Key Points
- Major shareholder 2019 Gp L.L.C. Gv sold 60,077 shares of Ethos Technologies (NASDAQ:LIFE) on May 14 at an average price of $23.01, totaling about $1.38 million.
- The same shareholder also sold 87,475 shares on May 15 at an average price of $23.75, bringing the recent disclosed insider sales to more than $3.45 million combined.
- Ethos shares were down 4.6% and last traded at $20.72, while analysts remain mixed but overall rate the stock a Moderate Buy with a consensus price target of $27.00.
Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE - Get Free Report) major shareholder 2019 Gp L.L.C. Gv sold 60,077 shares of the firm's stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $23.01, for a total transaction of $1,382,371.77. The sale was disclosed in a legal filing with the SEC, which is available through this link. Major shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.
2019 Gp L.L.C. Gv also recently made the following trade(s):
- On Friday, May 15th, 2019 Gp L.L.C. Gv sold 87,475 shares of Ethos Technologies Inc. Class A Common Stock stock. The stock was sold at an average price of $23.75, for a total transaction of $2,077,531.25.
Ethos Technologies Inc. Class A Common Stock Trading Down 4.6%
Shares of Ethos Technologies Inc. Class A Common Stock stock opened at $20.72 on Tuesday. Ethos Technologies Inc. Class A Common Stock has a 1 year low of $9.45 and a 1 year high of $32.50.
Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE - Get Free Report) last issued its quarterly earnings data on Tuesday, March 17th. The company reported $0.42 earnings per share (EPS) for the quarter. The business had revenue of $110.08 million for the quarter.
Wall Street Analyst Weigh In
Several brokerages have weighed in on LIFE. Weiss Ratings upgraded Ethos Technologies Inc. Class A Common Stock from a "hold (c-)" rating to a "hold (c)" rating in a research note on Monday, May 11th. Wall Street Zen downgraded Ethos Technologies Inc. Class A Common Stock from a "hold" rating to a "sell" rating in a research note on Saturday, May 9th. Citizens Jmp lifted their target price on Ethos Technologies Inc. Class A Common Stock from $21.00 to $27.00 and gave the company a "market outperform" rating in a research note on Thursday, May 7th. Finally, Barclays lifted their target price on Ethos Technologies Inc. Class A Common Stock from $20.00 to $27.00 and gave the company an "overweight" rating in a research note on Friday, May 8th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $27.00.
Read Our Latest Stock Report on Ethos Technologies Inc. Class A Common Stock
Ethos Technologies Inc. Class A Common Stock Company Profile
(
Get Free Report)
Ethos Technologies Inc operates a technology-driven, direct-to-consumer platform for the distribution of life insurance products. Through its digital underwriting, data analytics, and proprietary technology, it enables consumers to explore, compare, and purchase life insurance policies online. The platform serves consumers, agents, and insurance carriers, and supports the application and policy issuance process through an online interface. The company works with insurance carriers to offer life insurance products in the United States through digital channels and independent agents.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
