SelectQuote Inc (NYSE: SLQT) is 203.65% higher on its value in year-to-date trading and has touched a low of $1.03 and a high of $4.46 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SLQT stock was last observed hovering at around $3.79 in the last trading session, with the day’s gains setting it 0.37%.
Currently trading at $4.16, the stock is 18.86% and 23.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.33 million and changing 9.76% at the moment leaves the stock 93.26% off its SMA200. SLQT registered 230.16% gain for a year compared to 6-month gain of 150.60%.
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The stock witnessed a -0.24% loss in the last 1 month and extending the period to 3 months gives it a 38.21%, and is 13.66% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.28% over the week and 7.55% over the month.
SelectQuote Inc (SLQT) has around 4186 employees, a market worth around $703.71M and $1.24B in sales. Profit margin for the company is -4.12%. Distance from 52-week low is 303.88% and -6.73% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.01%).
The EPS is expected to grow by 50.00% this year.
SelectQuote Inc (SLQT) Top Institutional Holders
172.0 institutions hold shares in SelectQuote Inc (SLQT), with institutional investors hold 52.04% of the company’s shares. The shares outstanding are 166.87M, and float is at 134.25M with Short Float at 0.52%. Institutions hold 46.46% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 10.03 million shares valued at $27.67 million. The investor’s holdings represent 5.9307% of the SLQT Shares outstanding. As of 2024-06-30, the second largest holder is ABRAMS BISON INVESTMENTS, LLC with 7.91 million shares valued at $21.83 million to account for 4.679 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 6.97 million shares representing 4.1251% and valued at over $19.25 million, while MARINER, LLC holds 3.6717 of the shares totaling 6.21 million with a market value of $17.13 million.
SelectQuote Inc (SLQT) Insider Activity
The most recent transaction is an insider purchase by Matthews Joshua Brandon, the company’s President, SelectQuote Senior. SEC filings show that Matthews Joshua Brandon bought 97,500 shares of the company’s common stock on Sep 18 ’23 at a price of $1.16 per share for a total of $0.11 million. Following the purchase, the insider now owns 0.4 million shares.
SelectQuote Inc disclosed in a document filed with the SEC on Sep 15 ’23 that Grant William Thomas III (CHIEF OPERATING OFFICER) bought a total of 150,000 shares of the company’s common stock. The trade occurred on Sep 15 ’23 and was made at $1.20 per share for $0.18 million. Following the transaction, the insider now directly holds 1.91 million shares of the SLQT stock.
Still, SEC filings show that on Sep 15 ’23, GRANT W THOMAS II (Director) acquired 220,100 shares at an average price of $1.17 for $0.26 million. The insider now directly holds 220,100 shares of SelectQuote Inc (SLQT).
