Porch Group (NASDAQ:PRCH) CEO Sells $937,856.62 in Stock

Porch Group, Inc. (NASDAQ:PRCH) CEO Matt Ehrlichman sold 115,642 shares of the business’s stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $8.11, for a total value of $937,856.62. Following the transaction, the chief executive officer directly owned 16,688,911 shares in the company, valued at $135,347,068.21. The trade was a 0.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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 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 NASDAQ PRCH opened at $10.31 on Friday. The company has a debt-to-equity ratio of 14.87, a current ratio of 1.28 and a quick ratio of 1.30. The stock’s fifty day moving average price is $7.68 and its two-hundred day moving average price is $9.31. Porch Group, Inc. has a one year low of $5.92 and a one year high of $19.44. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of -60.64 and a beta of 3.24.

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

Wall Street Analysts Forecast Growth

PRCH has been the topic of a number of research reports. Benchmark upped their price objective on Porch Group from $21.00 to $22.00 and gave the company a “buy” rating in a report on Wednesday. Zacks Research raised Porch Group from a “strong sell” rating to a “hold” rating in a report on Friday, March 6th. Finally, Keefe, Bruyette & Woods upgraded Porch Group from a “market perform” rating to an “outperform” rating and cut their target price for the company from $13.00 to $10.50 in a research report on Wednesday, February 11th. Seven research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $17.36.

More Porch Group News

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

• Positive Sentiment: Q1 beat and raised guidance — Porch reported Q1 revenue of $109.4M and an EPS loss smaller than consensus, and management raised FY2026 revenue guidance, which supports near?term revenue and margin optimism. Read More.
• Positive Sentiment: Analyst / institutional interest — Oppenheimer issued a buy note and several firms increased or initiated stakes (AQR, Goldman Sachs among others), which can improve sentiment and liquidity. Read More.
• Positive Sentiment: AI tailwinds for insurance unit — Coverage comparing Lemonade and Porch highlights how AI is being embedded into claims, underwriting and distribution; accelerating AI adoption could boost insurance margins and scalability over time. Read More.
• Neutral Sentiment: Risk disclosure status — Company filed an updated regulatory risk entry but did not add new material risks; investors should watch for follow?ups but there is no immediate new exposure disclosed. Read More.
• Negative Sentiment: Large insider sales — CEO Matt Ehrlichman, COO Matthew Neagle and CFO Shawn Tabak sold blocks of stock (filings show April 28 sales) primarily to cover tax withholding on vested awards. Even if routine, the size/timing can create near?term selling pressure and raise investor caution. Read More. • Read More. • Read More.
• Negative Sentiment: GAAP unprofitability persists — Porch still reported a small GAAP net loss (~$4.7M in Q1) and negative ROE/net margin, meaning valuation and execution risk remain even as adjusted metrics improve. Read More.

Institutional Trading of Porch Group

A number of institutional investors have recently modified their holdings of the stock. Hsbc Holdings PLC bought a new stake in shares of Porch Group during the 1st quarter valued at $266,000. SmartHarvest Portfolios LLC bought a new stake in shares of Porch Group during the 1st quarter valued at $108,000. Diversified Trust Co lifted its position in shares of Porch Group by 19.7% during the 1st quarter. Diversified Trust Co now owns 33,287 shares of the company’s stock valued at $239,000 after acquiring an additional 5,487 shares during the period. Osbon Capital Management LLC bought a new stake in shares of Porch Group during the 4th quarter valued at $25,000. Finally, Alpine Global Management LLC lifted its position in shares of Porch Group by 45.5% during the 4th quarter. Alpine Global Management LLC now owns 11,636 shares of the company’s stock valued at $106,000 after acquiring an additional 3,636 shares during the period. 48.48% of the stock is currently owned by institutional investors.

About Porch Group

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.