Porch Group (NASDAQ:PRCH) CEO Sells $1,214,831.31 in Stock

Posted by Alphonse Anthony on May 5th, 2026

Porch Group, Inc. (NASDAQ:PRCH – Get Free Report) CEO Matt Ehrlichman sold 124,089 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $9.79, for a total value of $1,214,831.31. Following the completion of the sale, the chief executive officer directly owned 16,564,822 shares in the company, valued at $162,169,607.38. This represents a 0.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Matt Ehrlichman also recently made the following trade(s):

On Tuesday, April 28th, Matt Ehrlichman sold 115,642 shares of Porch Group stock. The shares were sold at an average price of $8.11, for a total value of $937,856.62.
On Friday, April 24th, Matt Ehrlichman sold 123,518 shares of Porch Group stock. The shares were sold at an average price of $7.68, for a total value of $948,618.24.
On Tuesday, April 21st, Matt Ehrlichman sold 121,242 shares of Porch Group stock. The shares were sold at an average price of $8.12, for a total value of $984,485.04.
On Friday, April 17th, Matt Ehrlichman sold 113,862 shares of Porch Group stock. The shares were sold at an average price of $7.87, for a total value of $896,093.94.
On Tuesday, April 14th, Matt Ehrlichman sold 145,882 shares of Porch Group stock. The shares were sold at an average price of $6.84, for a total value of $997,832.88.
On Thursday, April 9th, Matt Ehrlichman sold 121,293 shares of Porch Group stock. The shares were sold at an average price of $7.15, for a total value of $867,244.95.
On Tuesday, April 7th, Matt Ehrlichman sold 71,167 shares of Porch Group stock. The shares were sold at an average price of $7.19, for a total value of $511,690.73.
On Thursday, April 2nd, Matt Ehrlichman sold 6,988 shares of Porch Group stock. The shares were sold at an average price of $6.98, for a total value of $48,776.24.

Porch Group Stock Performance

Shares of PRCH traded up $0.87 during trading hours on Tuesday, reaching $11.23. 3,267,035 shares of the company’s stock traded hands, compared to its average volume of 1,726,196. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of -66.05 and a beta of 3.24. The company has a debt-to-equity ratio of 14.87, a current ratio of 1.28 and a quick ratio of 1.28. Porch Group, Inc. has a twelve month low of $6.02 and a twelve month high of $19.44. The business’s fifty day simple moving average is $7.68 and its two-hundred day simple moving average is $9.26.

Porch Group (NASDAQ:PRCH – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The company reported ($0.04) EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.06. The company had revenue of $109.44 million for the quarter, compared to analyst estimates of $94.72 million. Porch Group had a negative return on equity of 115.59% and a negative net margin of 3.41%. Analysts predict that Porch Group, Inc. will post -0.04 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently issued reports on PRCH. Zacks Research raised Porch Group from a “strong sell” rating to a “hold” rating in a report on Friday, March 6th. Benchmark lifted their target price on Porch Group from $21.00 to $22.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Stephens began coverage on Porch Group in a report on Monday. They set an “overweight” rating and a $12.00 target price on the stock. Finally, Keefe, Bruyette & Woods raised Porch Group from a “market perform” rating to an “outperform” rating and lowered their target price for the stock from $13.00 to $10.50 in a report on Wednesday, February 11th. Eight equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $16.69.

Get Our Latest Stock Analysis on Porch Group

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Osbon Capital Management LLC purchased a new position in Porch Group in the 4th quarter worth about $25,000. Aster Capital Management DIFC Ltd raised its holdings in Porch Group by 956.3% during the 3rd quarter. Aster Capital Management DIFC Ltd now owns 1,521 shares of the company’s stock worth $26,000 after buying an additional 1,377 shares during the period. Larson Financial Group LLC raised its holdings in Porch Group by 444.8% during the 3rd quarter. Larson Financial Group LLC now owns 1,836 shares of the company’s stock worth $31,000 after buying an additional 1,499 shares during the period. Kemnay Advisory Services Inc. acquired a new stake in Porch Group during the 4th quarter worth about $38,000. Finally, RiverPark Advisors LLC acquired a new stake in Porch Group during the 3rd quarter worth about $39,000. 48.48% of the stock is owned by institutional investors and hedge funds.

About Porch Group

(Get Free Report)

Porch Group, Inc operates a technology-driven home services platform designed to connect homeowners with professional contractors, maintenance providers and home improvement specialists. Through its online marketplace and proprietary software solutions, Porch enables users to research, compare and book services ranging from home repairs and remodeling to maintenance and renovations. The company’s platform integrates detailed provider profiles, customer reviews and real-time appointment scheduling to streamline the process of sourcing and managing home projects.

In addition to its core marketplace, Porch offers software products tailored for service professionals.