Insider Selling: Porch Group (NASDAQ:PRCH) Director Sells 10,284 Shares of Stock

Porch Group, Inc. (NASDAQ:PRCH – Get Free Report) Director Sean Davis Kell sold 10,284 shares of the company’s stock in a transaction dated Friday, October 30th. The shares were sold at an average price of $20.30, for a total transaction of $208,765.20. Following the sale, the director owned 292,863 shares in the company, valued at $5,945,118.90. This represents a 3.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sean Davis Kell also recently made the following trade(s):

  • On Thursday, October 29th, Sean Davis Kell sold 10,500 shares of Porch Group stock. The stock was sold at an average price of $20.00, for a total value of $210,000.00.

Porch Group Price Performance

Shares of NASDAQ:PRCH traded down $0.33 during midday trading on Friday, hitting $20.56. The company’s stock had a trading volume of 2,886,599 shares, compared to its average volume of 1,748,081. The business’s 50 day simple moving average is $17.16 and its 200 day simple moving average is $11.97. The company has a debt-to-equity ratio of 20.53, a quick ratio of 1.45 and a current ratio of 1.45. Porch Group, Inc. has a 12-month low of $6.36 and a 12-month high of $21.30. The company has a market cap of $2.71 billion, a P/E ratio of 257.00 and a beta of 3.18.

Porch Group (NASDAQ:PRCH – Get Free Report) last issued its earnings results on Wednesday, October 28th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.09. Porch Group had a net margin of 1.81% and a return on equity of 42.30%. The company had revenue of $143.86 million during the quarter, compared to analysts’ expectations of $134.65 million. On average, analysts forecast that Porch Group, Inc. will post -0.04 EPS for the current year.

More Porch Group News

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

  • Positive Sentiment: Third-quarter revenue reached $143.9 million, exceeding estimates of approximately $133.4 million, while earnings were $0.10 per share versus expectations for a $0.01 loss. The result also improved from a $0.10-per-share loss in the year-ago quarter. Porch Group Q3 earnings and revenue report
  • Positive Sentiment: Porch raised its fiscal 2026 revenue guidance to $518 million-$523 million, above the roughly $513.6 million analyst consensus, signaling continued confidence in its growth trajectory. Porch Group reports Q3 results and raises guidance
  • Positive Sentiment: Insurance Services revenue increased 39%, highlighting strong momentum in a key business segment. Management also outlined a 2027 baseline exceeding $900 million in written premium and $180 million in adjusted EBITDA following the Allied Trust transaction. Porch 2027 baseline outlook
  • Positive Sentiment: Oppenheimer raised its price target from $20 to $25 and maintained an Outperform rating, reflecting increased confidence after the earnings beat and improved guidance. Oppenheimer raises Porch price target

Wall Street Analysts Forecast Growth

A number of research firms recently commented on PRCH. Oppenheimer upped their price objective on Porch Group from $20.00 to $25.00 and gave the company an “outperform” rating in a report on Thursday. Zacks Research raised shares of Porch Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 15th. B. Riley Financial raised their price objective on shares of Porch Group from $21.00 to $24.00 and gave the stock a “buy” rating in a report on Wednesday, October 14th. Texas Capital raised shares of Porch Group to a “strong-buy” rating in a report on Tuesday, September 22nd. Finally, Keefe, Bruyette & Woods upped their price target on Porch Group from $16.25 to $16.50 and gave the stock a “market perform” rating in a research note on Thursday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $20.79.

Read Our Latest Research Report on Porch Group

Institutional Trading of Porch Group

Several institutional investors have recently modified their holdings of the stock. Integrity Alliance LLC. purchased a new position in shares of Porch Group in the 3rd quarter valued at about $732,000. State of Wyoming raised its holdings in shares of Porch Group by 213.3% during the 3rd quarter. State of Wyoming now owns 13,279 shares of the company’s stock valued at $221,000 after buying an additional 9,040 shares during the period. State of Alaska Department of Revenue increased its holdings in shares of Porch Group by 5.1% in the 3rd quarter. State of Alaska Department of Revenue now owns 40,723 shares of the company’s stock worth $678,000 after acquiring an additional 1,981 shares during the period. GAMMA Investing LLC boosted its position in Porch Group by 6.6% during the 3rd quarter. GAMMA Investing LLC now owns 12,503 shares of the company’s stock worth $208,000 after acquiring an additional 778 shares during the period. Finally, Integrated Wealth Concepts LLC bought a new stake in Porch Group in the second quarter worth $138,000. Institutional investors and hedge funds own 48.48% of the company’s stock.

Porch Group Company Profile

(Get Free Report)

Porch Group, Inc is a technology company that provides software and services for the residential home services industry. Its platform is designed to help businesses manage customer relationships, scheduling, communications, payments, marketing and other operational workflows.

The company serves professionals involved in the home-buying and home-maintenance ecosystem, including home inspection companies and other service providers. Its offerings have included specialized software platforms such as Inspection Support Network and Floify, which support inspection management and mortgage-related workflows, respectively.

Founded in 2012 by Matt Ehrlichman, Porch initially operated as a consumer-focused home improvement marketplace before expanding into vertical software and related services.

See Also

Insider Buying and Selling by Quarter for Porch Group (NASDAQ:PRCH)

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