quarter, compared to $114.61 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -12.43 percent. For the current quarter, analysts expect PRCH to generate $113.18M in revenue.
