Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE – Get Free Report) President Lingke Wang sold 118,333 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $33.29, for a total transaction of $3,939,305.57. Following the completion of the sale, the president directly owned 1,537,543 shares in the company, valued at $51,184,806.47. This represents a 7.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Lingke Wang also recently made the following trade(s):
- On Monday, August 17th, Lingke Wang sold 22,623 shares of Ethos Technologies Inc. Class A Common Stock stock. The shares were sold at an average price of $34.28, for a total transaction of $775,516.44.
Ethos Technologies Inc. Class A Common Stock Price Performance
LIFE stock traded up $0.64 on Friday, hitting $34.16. 849,535 shares of the company were exchanged, compared to its average volume of 669,243. Ethos Technologies Inc. Class A Common Stock has a twelve month low of $9.45 and a twelve month high of $35.69. The company has a fifty day simple moving average of $22.13. The firm has a market cap of $2.18 billion and a PE ratio of -11.99.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Ethos Technologies Inc. Class A Common Stock stock. Philadelphia Investment Partners LLC bought a new position in Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,847 shares of the company’s stock, valued at approximately $69,000. Hedge funds and other institutional investors own 61.72% of the company’s stock.
Wall Street Analysts Forecast Growth
LIFE has been the topic of a number of research analyst reports. The Goldman Sachs Group reiterated a “buy” rating and issued a $35.00 target price on shares of Ethos Technologies Inc. Class A Common Stock in a report on Tuesday, August 4th. Barclays lifted their price objective on Ethos Technologies Inc. Class A Common Stock from $27.00 to $37.00 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Citigroup reiterated a “market outperform” rating on shares of Ethos Technologies Inc. Class A Common Stock in a report on Tuesday, August 4th. Robert W. Baird increased their target price on shares of Ethos Technologies Inc. Class A Common Stock from $26.00 to $32.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 4th. Finally, Citizens Jmp raised their price target on shares of Ethos Technologies Inc. Class A Common Stock from $27.00 to $33.00 and gave the company a “market outperform” rating in a report on Tuesday, August 4th. Six investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Ethos Technologies Inc. Class A Common Stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $32.29.
Get Our Latest Stock Analysis on Ethos Technologies Inc. Class A Common Stock
About Ethos Technologies Inc. Class A Common Stock
Ethos Technologies Inc operates a technology-driven, direct-to-consumer platform for the distribution of life insurance products. Through its digital underwriting, data analytics, and proprietary technology, it enables consumers to explore, compare, and purchase life insurance policies online. The platform serves consumers, agents, and insurance carriers, and supports the application and policy issuance process through an online interface. The company works with insurance carriers to offer life insurance products in the United States through digital channels and independent agents.
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