Porch Group (NASDAQ:PRCH) Stock: Insider Shawn Tabak Sells 30,000 Shares

Porch Group, Inc. (NASDAQ:PRCH) CFO Shawn Tabak sold 30,000 shares of the firm’s stock in a transaction on Thursday, October 29th. The shares were sold at an average price of $21.02, for a total value of $630,600.00. Following the completion of the transaction, the chief financial officer owned 176,059 shares of the company’s stock, valued at approximately $3,700,760.18. This represents a 14.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Shawn Tabak also recently made the following trade(s):

• On Tuesday, October 6th, Shawn Tabak sold 6,690 shares of Porch Group stock. The shares were sold at an average price of $17.35, for a total value of $116,071.50.
• On Monday, October 5th, Shawn Tabak sold 2,746 shares of Porch Group stock. The stock was sold at an average price of $16.83, for a total transaction of $46,215.18.
• On Wednesday, August 5th, Shawn Tabak sold 25,000 shares of Porch Group stock. The stock was sold at an average price of $16.21, for a total value of $405,250.00.

Porch Group Stock Performance

Shares of PRCH stock traded down $0.33 during trading on Friday, reaching $20.56. 2,886,599 shares of the company’s stock were exchanged, compared to its average volume of 1,748,081. The firm’s fifty day moving average price is $17.16 and its 200-day moving average price is $11.97. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 20.53. Porch Group, Inc. has a twelve month low of $6.36 and a twelve month high of $21.30. The stock has a market capitalization of $2.71 billion, a PE ratio of 257.00 and a beta of 3.18.

Porch Group (NASDAQ:PRCH) last issued its quarterly 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 return on equity of 42.30% and a net margin of 1.81%. The firm had revenue of $143.86 million during the quarter, compared to the consensus estimate of $134.65 million. As a group, sell-side analysts anticipate that Porch Group, Inc. will post -0.04 EPS for the current year.

Key Stories Impacting Porch Group

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

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. BlackRock Inc. acquired a new position in shares of Porch Group during the second quarter valued at about $128,995,000. Granahan Investment Management LLC boosted its position in shares of Porch Group by 9.4% during the 1st quarter. Granahan Investment Management LLC now owns 12,674,987 shares of the company’s stock worth $90,880,000 after purchasing an additional 1,084,559 shares in the last quarter. Park West Asset Management LLC bought a new position in Porch Group in the 2nd quarter worth approximately $53,194,000. GC Wealth Management RIA LLC purchased a new stake in Porch Group during the 1st quarter valued at about $29,230,000. Finally, Jupiter Topco LLC purchased a new stake in Porch Group during the 2nd quarter valued at $21,979,000. Hedge funds and other institutional investors own 48.48% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Craig Hallum set a $25.00 price objective on Porch Group in a research report on Thursday. Keefe, Bruyette & Woods lifted their price objective on shares of Porch Group from $16.25 to $16.50 and gave the stock a “market perform” rating in a research note on Thursday, July 30th. Oppenheimer increased their price objective on shares of Porch Group from $20.00 to $25.00 and gave the stock an “outperform” rating in a research report on Thursday. B. Riley Financial boosted their price objective on Porch Group from $21.00 to $24.00 and gave the stock a “buy” rating in a report on Wednesday, October 14th. Finally, Benchmark raised their price target on shares of Porch Group from $22.00 to $23.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Porch Group has a consensus rating of “Buy” and a consensus target price of $20.79.

Porch Group Company Profile

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.