Shawn Tabak Sells 7,875 Shares of Porch Group (NASDAQ:PRCH) Stock

Porch Group, Inc. (NASDAQ:PRCH) CFO Shawn Tabak sold 7,875 shares of Porch Group stock in a transaction on Friday, April 24th. The stock was sold at an average price of $7.68, for a total value of $60,480.00. Following the sale, the chief financial officer owned 374,684 shares in the company, valued at $2,877,573.12. The trade was a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Shawn Tabak also recently made the following trade(s):

• On Tuesday, April 21st, Shawn Tabak sold 7,730 shares of Porch Group stock. The stock was sold at an average price of $8.12, for a total value of $62,767.60.
• On Friday, April 17th, Shawn Tabak sold 8,367 shares of Porch Group stock. The stock was sold at an average price of $7.87, for a total value of $65,848.29.
• On Tuesday, April 14th, Shawn Tabak sold 17,697 shares of Porch Group stock. The stock was sold at an average price of $6.84, for a total value of $121,047.48.
• On Thursday, April 9th, Shawn Tabak sold 7,734 shares of Porch Group stock. The stock was sold at an average price of $7.15, for a total value of $55,298.10.
• On Tuesday, April 7th, Shawn Tabak sold 9,344 shares of Porch Group stock. The stock was sold at an average price of $7.19, for a total value of $67,183.36.

Porch Group Trading Up 17.9%

NASDAQ PRCH opened at $10.13 on Thursday. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of -202.60 and a beta of 3.09. Porch Group, Inc. has a one year low of $5.70 and a one year high of $19.44. The company has a debt-to-equity ratio of 17.20, a current ratio of 1.30 and a quick ratio of 1.30. The business’s fifty day moving average is $7.65 and its 200-day moving average is $9.34.

Porch Group (NASDAQ:PRCH) last released its earnings results on Tuesday, April 28th. The company reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.06. The company had revenue of $109.44 million for the quarter, compared to analysts’ expectations of $93.99 million. Porch Group had a negative return on equity of 51.86% and a negative net margin of 0.72%. Equities research analysts predict that Porch Group, Inc. will post 0.02 EPS for the current year.

Porch Group News Summary

Here are the key news stories impacting Porch Group this week:

• Positive Sentiment: Q1 beat — Porch reported EPS of ($0.04) vs. consensus ($0.10) and revenue of $109.4M vs. est. ~$94M; Adjusted EBITDA was positive at $19.7M, signaling improved operating leverage. Read More.
• Positive Sentiment: Raised FY?2026 revenue guidance to $495M–$507M (above consensus), implying management confidence in near?term growth and underpinning the rally. Read More.
• Neutral Sentiment: Earnings resources — Full earnings presentation and the call transcript are available for investors who want details on revenue mix, unit economics and management commentary. Read More. · Read More.
• Neutral Sentiment: Insider sales disclosed — CEO Matt Ehrlichman, COO Matthew Neagle and CFO Shawn Tabak reported share sales on April 24 (large share counts); company and filings state the sales were to cover tax withholding tied to vested awards. Investors should note size but also that management still holds substantial positions. Read More. · Read More. · Read More.
• Negative Sentiment: Profitability concerns remain — GAAP net loss (~$4.7M in Q1), negative net margin and negative ROE mean Porch is still not consistently profitable; investors must weigh growth and EBITDA gains against continued GAAP losses. Read More.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Zacks Research raised Porch Group from a “strong sell” rating to a “hold” rating in a report on Friday, March 6th. Benchmark lifted their price objective on Porch Group from $21.00 to $22.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Keefe, Bruyette & Woods raised Porch Group from a “market perform” rating to an “outperform” rating and decreased their price objective for the stock from $13.00 to $10.50 in a report on Wednesday, February 11th. Seven analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $17.36.

Institutional Investors Weigh In On Porch Group

Several large investors have recently added to or reduced their stakes in the company. Invesco Ltd. grew its holdings in Porch Group by 448.4% during the 3rd quarter. Invesco Ltd. now owns 3,795,064 shares of the company’s stock valued at $63,681,000 after buying an additional 3,103,018 shares in the last quarter. Park West Asset Management LLC grew its holdings in Porch Group by 131.3% during the 4th quarter. Park West Asset Management LLC now owns 5,050,000 shares of the company’s stock valued at $46,106,000 after buying an additional 2,867,084 shares in the last quarter. Granahan Investment Management LLC grew its holdings in Porch Group by 20.3% during the 4th quarter. Granahan Investment Management LLC now owns 11,590,428 shares of the company’s stock valued at $105,821,000 after buying an additional 1,953,736 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Porch Group by 264.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,084,265 shares of the company’s stock valued at $9,899,000 after buying an additional 786,583 shares in the last quarter. Finally, Wellington Management Group LLP purchased a new position in Porch Group during the 3rd quarter valued at about $12,747,000. Hedge funds and other institutional investors own 48.48% of the company’s stock.

About Porch Group

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.