Porch Group (NASDAQ:PRCH) CFO Sells $110,662.30 in Stock

May 8, 2026 by InsiderTrades.com

Key Points

Porch COO Matthew Neagle sold 60,802 shares on May 5 at an average price of $10.43 for about $634,165 to cover tax withholding related to vested equity, leaving him with 2,236,922 shares (a 2.65% ownership decrease).
Neagle has executed a string of insider sales between April 2 and May 5, totaling roughly 554,000 shares, indicating sustained insider liquidation over the period.
PRCH opened at $11.28 (52-week range $6.36–$19.44) with a $1.4 billion market cap, and analysts hold a consensus "Moderate Buy" rating with a $16.69 average price target.

Porch Group, Inc. (NASDAQ:PRCH - Get Free Report) CFO Shawn Tabak sold 10,610 shares of the company's stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $10.43, for a total value of $110,662.30. Following the completion of the sale, the chief financial officer owned 342,405 shares of the company's stock, valued at $3,571,284.15. This represents a 3.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

4 Recent Earnings Winners Riding Fresh Momentum in May

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

On Friday, May 1st, Shawn Tabak sold 11,215 shares of Porch Group stock. The shares were sold at an average price of $9.79, for a total value of $109,794.85.
On Tuesday, April 28th, Shawn Tabak sold 10,454 shares of Porch Group stock. The shares were sold at an average price of $8.11, for a total value of $84,781.94.
On Friday, April 24th, Shawn Tabak sold 7,875 shares of Porch Group stock. The stock was sold at an average price of $7.68, for a total transaction of $60,480.00.
On Tuesday, April 21st, Shawn Tabak sold 7,730 shares of Porch Group stock. The stock was sold at an average price of $8.12, for a total transaction of $62,767.60.
On Friday, April 17th, Shawn Tabak sold 8,367 shares of Porch Group stock. The shares were sold at an average price of $7.87, for a total transaction of $65,848.29.
On Tuesday, April 14th, Shawn Tabak sold 17,697 shares of Porch Group stock. The shares were sold at an average price of $6.84, for a total transaction of $121,047.48.
On Thursday, April 9th, Shawn Tabak sold 7,734 shares of Porch Group stock. The stock was sold at an average price of $7.15, for a total transaction of $55,298.10.
On Tuesday, April 7th, Shawn Tabak sold 9,344 shares of Porch Group stock. The shares were sold at an average price of $7.19, for a total transaction of $67,183.36.

Porch Group Stock Performance

Shares of PRCH stock opened at $11.28 on Friday. The firm has a market cap of $1.40 billion, a price-to-earnings ratio of -66.35 and a beta of 3.24. The company's 50 day moving average is $7.89 and its 200 day moving average is $9.18. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 14.87. Porch Group, Inc. has a 52-week low of $6.36 and a 52-week high of $19.44.

Porch Group Stock Surges 76% in 2 Days – What’s Next?

Porch Group (NASDAQ:PRCH - Get Free Report) last posted its earnings results on Tuesday, April 28th. The company reported ($0.04) earnings per share for the quarter, topping analysts' consensus estimates of ($0.10) by $0.06. The company had revenue of $109.44 million during the quarter, compared to analyst estimates of $94.72 million. Porch Group had a negative return on equity of 115.59% and a negative net margin of 3.41%. On average, sell-side analysts anticipate that Porch Group, Inc. will post -0.04 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on PRCH. Stephens assumed coverage on shares of Porch Group in a research note on Monday. They issued an "overweight" rating and a $12.00 target price for the company. Zacks Research raised Porch Group from a "strong sell" rating to a "hold" rating in a research report on Friday, March 6th. Keefe, Bruyette & Woods upgraded Porch Group from a "market perform" rating to an "outperform" rating and decreased their price objective for the company from $13.00 to $10.50 in a report on Wednesday, February 11th. Finally, Benchmark raised their price objective on Porch Group from $21.00 to $22.00 and gave the stock a "buy" rating in a research report on Wednesday, April 29th. Eight investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $16.69.

Read Our Latest Stock Report on Porch Group

Porch Group News Summary

Here are the key news stories impacting Porch Group this week:

Positive Sentiment: Q1 results and business model update look constructive — management’s shift to a fee-and-commission (reciprocal fee) model appears to be validated by Q1: renewal-written premium (RWP) +18% YoY, Insurance Services revenue +50%, adjusted EBITDA margin ~18% and raised full‑year guidance — a combination that supports improving profitability and a re-rating case. Porch Group: The Reciprocal Fee Model The Market Is Still Mispricing
Positive Sentiment: Analyst support and higher price targets — several firms have recently lifted coverage/targets (Benchmark raised its target and gave a Buy; Stephens initiated with Overweight), supporting upside narrative and institutional interest. MarketBeat PRCH Analyst Notes
Neutral Sentiment: Insider sales disclosed as tax-related — multiple Form 4 filings show CEO, COO and CFO sold shares in early May; company filings state many of these sales were to cover tax withholding on vested awards, which can be routine. Insider Selling: Porch Group COO Sells 60,802 Shares
Negative Sentiment: Scale and pace of insider selling may create near-term selling pressure — the CEO (Matt Ehrlichman), COO (Matthew Neagle) and CFO (Shawn Tabak) have sold large blocks repeatedly in recent weeks (six-figure and seven-figure transactions), which investors often view as a negative signal even when explained as tax-related. Matt Ehrlichman Sells 124,089 Shares
Negative Sentiment: Company still carries operational/financial risks — negative net margin and a high debt-to-equity ratio remain headwinds; continued execution is required to sustain the valuation gap vs. peers. MarketBeat PRCH Profile

Institutional Trading of Porch Group

Several large investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its stake in Porch Group by 42.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,540,082 shares of the company's stock valued at $11,040,000 after purchasing an additional 455,817 shares in the last quarter. Swiss National Bank lifted its stake in shares of Porch Group by 23.4% during the first quarter. Swiss National Bank now owns 165,000 shares of the company's stock worth $1,183,000 after buying an additional 31,300 shares during the period. Emerald Mutual Fund Advisers Trust grew its holdings in shares of Porch Group by 42.3% during the first quarter. Emerald Mutual Fund Advisers Trust now owns 56,315 shares of the company's stock valued at $404,000 after buying an additional 16,738 shares during the last quarter. Chicago Partners Investment Group LLC acquired a new position in shares of Porch Group in the 1st quarter valued at $265,000. Finally, Hsbc Holdings PLC acquired a new position in shares of Porch Group in the 1st quarter valued at $266,000. Hedge funds and other institutional investors own 48.48% of the company's stock.

About Porch Group

(Get Free Report)

Porch Group, Inc operates a technology-driven home services platform designed to connect homeowners with professional contractors, maintenance providers and home improvement specialists. Through its online marketplace and proprietary software solutions, Porch enables users to research, compare and book services ranging from home repairs and remodeling to maintenance and renovations. The company's platform integrates detailed provider profiles, customer reviews and real-time appointment scheduling to streamline the process of sourcing and managing home projects.

In addition to its core marketplace, Porch offers software products tailored for service professionals.