32,467 Shares in SelectQuote, Inc. (NYSE:SLQT) Bought by Lighthouse Investment Partners LLC

Lighthouse Investment Partners LLC purchased a new position in shares of SelectQuote, Inc. (NYSE:SLQT) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 32,467 shares of the company’s stock, valued at approximately $121,000.

Several other institutional investors have also bought and sold shares of the stock. Deutsche Bank AG grew its holdings in SelectQuote by 66.5% during the fourth quarter. Deutsche Bank AG now owns 111,887 shares of the company’s stock worth $416,000 after buying an additional 44,699 shares in the last quarter. Captrust Financial Advisors grew its holdings in SelectQuote by 5.0% during the fourth quarter. Captrust Financial Advisors now owns 1,542,010 shares of the company’s stock worth $5,736,000 after buying an additional 73,627 shares in the last quarter. Bayesian Capital Management LP bought a new stake in SelectQuote during the fourth quarter worth $55,000. Bank of America Corp DE grew its stake in SelectQuote by 15.8% in the 4th quarter. Bank of America Corp DE now owns 598,461 shares of the company’s stock valued at $2,226,000 after purchasing an additional 81,606 shares during the period. Finally, BNP Paribas Financial Markets bought a new position in SelectQuote in the 4th quarter valued at $180,000. Institutional investors own 34.59% of the company’s stock.

Insider Activity

In other news, insider Sarah Taylor Anderson sold 50,000 shares of the company’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $5.44, for a total transaction of $272,000.00. Following the transaction, the insider now owns 1,166 shares of the company’s stock, valued at $6,343.04. This represents a 97.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 11.40% of the company’s stock.

SelectQuote Stock Down 0.4%

Shares of NYSE:SLQT opened at $2.32 on Friday. The company has a market capitalization of $399.37 million, a PE ratio of -25.78 and a beta of 1.26. The company has a debt-to-equity ratio of 2.10, a current ratio of 6.36 and a quick ratio of 6.36. The business has a fifty day moving average price of $3.19 and a two-hundred day moving average price of $3.49. SelectQuote, Inc. has a 1 year low of $1.62 and a 1 year high of $6.86.

SelectQuote (NYSE:SLQT) last announced its quarterly earnings data on Monday, May 12th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01). The business had revenue of $408.16 million during the quarter, compared to the consensus estimate of $412.83 million. SelectQuote had a negative net margin of 0.95% and a negative return on equity of 4.38%. Analysts forecast that SelectQuote, Inc. will post -0.07 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Noble Financial upgraded SelectQuote to a “strong-buy” rating in a research note on Wednesday, February 12th.

About SelectQuote

SelectQuote, Inc operates a technology-enabled, direct-to-consumer distribution platform that sells a range of insurance products and healthcare services in the United States. The company operates through three segments: Senior; Life; and Auto & Home. It distributes senior health policies, such as medicare advantage, medicare supplement, medicare part D, and other ancillary senior health insurance related products, including prescription drugs, dental, vision, and hearing plans; life insurance products, such as term life, final expense, and other ancillary products, including critical illness, accidental death, and juvenile insurance; homeowners, auto, dwelling fire, and other ancillary insurance products; and non-commercial auto and home property, and casualty policies.