Porch Group, Inc. (NASDAQ:PRCH – Get Free Report) Director Sean Davis Kell sold 10,500 shares of the stock in a transaction on Thursday, October 29th. The shares were sold at an average price of $20.00, for a total value of $210,000.00. Following the sale, the director owned 303,147 shares of the company’s stock, valued at $6,062,940. This trade represents a 3.35% decrease in their position. The sale 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.
Sean Davis Kell also recently made the following trade(s):
- On Friday, October 30th, Sean Davis Kell sold 10,284 shares of Porch Group stock. The shares were sold at an average price of $20.30, for a total transaction of $208,765.20.
Porch Group Trading Down 1.6%
Shares of PRCH traded down $0.33 during trading hours on Friday, hitting $20.56. 2,886,599 shares of the stock traded hands, compared to its average volume of 1,748,081. Porch Group, Inc. has a 1-year low of $6.36 and a 1-year high of $21.30. The business has a fifty day moving average of $17.16 and a 200-day moving average of $11.97. The firm has a market capitalization of $2.71 billion, a PE ratio of 257.00 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 (NASDAQ:PRCH – Get Free Report) last issued its earnings results on Wednesday, October 28th. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.09. The firm had revenue of $143.86 million for the quarter, compared to the consensus estimate of $134.65 million. Porch Group had a return on equity of 42.30% and a net margin of 1.81%. Analysts expect that Porch Group, Inc. will post -0.04 EPS for the current year.
Institutional Trading of Porch Group
A number of large investors have recently added to or reduced their stakes in the company. Osbon Capital Management LLC bought a new position in Porch Group in the 2nd quarter valued at $40,000. State of Wyoming purchased a new position in shares of Porch Group in the 2nd quarter worth $64,000. PNC Financial Services Group Inc. increased its holdings in shares of Porch Group by 697.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 9,390 shares of the company’s stock valued at $67,000 after acquiring an additional 8,213 shares during the period. Cetera Investment Advisers purchased a new position in Porch Group in the first quarter valued at $74,000. Finally, Persistent Asset Partners Ltd acquired a new stake in Porch Group during the second quarter worth about $103,000. Institutional investors and hedge funds own 48.48% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on PRCH shares. Cantor Fitzgerald boosted their price target on shares of Porch Group from $18.00 to $20.00 and gave the stock an “overweight” rating in a research report on Friday, September 25th. Weiss Ratings raised Porch Group from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, October 21st. B. Riley Financial boosted their target price on Porch Group from $21.00 to $24.00 and gave the stock a “buy” rating in a research report on Wednesday, October 14th. Texas Capital raised shares of Porch Group to a “strong-buy” rating in a research note on Tuesday, September 22nd. Finally, Keefe, Bruyette & Woods raised their target price on shares of Porch Group from $16.25 to $16.50 and gave the company a “market perform” rating in a research note on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $20.79.
Get Our Latest Analysis on Porch Group
Key Headlines Impacting Porch Group
Here are the key news stories impacting Porch Group this week:
- Positive Sentiment: Third-quarter revenue reached $143.9 million, exceeding estimates of approximately $133.4 million, while earnings were $0.10 per share versus expectations for a $0.01 loss. The result also improved from a $0.10-per-share loss in the year-ago quarter. Porch Group Q3 earnings and revenue report
- Positive Sentiment: Porch raised its fiscal 2026 revenue guidance to $518 million-$523 million, above the roughly $513.6 million analyst consensus, signaling continued confidence in its growth trajectory. Porch Group reports Q3 results and raises guidance
- Positive Sentiment: Insurance Services revenue increased 39%, highlighting strong momentum in a key business segment. Management also outlined a 2027 baseline exceeding $900 million in written premium and $180 million in adjusted EBITDA following the Allied Trust transaction. Porch 2027 baseline outlook
- Positive Sentiment: Oppenheimer raised its price target from $20 to $25 and maintained an Outperform rating, reflecting increased confidence after the earnings beat and improved guidance. Oppenheimer raises Porch price target
Porch Group Company Profile
Porch Group, Inc is a technology company that provides software and services for the residential home services industry. Its platform is designed to help businesses manage customer relationships, scheduling, communications, payments, marketing and other operational workflows.
The company serves professionals involved in the home-buying and home-maintenance ecosystem, including home inspection companies and other service providers. Its offerings have included specialized software platforms such as Inspection Support Network and Floify, which support inspection management and mortgage-related workflows, respectively.
Founded in 2012 by Matt Ehrlichman, Porch initially operated as a consumer-focused home improvement marketplace before expanding into vertical software and related services.
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