Porch Group (NASDAQ: PRCH) recently received a number of ratings updates from brokerages and research firms:
- 8/3/2026 – Porch Group had its price target raised by B. Riley Financial, Inc. from $19.00 to $21.00. They now have a “buy” rating on the stock.
- 7/30/2026 – Porch Group was upgraded by Weiss Ratings from “sell (d-)” to “sell (d+)”.
- 7/30/2026 – Porch Group had its price target raised by Benchmark Co. from $22.00 to $23.00. They now have a “buy” rating on the stock.
- 7/30/2026 – Porch Group had its price target raised by Cantor Fitzgerald from $13.00 to $18.00. They now have an “overweight” rating on the stock.
- 7/30/2026 – Porch Group had its price target raised by Keefe, Bruyette & Woods from $16.25 to $16.50. They now have a “market perform” rating on the stock.
- 7/13/2026 – Porch Group had its “market perform” rating reaffirmed by Keefe, Bruyette & Woods. They now have a $16.25 price target on the stock, up from $13.00.
- 7/12/2026 – Porch Group was downgraded by Keefe, Bruyette & Woods from “outperform” to “market perform”. They now have a $16.25 price target on the stock, up from $13.00.
Insider Activity
In other news, CFO Shawn Tabak sold 25,000 shares of the company’s stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $16.13, for a total value of $403,250.00. Following the completion of the transaction, the chief financial officer directly owned 240,495 shares in the company, valued at approximately $3,879,184.35. This represents a 9.42% 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 this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Matthew Neagle sold 62,344 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $9.78, for a total transaction of $609,724.32. Following the sale, the chief operating officer directly owned 1,990,705 shares of the company’s stock, valued at approximately $19,469,094.90. The trade was a 3.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 636,430 shares of company stock worth $6,646,889. 27.78% of the stock is currently owned by corporate insiders.
In addition to its core marketplace, Porch offers software products tailored for service professionals.
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