Porch Group (NASDAQ:PRCH) Stock: Insider Matthew Neagle Sells 40,625 Shares

Posted by Stanley Muller on Oct 5th, 2026

Porch Group, Inc. (NASDAQ:PRCH – Get Free Report) COO Matthew Neagle sold 40,625 shares of the company’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $16.69, for a total value of $678,031.25. Following the completion of the sale, the chief operating officer directly owned 1,900,080 shares of the company’s stock, valued at $31,712,335.20. The trade was a 2.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Matthew Neagle also recently made the following trade(s):

On Monday, September 14th, Matthew Neagle sold 50,000 shares of Porch Group stock. The shares were sold at an average price of $16.46, for a total transaction of $823,000.00.

Porch Group Stock Up 0.2%

PRCH stock traded up $0.04 during midday trading on Monday, hitting $17.35. 885,840 shares of the company’s stock were exchanged, compared to its average volume of 1,713,182. The stock has a market capitalization of $2.29 billion, a price-to-earnings ratio of -144.58 and a beta of 3.18. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 20.53. Porch Group, Inc. has a 12-month low of $6.36 and a 12-month high of $18.37. The firm has a 50 day moving average price of $16.37 and a 200-day moving average price of $12.46.

Porch Group (NASDAQ:PRCH – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.08. Porch Group had a negative return on equity of 68.47% and a negative net margin of 2.67%.The firm had revenue of $131.81 million during the quarter, compared to analyst estimates of $122.30 million. On average, analysts anticipate that Porch Group, Inc. will post -0.09 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Keefe, Bruyette & Woods increased their price objective on Porch Group from $16.25 to $16.50 and gave the stock a “market perform” rating in a report on Thursday, July 30th. Texas Capital raised shares of Porch Group to a “strong-buy” rating in a research note on Tuesday, September 22nd. B. Riley Financial raised their target price on Porch Group from $19.00 to $21.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Weiss Ratings raised Porch Group from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Thursday, July 30th. Finally, Benchmark boosted their price target on shares of Porch Group from $22.00 to $23.00 and gave the company a “buy” rating in a report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Porch Group currently has a consensus rating of “Moderate Buy” and an average target price of $18.75.

View Our Latest Analysis on PRCH

Hedge Funds Weigh In On Porch Group

Hedge funds have recently added to or reduced their stakes in the company. Granahan Investment Management LLC lifted its stake in Porch Group by 9.4% in the first quarter. Granahan Investment Management LLC now owns 12,674,987 shares of the company’s stock valued at $90,880,000 after acquiring an additional 1,084,559 shares during the last quarter. BlackRock Inc. acquired a new stake in shares of Porch Group in the 2nd quarter valued at $128,995,000. GC Wealth Management RIA LLC acquired a new position in Porch Group during the first quarter worth $29,230,000. Park West Asset Management LLC bought a new position in Porch Group during the second quarter valued at about $53,194,000. Finally, Dimensional Fund Advisors LP lifted its position in shares of Porch Group by 42.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,540,082 shares of the company’s stock worth $11,040,000 after buying an additional 455,817 shares during the last quarter. Institutional investors and hedge funds own 48.48% of the company’s stock.

About Porch Group

(Get Free Report)

Porch Group, Inc is a vertical software company focused on the home services industry. Through its technology platforms and related services, the company helps home-service businesses manage operations, attract customers, improve workflow efficiency and support transactions connected with buying, selling, maintaining and moving into homes.

Porch Group’s products and services have included customer relationship management, marketing and lead-generation tools, payments, workflow software and other business solutions for contractors and home-service professionals.