EntryPoint Capital LLC Makes New Investment in SelectQuote, Inc. $SLQT

EntryPoint Capital LLC acquired a new position in shares of SelectQuote, Inc. (NYSE:SLQT) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 84,796 shares of the company’s stock, valued at approximately $283,000.

Other hedge funds also recently added to or reduced their stakes in the company. Virtu Financial LLC acquired a new position in SelectQuote during the 1st quarter worth $34,000. Xponance Inc. acquired a new position in SelectQuote during the 1st quarter worth $34,000. Johnson Investment Counsel Inc. acquired a new position in SelectQuote during the 1st quarter worth $35,000. Kapitalo Investimentos Ltda bought a new position in shares of SelectQuote in the 1st quarter worth about $35,000. Finally, Nations Financial Group Inc. IA ADV bought a new position in shares of SelectQuote in the 1st quarter worth about $40,000. 34.59% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of SelectQuote from a “buy” rating to a “hold” rating in a research report on Sunday, June 22nd. Royal Bank Of Canada reduced their price target on shares of SelectQuote from $7.00 to $6.00 and set a “sector perform” rating on the stock in a research report on Tuesday, August 5th. Finally, Jefferies Financial Group assumed coverage on shares of SelectQuote in a research report on Wednesday, May 21st. They issued a “hold” rating and a $2.75 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, SelectQuote presently has a consensus rating of “Moderate Buy” and an average price target of $4.42.

SelectQuote Trading Up 4.4%

Shares of NYSE:SLQT opened at $2.7050 on Friday. The company has a market cap of $467.21 million, a PE ratio of 54.10 and a beta of 1.22. The company’s 50-day moving average price is $2.16 and its 200 day moving average price is $2.95. SelectQuote, Inc. has a fifty-two week low of $1.62 and a fifty-two week high of $6.86. The company has a quick ratio of 6.46, a current ratio of 5.68 and a debt-to-equity ratio of 0.90.

SelectQuote (NYSE:SLQT) last issued its quarterly earnings data on Thursday, August 21st. The company reported ($0.17) earnings per share for the quarter, beating the consensus estimate of ($0.18) by $0.01. The firm had revenue of $345.10 million for the quarter, compared to the consensus estimate of $334.09 million. SelectQuote had a net margin of 3.12% and a return on equity of 6.35%. SelectQuote has set its FY 2026 guidance at EPS. Sell-side analysts anticipate that SelectQuote, Inc. will post -0.07 earnings per share for the current year.

SelectQuote Company Profile

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.