Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) CAO Sells $2,704,839.48 in Stock

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) CAO Brandt Walter Kucharski sold 77,436 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $34.93, for a total transaction of $2,704,839.48. Following the completion of the transaction, the chief accounting officer owned 105,994 shares of the company’s stock, valued at $3,702,370.42. This represents a 42.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Brandt Walter Kucharski also recently made the following trade(s):

• On Monday, August 17th, Brandt Walter Kucharski sold 5,611 shares of Ethos Technologies Inc. Class A Common Stock stock. The stock was sold at an average price of $34.26, for a total transaction of $192,232.86.

Ethos Technologies Inc. Class A Common Stock Price Performance

LIFE stock opened at $33.52 on Friday. The stock’s 50-day moving average is $22.13. The company has a market cap of $2.14 billion and a P/E ratio of -11.76. Ethos Technologies Inc. Class A Common Stock has a 52 week low of $9.45 and a 52 week high of $35.69.

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) last posted its quarterly earnings data on Monday, August 3rd. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.34. The company had revenue of $189.56 million during the quarter. The firm’s revenue was up 113.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Ethos Technologies Inc. Class A Common Stock will post -2.13 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on LIFE. Weiss Ratings lowered Ethos Technologies Inc. Class A Common Stock from a “hold (c)” rating to a “sell (d)” rating in a research note on Tuesday, May 26th. Barclays boosted their price objective on Ethos Technologies Inc. Class A Common Stock from $27.00 to $37.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. JPMorgan Chase & Co. upped their price objective on Ethos Technologies Inc. Class A Common Stock from $21.50 to $23.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Robert W. Baird raised their target price on Ethos Technologies Inc. Class A Common Stock from $26.00 to $32.00 and gave the company an “outperform” rating in a research note on Tuesday, August 4th. Finally, Citizens Jmp lifted their target price on Ethos Technologies Inc. Class A Common Stock from $27.00 to $33.00 and gave the stock a “market outperform” rating in a report on Tuesday, August 4th. Six investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $32.29.

Institutional Investors Weigh In On Ethos Technologies Inc. Class A Common Stock

An institutional investor recently bought a new stake in Ethos Technologies Inc. Class A Common Stock stock. Philadelphia Investment Partners LLC purchased a new stake in Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 3,847 shares of the company’s stock, valued at approximately $69,000. Institutional investors and hedge funds own 61.72% of the company’s stock.

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.