Porch Group (NASDAQ:PRCH) CEO Matt Ehrlichman Sells 122,881 Shares

Posted by Brenda Bartman on May 15th, 2026

Porch Group, Inc. (NASDAQ:PRCH – Get Free Report) CEO Matt Ehrlichman sold 122,881 shares of Porch Group stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $10.52, for a total value of $1,292,708.12. Following the transaction, the chief executive officer owned 16,208,253 shares of the company’s stock, valued at approximately $170,510,821.56. This represents a 0.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Matt Ehrlichman also recently made the following trade(s):

On Friday, May 8th, Matt Ehrlichman sold 116,303 shares of Porch Group stock. The shares were sold at an average price of $11.12, for a total value of $1,293,289.36.
On Tuesday, May 5th, Matt Ehrlichman sold 117,385 shares of Porch Group stock. The shares were sold at an average price of $10.43, for a total value of $1,224,325.55.
On Friday, May 1st, Matt Ehrlichman sold 124,089 shares of Porch Group stock. The shares were sold at an average price of $9.79, for a total value of $1,214,831.31.
On Tuesday, April 28th, Matt Ehrlichman sold 115,642 shares of Porch Group stock. The shares were sold at an average price of $8.11, for a total value of $937,856.62.
On Friday, April 24th, Matt Ehrlichman sold 123,518 shares of Porch Group stock. The shares were sold at an average price of $7.68, for a total value of $948,618.24.
On Tuesday, April 21st, Matt Ehrlichman sold 121,242 shares of Porch Group stock. The shares were sold at an average price of $8.12, for a total value of $984,485.04.
On Friday, April 17th, Matt Ehrlichman sold 113,862 shares of Porch Group stock. The shares were sold at an average price of $7.87, for a total value of $896,093.94.
On Tuesday, April 14th, Matt Ehrlichman sold 145,882 shares of Porch Group stock. The shares were sold at an average price of $6.84, for a total value of $997,832.88.
On Thursday, April 9th, Matt Ehrlichman sold 121,293 shares of Porch Group stock. The shares were sold at an average price of $7.15, for a total value of $867,244.95.
On Tuesday, April 7th, Matt Ehrlichman sold 71,167 shares of Porch Group stock. The shares were sold at an average price of $7.19, for a total value of $511,690.73.

Porch Group Stock Up 1.9%

Shares of PRCH stock opened at $10.43 on Friday. The stock has a 50 day moving average of $8.14 and a 200 day moving average of $8.99. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 14.87. The stock has a market cap of $1.33 billion, a P/E ratio of -61.35 and a beta of 3.24. Porch Group, Inc. has a twelve month low of $6.36 and a twelve month high of $19.44.

Porch Group (NASDAQ:PRCH – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.06. The company had revenue of $109.44 million during the quarter, compared to analysts’ expectations of $94.72 million. Porch Group had a negative return on equity of 115.59% and a negative net margin of 3.41%. As a group, sell-side analysts expect that Porch Group, Inc. will post -0.04 EPS for the current year.

Institutional Trading of Porch Group

Large investors have recently made changes to their positions in the company. Aster Capital Management DIFC Ltd increased its position in shares of Porch Group by 956.3% during the third quarter. Aster Capital Management DIFC Ltd now owns 1,521 shares of the company’s stock worth $26,000 after purchasing an additional 1,377 shares in the last quarter. Larson Financial Group LLC increased its position in shares of Porch Group by 444.8% during the third quarter. Larson Financial Group LLC now owns 1,836 shares of the company’s stock worth $31,000 after purchasing an additional 1,499 shares in the last quarter. RiverPark Advisors LLC purchased a new stake in shares of Porch Group during the third quarter worth approximately $39,000. Osbon Capital Management LLC purchased a new stake in shares of Porch Group during the fourth quarter worth approximately $25,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of Porch Group during the fourth quarter worth approximately $38,000. 48.48% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on PRCH. Keefe, Bruyette & Woods upgraded Porch Group from a “market perform” rating to an “outperform” rating and cut their price objective for the company from $13.00 to $10.50 in a research report on Wednesday, February 11th. Benchmark boosted their price objective on Porch Group from $21.00 to $22.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Stephens began coverage on Porch Group in a research report on Monday, May 4th. They issued an “overweight” rating and a $12.00 price objective for the company. Finally, Zacks Research upgraded Porch Group from a “strong sell” rating to a “hold” rating in a research report on Friday, March 6th. Seven analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.21.

Read Our Latest Analysis on PRCH

Porch Group Company Profile

(Get 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.