Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE – Get Free Report) President Lingke Wang sold 118,333 shares of Ethos Technologies Inc. Class A Common Stock stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $38.36, for a total value of $4,539,253.88. Following the completion of the transaction, the president owned 1,537,543 shares of the company’s stock, valued at $58,980,149.48. The trade was a 7.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Lingke Wang also recently made the following trade(s):
- On Thursday, September 17th, Lingke Wang sold 118,333 shares of Ethos Technologies Inc. Class A Common Stock stock. The shares were sold at an average price of $38.96, for a total transaction of $4,610,253.68.
- On Thursday, August 20th, Lingke Wang sold 118,333 shares of Ethos Technologies Inc. Class A Common Stock stock. The shares were sold at an average price of $33.29, for a total value of $3,939,305.57.
- On Monday, August 17th, Lingke Wang sold 22,623 shares of Ethos Technologies Inc. Class A Common Stock stock. The stock was sold at an average price of $34.28, for a total value of $775,516.44.
Ethos Technologies Inc. Class A Common Stock Price Performance
Shares of LIFE traded down $1.24 during midday trading on Friday, reaching $37.52. 1,203,338 shares of the stock were exchanged, compared to its average volume of 858,987. The stock has a market cap of $2.39 billion and a P/E ratio of -13.16. Ethos Technologies Inc. Class A Common Stock has a twelve month low of $9.45 and a twelve month high of $42.55. The firm has a 50-day simple moving average of $36.35.
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 EPS 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 for the quarter was up 113.5% on a year-over-year basis. As a group, equities research analysts expect that Ethos Technologies Inc. Class A Common Stock will post -2.04 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several analysts have recently commented on LIFE shares. Citigroup reiterated a “market outperform” rating on shares of Ethos Technologies Inc. Class A Common Stock in a research report on Monday. The Goldman Sachs Group restated a “buy” rating and set a $35.00 price objective on shares of Ethos Technologies Inc. Class A Common Stock in a research report on Tuesday, August 4th. Citizens Jmp upped their target price on Ethos Technologies Inc. Class A Common Stock from $33.00 to $40.00 and gave the company a “market outperform” rating in a research note on Monday. Weiss Ratings raised Ethos Technologies Inc. Class A Common Stock from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, October 8th. Finally, William Blair set a $33.00 target price on Ethos Technologies Inc. Class A Common Stock in a report on Tuesday, August 4th. Six analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $35.62.
Get Our Latest Stock Report on Ethos Technologies Inc. Class A Common Stock
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. acquired a new stake in shares of Ethos Technologies Inc. Class A Common Stock during the 3rd quarter worth about $317,000. Cisco Systems Inc. purchased a new stake in shares of Ethos Technologies Inc. Class A Common Stock during the third quarter worth about $81,000. Triumph Capital Management purchased a new stake in shares of Ethos Technologies Inc. Class A Common Stock during the third quarter worth about $160,000. Zevenbergen Capital Investments LLC acquired a new position in shares of Ethos Technologies Inc. Class A Common Stock in the third quarter valued at approximately $720,000. Finally, Glynn Capital Management LLC acquired a new position in shares of Ethos Technologies Inc. Class A Common Stock in the third quarter valued at approximately $15,999,000. Institutional investors and hedge funds own 61.72% of the company’s stock.
Ethos Technologies Inc. Class A Common Stock Company Profile
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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