Shares of Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE – Get Free Report) have earned an average recommendation of “Moderate Buy” from the eight brokerages that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $35.62.
A number of analysts recently commented on LIFE shares. Bank of America reaffirmed a “buy” rating and issued a $38.00 target price on shares of Ethos Technologies Inc. Class A Common Stock in a research report on Thursday, September 24th. Citigroup reiterated a “market outperform” rating on shares of Ethos Technologies Inc. Class A Common Stock in a report on Monday, October 12th. The Goldman Sachs Group reissued a “buy” rating and issued a $35.00 price objective on shares of Ethos Technologies Inc. Class A Common Stock in a research note on Tuesday, August 4th. William Blair set a $33.00 price objective on Ethos Technologies Inc. Class A Common Stock in a report on Tuesday, August 4th. Finally, Citizens Jmp boosted their price objective on Ethos Technologies Inc. Class A Common Stock from $33.00 to $40.00 and gave the company a “market outperform” rating in a report on Monday, October 12th.
Check Out Our Latest Stock Report on LIFE
Ethos Technologies Inc. Class A Common Stock Trading Up 5.7%
Shares of LIFE stock opened at $41.07 on Friday. The company’s 50-day moving average price is $36.75. Ethos Technologies Inc. Class A Common Stock has a 12 month low of $9.45 and a 12 month high of $42.55.
Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE – Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.34. The firm had revenue of $189.56 million for the quarter. The company’s revenue was up 113.5% compared to the same quarter last year. Equities analysts predict that Ethos Technologies Inc. Class A Common Stock will post -2.04 EPS for the current year.
Insider Buying and Selling
In other Ethos Technologies Inc. Class A Common Stock news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the firm’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of $19.46, for a total value of $3,832,277.26. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder Us (Ttgp) Ltd. Sc sold 107,795 shares of the business’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $33.12, for a total transaction of $3,570,170.40. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,252,520 shares of company stock worth $38,153,900 over the last quarter.
Institutional Trading of Ethos Technologies Inc. Class A Common Stock
Institutional investors and hedge funds have recently modified their holdings of the stock. Glynn Capital Management LLC purchased a new position in shares of Ethos Technologies Inc. Class A Common Stock during the third quarter valued at approximately $15,999,000. The Manufacturers Life Insurance Company bought a new stake in Ethos Technologies Inc. Class A Common Stock during the second quarter worth $6,191,000. State Street Corp bought a new stake in Ethos Technologies Inc. Class A Common Stock during the second quarter worth $932,000. Zevenbergen Capital Investments LLC bought a new stake in Ethos Technologies Inc. Class A Common Stock during the third quarter worth $720,000. Finally, TD Waterhouse Canada Inc. bought a new stake in Ethos Technologies Inc. Class A Common Stock during the third quarter worth $317,000. 61.72% of the stock is owned by hedge funds and other institutional investors.
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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