Insider Selling: Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) Major Shareholder Sells 60,077 Shares of Stock

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) major shareholder 2019 Gp L.L.C. Gv sold 60,077 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $23.01, for a total transaction of $1,382,371.77. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

2019 Gp L.L.C. Gv also recently made the following trade(s):

• On Friday, May 15th, 2019 Gp L.L.C. Gv sold 87,475 shares of Ethos Technologies Inc. Class A Common Stock stock. The stock was sold at an average price of $23.75, for a total transaction of $2,077,531.25.

Ethos Technologies Inc. Class A Common Stock Price Performance

Shares of LIFE traded down $0.99 on Monday, reaching $20.72. 318,114 shares of the company’s stock were exchanged, compared to its average volume of 538,732. Ethos Technologies Inc. Class A Common Stock has a 12 month low of $9.45 and a 12 month high of $32.50.

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) last issued its earnings results on Tuesday, March 17th. The company reported $0.42 EPS for the quarter. The firm had revenue of $110.08 million during the quarter.

Analyst Upgrades and Downgrades

LIFE has been the subject of several research reports. Weiss Ratings raised shares of Ethos Technologies Inc. Class A Common Stock from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Wall Street Zen cut shares of Ethos Technologies Inc. Class A Common Stock from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Citizens Jmp raised their target price on shares of Ethos Technologies Inc. Class A Common Stock from $21.00 to $27.00 and gave the stock a “market outperform” rating in a research note on Thursday, May 7th. Finally, Barclays raised their target price on shares of Ethos Technologies Inc. Class A Common Stock from $20.00 to $27.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $27.00.

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.