Recent Research Analysts’ Ratings Changes for Porch Group (PRCH)

A number of research firms have changed their ratings and price targets for Porch Group (NASDAQ: PRCH):

• 3/3/2025 – Porch Group had its price target raised by analysts at Keefe, Bruyette & Woods from $3.50 to $6.00. They now have a “market perform” rating on the stock.
• 2/26/2025 – Porch Group had its price target raised by analysts at Oppenheimer Holdings Inc. from $7.00 to $8.00. They now have an “outperform” rating on the stock.
• 2/26/2025 – Porch Group had its price target raised by analysts at Benchmark Co. from $7.00 to $10.00. They now have a “buy” rating on the stock.
• 2/26/2025 – Porch Group was upgraded by analysts at Loop Capital from a “hold” rating to a “buy” rating. They now have a $6.00 price target on the stock.

Porch Group Stock Up 6.2 %

NASDAQ:PRCH traded up $0.42 during trading hours on Wednesday, reaching $7.19. 1,892,830 shares of the company’s stock were exchanged, compared to its average volume of 2,222,334. The company has a market capitalization of $859.52 million, a P/E ratio of -10.27 and a beta of 2.03. Porch Group, Inc. has a 12 month low of $1.05 and a 12 month high of $7.30. The business’s 50-day simple moving average is $4.92 and its two-hundred day simple moving average is $3.36.

Insider Activity

In related news, CFO Shawn Tabak sold 21,774 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $6.00, for a total value of $130,644.00. Following the completion of the sale, the chief financial officer now owns 287,839 shares in the company, valued at approximately $1,727,034. This represents a 7.03 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 23.46% of the stock is currently owned by company insiders.

Institutional Trading of Porch Group

Several large investors have recently added to or reduced their stakes in the company. Jefferies Financial Group Inc. purchased a new stake in shares of Porch Group during the fourth quarter worth $4,135,000. Squarepoint Ops LLC acquired a new stake in shares of Porch Group during the 4th quarter worth approximately $57,000. Two Sigma Advisers LP increased its holdings in Porch Group by 44.1% in the 4th quarter. Two Sigma Advisers LP now owns 123,600 shares of the company’s stock valued at $608,000 after buying an additional 37,800 shares during the period. Two Sigma Investments LP boosted its stake in Porch Group by 1,564.1% in the 4th quarter. Two Sigma Investments LP now owns 197,127 shares of the company’s stock valued at $970,000 after buying an additional 185,281 shares in the last quarter. Finally, ProShare Advisors LLC raised its stake in Porch Group by 51.0% during the fourth quarter. ProShare Advisors LLC now owns 22,238 shares of the company’s stock worth $109,000 after acquiring an additional 7,506 shares in the last quarter. 48.48% of the stock is owned by institutional investors and hedge funds.

Porch Group, Inc, together with its subsidiaries, operates a vertical software and insurance platform in the United States. The company operates in two segments, Vertical Software and Insurance. The Vertical Software segment provides software and services to inspection, mortgage, and title companies on a subscription and transactional basis, as well as move and post-move services.