Key Points
- Director Sean Davis Kell sold 10,284 Porch Group shares for approximately $208,765 at an average price of $20.30 under a pre-arranged Rule 10b5-1 plan, reducing his position by 3.39% to 292,863 shares.
- Porch Group reported quarterly revenue of about $143.9 million and earnings of $0.10 per share, beating estimates. The company also raised fiscal 2026 revenue guidance to $518 million–$523 million.
- Analyst sentiment remains positive, with Oppenheimer raising its price target to $25; Porch Group carries a consensus “Buy” rating and an average target price of $20.79.
Porch Group, Inc. (NASDAQ:PRCH - Get Free Report) Director Sean Davis Kell sold 10,284 shares of the business's stock in a transaction that occurred on Friday, October 30th. The stock was sold at an average price of $20.30, for a total transaction of $208,765.20. Following the completion of the transaction, the director owned 292,863 shares in the company, valued at $5,945,118.90. This trade represents a 3.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Sean Davis Kell also recently made the following trade(s):
- On Thursday, October 29th, Sean Davis Kell sold 10,500 shares of Porch Group stock. The stock was sold at an average price of $20.00, for a total transaction of $210,000.00.
Porch Group Price Performance
Shares of NASDAQ PRCH opened at $20.56 on Friday. Porch Group, Inc. has a twelve month low of $6.36 and a twelve month high of $21.30. The firm has a fifty day simple moving average of $17.23 and a 200 day simple moving average of $12.02. The company has a market capitalization of $2.71 billion, a PE ratio of 257.00 and a beta of 3.18. The company has a quick ratio of 1.45, a current ratio of 1.46 and a debt-to-equity ratio of 13.21.
Porch Group (NASDAQ:PRCH - Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The company reported $0.10 EPS for the quarter, beating analysts' consensus estimates of $0.01 by $0.09. Porch Group had a net margin of 1.81% and a return on equity of 39.28%. The business had revenue of $143.86 million for the quarter, compared to analysts' expectations of $134.65 million. On average, sell-side analysts forecast that Porch Group, Inc. will post -0.04 EPS for the current year.
Key Porch Group News
Here are the key news stories impacting Porch Group this week:
- Positive Sentiment: Third-quarter revenue reached $143.9 million, exceeding estimates of approximately $133.4 million, while earnings were $0.10 per share versus expectations for a $0.01 loss. The result also improved from a $0.10-per-share loss in the year-ago quarter. Porch Group Q3 earnings and revenue report
- Positive Sentiment: Porch raised its fiscal 2026 revenue guidance to $518 million-$523 million, above the roughly $513.6 million analyst consensus, signaling continued confidence in its growth trajectory. Porch Group reports Q3 results and raises guidance
- Positive Sentiment: Insurance Services revenue increased 39%, highlighting strong momentum in a key business segment. Management also outlined a 2027 baseline exceeding $900 million in written premium and $180 million in adjusted EBITDA following the Allied Trust transaction. Porch 2027 baseline outlook
- Positive Sentiment: Oppenheimer raised its price target from $20 to $25 and maintained an Outperform rating, reflecting increased confidence after the earnings beat and improved guidance. Oppenheimer raises Porch price target
Analysts Set New Price Targets
Several equities research analysts recently commented on the company. Texas Capital raised Porch Group to a "strong-buy" rating in a research note on Tuesday, September 22nd. Cantor Fitzgerald boosted their price target on Porch Group from $18.00 to $20.00 and gave the company an "overweight" rating in a research note on Friday, September 25th. B. Riley Financial increased their price target on Porch Group from $21.00 to $24.00 and gave the stock a "buy" rating in a report on Wednesday, October 14th. Weiss Ratings raised shares of Porch Group from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Wednesday, October 21st. Finally, Oppenheimer lifted their price objective on shares of Porch Group from $20.00 to $25.00 and gave the company an "outperform" rating in a research note on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, Porch Group has a consensus rating of "Buy" and a consensus target price of $20.79.
Read Our Latest Stock Analysis on Porch Group
Institutional Trading of Porch Group
Several hedge funds have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in shares of Porch Group in the 2nd quarter worth about $128,995,000. GC Wealth Management RIA LLC purchased a new stake in Porch Group in the 1st quarter valued at $29,230,000. Park West Asset Management LLC bought a new position in Porch Group during the 2nd quarter valued at $53,194,000. Jupiter Topco LLC bought a new position in Porch Group during the 2nd quarter valued at $21,979,000. Finally, Granahan Investment Management LLC lifted its stake in Porch Group by 9.4% during the 1st quarter. Granahan Investment Management LLC now owns 12,674,987 shares of the company's stock valued at $90,880,000 after acquiring an additional 1,084,559 shares in the last quarter. Institutional investors and hedge funds own 48.48% of the company's stock.
About Porch Group
(
Get Free Report)
Porch Group, Inc is a technology company that provides software and services for the residential home services industry. Its platform is designed to help businesses manage customer relationships, scheduling, communications, payments, marketing and other operational workflows.
The company serves professionals involved in the home-buying and home-maintenance ecosystem, including home inspection companies and other service providers. Its offerings have included specialized software platforms such as Inspection Support Network and Floify, which support inspection management and mortgage-related workflows, respectively.
Founded in 2012 by Matt Ehrlichman, Porch initially operated as a consumer-focused home improvement marketplace before expanding into vertical software and related services.
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