Porch Group (NASDAQ:PRCH) CFO Shawn Tabak Sells 30,000 Shares of Company Stock

Porch Group, Inc. (NASDAQ:PRCH) CFO Shawn Tabak sold 30,000 shares of the firm’s stock in a transaction on Thursday, October 29th. The stock was sold at an average price of $21.02, for a total value of $630,600.00. Following the transaction, the chief financial officer owned 176,059 shares in the company, valued at $3,700,760.18. This trade represents a 14.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, October 6th, Shawn Tabak sold 6,690 shares of Porch Group stock. The shares were sold at an average price of $17.35, for a total transaction of $116,071.50.
• On Monday, October 5th, Shawn Tabak sold 2,746 shares of Porch Group stock. The stock was sold at an average price of $16.83, for a total value of $46,215.18.
• On Wednesday, August 5th, Shawn Tabak sold 25,000 shares of Porch Group stock. The stock was sold at an average price of $16.21, for a total value of $405,250.00.

Porch Group Stock Performance

Shares of PRCH opened at $20.56 on Friday. The firm has a fifty day moving average of $17.23 and a 200-day moving average of $12.02. The company has a market cap of $2.71 billion, a price-to-earnings ratio of 257.00 and a beta of 3.18. The company has a debt-to-equity ratio of 13.21, a quick ratio of 1.45 and a current ratio of 1.46. Porch Group, Inc. has a 1 year low of $6.36 and a 1 year high of $21.30.

Porch Group (NASDAQ:PRCH) last released its quarterly earnings data on Wednesday, October 28th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.09. The business had revenue of $143.86 million for the quarter, compared to analysts’ expectations of $134.65 million. Porch Group had a net margin of 1.81% and a return on equity of 39.28%. As a group, equities analysts anticipate that Porch Group, Inc. will post -0.04 earnings per share for the current year.

Trending Headlines about Porch Group

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

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Granahan Investment Management LLC raised its holdings 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 worth $90,880,000 after buying an additional 1,084,559 shares during the period. BlackRock Inc. acquired a new stake in shares of Porch Group during the 2nd quarter valued at $128,995,000. GC Wealth Management RIA LLC purchased a new position in shares of Porch Group during the 1st quarter valued at $29,230,000. Park West Asset Management LLC acquired a new position in shares of Porch Group in the second quarter worth $53,194,000. Finally, Dimensional Fund Advisors LP increased its stake in shares of Porch Group by 42.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,540,082 shares of the company’s stock worth $11,040,000 after acquiring an additional 455,817 shares during the last quarter. 48.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Weiss Ratings upgraded Porch Group from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, October 21st. Texas Capital raised Porch Group to a “strong-buy” rating in a report on Tuesday, September 22nd. Zacks Research raised Porch Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 15th. B. Riley Financial lifted their price objective on shares of Porch Group from $21.00 to $24.00 and gave the company a “buy” rating in a research note on Wednesday, October 14th. Finally, Wall Street Zen raised shares of Porch Group from a “hold” rating to a “buy” rating in a report on Saturday. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $20.79.

Porch Group Company Profile

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.