Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE - Get Free Report) major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business's stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Large shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.
2019 Gp L.L.C. Gv also recently made the following trade(s):
- On Monday, July 27th, 2019 Gp L.L.C. Gv sold 196,931 shares of Ethos Technologies Inc. Class A Common Stock stock. The shares were sold at an average price of $19.46, for a total value of $3,832,277.26.
- On Monday, July 20th, 2019 Gp L.L.C. Gv sold 18,386 shares of Ethos Technologies Inc. Class A Common Stock stock. The shares were sold at an average price of $18.87, for a total value of $346,943.82.
- On Friday, July 17th, 2019 Gp L.L.C. Gv sold 20,534 shares of Ethos Technologies Inc. Class A Common Stock stock. The shares were sold at an average price of $18.68, for a total value of $383,575.12.
- On Friday, July 24th, 2019 Gp L.L.C. Gv sold 23,417 shares of Ethos Technologies Inc. Class A Common Stock stock. The stock was sold at an average price of $18.88, for a total value of $442,112.96.
- On Thursday, July 23rd, 2019 Gp L.L.C. Gv sold 63,297 shares of Ethos Technologies Inc. Class A Common Stock stock. The stock was sold at an average price of $19.06, for a total value of $1,206,440.82.
- 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.
- On Thursday, May 14th, 2019 Gp L.L.C. Gv sold 60,077 shares of Ethos Technologies Inc. Class A Common Stock stock. The stock was sold at an average price of $23.01, for a total transaction of $1,382,371.77.
Ethos Technologies Inc. Class A Common Stock Price Performance
Shares of LIFE opened at $19.84 on Thursday. Ethos Technologies Inc. Class A Common Stock has a 1-year low of $9.45 and a 1-year high of $32.50. The stock has a market capitalization of $1.25 billion and a P/E ratio of -6.30. The company has a 50 day moving average of $18.25.
Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE - Get Free Report) last issued its quarterly earnings results on Tuesday, March 17th. The company reported $0.42 EPS for the quarter. The company had revenue of $110.08 million during the quarter.
Wall Street Analyst Weigh In
A number of research analysts recently commented on the company. Wall Street Zen cut 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 upped their price objective on Ethos Technologies Inc. Class A Common Stock from $21.00 to $27.00 and gave the stock a "market outperform" rating in a report on Thursday, May 7th. Weiss Ratings lowered Ethos Technologies Inc. Class A Common Stock from a "hold (c)" rating to a "sell (d)" rating in a research report on Tuesday, May 26th. JPMorgan Chase & Co. raised their price objective on Ethos Technologies Inc. Class A Common Stock from $21.50 to $23.00 and gave the company an "overweight" rating in a report on Monday, July 13th. Finally, Barclays boosted their target price on Ethos Technologies Inc. Class A Common Stock from $20.00 to $27.00 and gave the stock an "overweight" rating in a research report on Friday, May 8th. Three analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Ethos Technologies Inc. Class A Common Stock has a consensus rating of "Moderate Buy" and a consensus target price of $25.67.
Check Out Our Latest Report on LIFE
Key Stories Impacting Ethos Technologies Inc. Class A Common Stock
Here are the key news stories impacting Ethos Technologies Inc. Class A Common Stock this week:
- Positive Sentiment: Analyst sentiment remains broadly favorable. JPMorgan raised its price target to $23, while Barclays and Citizens JMP each set targets of $27. The consensus rating is “Moderate Buy,” with an average price target of $25.67, implying meaningful upside from recent trading levels. Analyst coverage and consensus
- Neutral Sentiment: Ethos Technologies’ latest reported quarter included $110.08 million in revenue and earnings of $0.42 per share. However, the results were reported in March and provide limited insight into the company’s current operating momentum.
- Negative Sentiment: Major shareholder 2019 GP L.L.C. GV sold 118,138 shares for approximately $2.23 million on July 28 and another 196,931 shares for approximately $3.83 million on July 27. Combined with previously disclosed sales on July 17, 20, 23, and 24, the shareholder sold roughly 440,700 shares worth $8.44 million at prices between $18.68 and $19.46. The transactions were disclosed in SEC Form 4 filings. SEC insider-sale filing
- Negative Sentiment: The repeated sales by a shareholder owning at least 10% of the company may raise concerns about insider confidence or add supply pressure, even though such transactions can also reflect portfolio management rather than a change in business fundamentals. Two rating services previously downgraded LIFE to “Sell,” adding a cautious counterpoint to the larger analysts’ bullish view.
About Ethos Technologies Inc. Class A Common Stock
(
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.
See Also
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].
