SelectQuote, Inc. (NYSE:SLQT) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. reduced its position in shares of SelectQuote, Inc. (NYSE:SLQT) by 1.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,862,250 shares of the company’s stock after selling 120,234 shares during the period. Vanguard Group Inc. owned approximately 4.06% of SelectQuote worth $13,724,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in SLQT. Headlands Technologies LLC acquired a new position in shares of SelectQuote during the 1st quarter worth $36,000. Blue Zone Wealth Advisors LLC acquired a new position in SelectQuote during the first quarter worth $92,000. TriaGen Wealth Management LLC boosted its position in SelectQuote by 24.7% during the first quarter. TriaGen Wealth Management LLC now owns 50,500 shares of the company’s stock worth $101,000 after purchasing an additional 10,000 shares in the last quarter. Finally, CreativeOne Wealth LLC grew its holdings in SelectQuote by 34.1% in the fourth quarter. CreativeOne Wealth LLC now owns 102,158 shares of the company’s stock valued at $140,000 after purchasing an additional 26,000 shares during the last quarter. Hedge funds and other institutional investors own 34.59% of the company’s stock.

SelectQuote Price Performance

SelectQuote stock opened at $3.13 on Wednesday. The firm has a market capitalization of $528.63 million, a PE ratio of -9.77 and a beta of 1.08. SelectQuote, Inc. has a 52 week low of $1.03 and a 52 week high of $4.46. The firm’s 50-day simple moving average is $3.27 and its 200 day simple moving average is $2.42. The company has a quick ratio of 6.34, a current ratio of 6.34 and a debt-to-equity ratio of 1.87.

SelectQuote Profile

SelectQuote, Inc operates a technology-enabled, direct-to-consumer distribution platform that sells a range of insurance products and healthcare services in the United States. The company operates through three segments: Senior; Life; and Auto & Home. It distributes senior health policies, such as medicare advantage, medicare supplement, medicare part D, and other ancillary senior health insurance related products, including prescription drugs, dental, vision, and hearing plans; life insurance products, such as term life, final expense, and other ancillary products, including critical illness, accidental death, and juvenile insurance; homeowners, auto, dwelling fire, and other ancillary insurance products; and non-commercial auto and home property, and casualty policies.