Porch Group Inc (NASDAQ: PRCH) is 105.28% higher on its value in year-to-date trading and has touched a low of $1.05 and a high of $11.35 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 PRCH stock was last observed hovering at around $10.63 in the last trading session, with the day’s loss setting it -0.53%.
Currently trading at $10.10, the stock is 22.69% and 44.81% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.86 million and changing -4.99% at the moment leaves the stock 141.50% off its SMA200. PRCH registered 259.43% gain for a year compared to 6-month gain of 224.76%.
The stock witnessed a 116.74% loss in the last 1 month and extending the period to 3 months gives it a 95.74%, and is -3.81% down 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 12.57% over the week and 11.36% over the month.
Porch Group Inc (PRCH) has around 733 employees, a market worth around $1.04B and $427.15M in sales. Fwd P/E is 118.82. Profit margin for the company is -2.59%. Distance from 52-week low is 861.90% and -11.01% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.10%).
The EPS is expected to grow by 60.29% this year.
Porch Group Inc (PRCH) Top Institutional Holders
The shares outstanding are 120.14M, and float is at 61.10M with Short Float at 20.82%.
The top institutional shareholder in the company is GRANAHAN INVESTMENT MANAGEMENT, LLC with over 9.89 million shares valued at $14.93 million. The investor’s holdings represent 9.9701% of the PRCH Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.98 million shares valued at $7.52 million to account for 5.0229 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 4.34 million shares representing 4.3771% and valued at over $6.56 million, while FIDELITY NATIONAL FINANCIAL, INC. holds 3.4992 of the shares totaling 3.47 million with a market value of $5.24 million.
Porch Group Inc (PRCH) Insider Activity
The most recent transaction is an insider sale by Neagle Matthew, the company’s Chief Operating Officer. SEC filings show that Neagle Matthew sold 250,000 shares of the company’s common stock on May 12 ’25 at a price of $10.23 per share for a total of $2.56 million. Following the sale, the insider now owns 1.2 million shares.
Still, SEC filings show that on Apr 15 ’25, Tabak Shawn (CHIEF FINANCIAL OFFICER) disposed off 10,000 shares at an average price of $5.34 for $53424.0. The insider now directly holds 218,580 shares of Porch Group Inc (PRCH).
