Jupiter Topco LLC Takes Position in Porch Group, Inc. $PRCH

Posted by Brian Himes on Aug 29th, 2026

Jupiter Topco LLC bought a new stake in Porch Group, Inc. (NASDAQ:PRCH – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,461,364 shares of the company’s stock, valued at approximately $21,979,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Hsbc Holdings PLC acquired a new position in Porch Group during the second quarter worth approximately $587,000. Canada Pension Plan Investment Board acquired a new stake in shares of Porch Group in the second quarter valued at approximately $179,000. Legal & General Group Plc bought a new position in shares of Porch Group during the 2nd quarter worth approximately $904,000. The Manufacturers Life Insurance Company bought a new position in shares of Porch Group during the 2nd quarter worth approximately $757,000. Finally, Osbon Capital Management LLC bought a new position in shares of Porch Group during the 2nd quarter worth approximately $40,000. Institutional investors own 48.48% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Stephens initiated coverage on Porch Group in a research note on Monday, May 4th. They issued an “overweight” rating and a $12.00 price target on the stock. Cantor Fitzgerald lifted their price objective on shares of Porch Group from $13.00 to $18.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. B. Riley Financial upped their price objective on shares of Porch Group from $19.00 to $21.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Weiss Ratings upgraded shares of Porch Group from a “sell (d-)” rating to a “sell (d+)” rating in a report on Thursday, July 30th. Finally, Benchmark increased their price objective on shares of Porch Group from $22.00 to $23.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Porch Group has a consensus rating of “Moderate Buy” and a consensus price target of $18.79.

View Our Latest Stock Report on PRCH

Insider Transactions at Porch Group

In other Porch Group news, CFO Shawn Tabak sold 25,000 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $16.21, for a total value of $405,250.00. Following the transaction, the chief financial officer directly owned 215,495 shares of the company’s stock, valued at $3,493,173.95. This represents a 10.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 53,944 shares of company stock valued at $851,371. Insiders own 27.78% of the company’s stock.

Porch Group Trading Down 0.2%

Shares of NASDAQ:PRCH opened at $17.40 on Friday. Porch Group, Inc. has a 12-month low of $6.36 and a 12-month high of $19.44. The stock has a market cap of $2.29 billion, a PE ratio of -145.00 and a beta of 3.15. The business has a 50 day moving average of $14.89 and a 200-day moving average of $10.88. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 20.53.

Porch Group (NASDAQ:PRCH – Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.08. The company had revenue of $131.81 million for the quarter, compared to analyst estimates of $122.30 million. Porch Group had a negative return on equity of 68.47% and a negative net margin of 2.67%. As a group, equities research analysts forecast that Porch Group, Inc. will post -0.09 earnings per share for the current year.

Porch Group Company Profile

(Free Report)

Porch Group, Inc operates a technology-driven home services platform designed to connect homeowners with professional contractors, maintenance providers and home improvement specialists. Through its online marketplace and proprietary software solutions, Porch enables users to research, compare and book services ranging from home repairs and remodeling to maintenance and renovations. The company’s platform integrates detailed provider profiles, customer reviews and real-time appointment scheduling to streamline the process of sourcing and managing home projects.

In addition to its core marketplace, Porch offers software products tailored for service professionals.