Shawn Tabak Sells 10,610 Shares of Porch Group (NASDAQ:PRCH) Stock

Porch Group, Inc. (NASDAQ:PRCHGet Free Report) CFO Shawn Tabak sold 10,610 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $10.43, for a total transaction of $110,662.30. Following the sale, the chief financial officer directly owned 342,405 shares of the company’s stock, valued at approximately $3,571,284.15. The trade was a 3.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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 transaction 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 value 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 value of $62,767.60.
  • On Friday, April 17th, Shawn Tabak sold 8,367 shares of Porch Group stock. The stock was sold at an average price of $7.87, for a total value 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 value of $121,047.48.
  • On Thursday, April 9th, Shawn Tabak sold 7,734 shares of Porch Group stock. The shares were sold at an average price of $7.15, for a total value of $55,298.10.
  • On Tuesday, April 7th, Shawn Tabak sold 9,344 shares of Porch Group stock. The stock was sold at an average price of $7.19, for a total value of $67,183.36.

Porch Group Trading Down 2.7%

NASDAQ PRCH opened at $10.97 on Friday. The firm has a market capitalization of $1.37 billion, a P/E ratio of -64.53 and a beta of 3.24. The business has a fifty day simple moving average of $7.89 and a 200 day simple moving average of $9.18. Porch Group, Inc. has a 12 month low of $6.36 and a 12 month high of $19.44. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 14.87.

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

Institutional Investors Weigh In On Porch Group

A number of hedge funds have recently modified their holdings of the stock. Osbon Capital Management LLC purchased a new stake in Porch Group in the fourth quarter worth $25,000. Aster Capital Management DIFC Ltd lifted its position in shares of Porch Group by 956.3% during the 3rd quarter. Aster Capital Management DIFC Ltd now owns 1,521 shares of the company’s stock valued at $26,000 after buying an additional 1,377 shares during the last quarter. Larson Financial Group LLC grew its stake in shares of Porch Group by 444.8% during the 3rd quarter. Larson Financial Group LLC now owns 1,836 shares of the company’s stock worth $31,000 after acquiring an additional 1,499 shares during the period. Kemnay Advisory Services Inc. purchased a new stake in Porch Group in the 4th quarter worth about $38,000. Finally, RiverPark Advisors LLC purchased a new stake in Porch Group in the 3rd quarter worth about $39,000. Institutional investors own 48.48% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on PRCH. Stephens assumed coverage on shares of Porch Group in a research report on Monday, May 4th. They issued an “overweight” rating and a $12.00 price objective for the company. Benchmark boosted their target price on Porch Group from $21.00 to $22.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Keefe, Bruyette & Woods raised Porch Group from a “market perform” rating to an “outperform” rating and reduced their target price for the company from $13.00 to $10.50 in a report on Wednesday, February 11th. Finally, Zacks Research raised Porch Group from a “strong sell” rating to a “hold” rating in a research report on Friday, March 6th. Eight research 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, the company has a consensus rating of “Moderate Buy” and an average target price of $16.69.

View Our Latest Analysis on PRCH

Porch Group News Roundup

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

  • Positive Sentiment: A Seeking Alpha piece argues Porch Group’s shift to a fee-and-commission model is being validated by Q1 2026 results, citing 18% year-over-year renewal-written premium growth, 50% Insurance Services revenue growth, an 18% adjusted EBITDA margin, and raised full-year guidance. Porch Group: The Reciprocal Fee Model The Market Is Still Mispricing
  • Positive Sentiment: Recent analyst coverage has been supportive, including Stephens initiating with an Overweight rating and Benchmark raising its price target to $22, reinforcing the case for further upside if execution continues. MarketBeat PRCH Analyst Notes
  • Neutral Sentiment: Management disclosed more insider sales, but the company said the transactions were mainly to cover tax withholding obligations tied to vested equity awards, which is often viewed as routine rather than a clear warning sign. Porch Group (NASDAQ:PRCH) CFO Sells $110,662.30 in Stock
  • Negative Sentiment: The pace and size of insider selling from the CEO, COO, and CFO over recent weeks may be pressuring sentiment, since repeated large sales can make investors cautious even when they are tax-related. Matt Ehrlichman Sells 124,089 Shares of Porch Group (NASDAQ:PRCH) Stock
  • Negative Sentiment: Investors still have to weigh Porch Group’s weak net margin and heavy debt load, which keep execution risk elevated despite the recent improvement in operating momentum. MarketBeat PRCH Profile

Porch Group Company Profile

(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.

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Insider Buying and Selling by Quarter for Porch Group (NASDAQ:PRCH)

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