Axa S.A. Takes $1.22 Million Position in SelectQuote, Inc. (NYSE:SLQT)

AXA S.A. bought a new stake in shares of SelectQuote, Inc. (NYSE:SLQT - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 328,650 shares of the company's stock, valued at approximately $1,223,000. AXA S.A. owned 0.19% of SelectQuote as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. OneDigital Investment Advisors LLC purchased a new stake in SelectQuote during the 4th quarter valued at about $46,000. Cibc World Markets Corp acquired a new position in shares of SelectQuote during the 4th quarter worth approximately $47,000. Oppenheimer & Co. Inc. acquired a new position in shares of SelectQuote during the 4th quarter worth approximately $47,000. Raymond James Financial Inc. purchased a new stake in shares of SelectQuote in the fourth quarter valued at approximately $97,000. Finally, Paloma Partners Management Co acquired a new stake in shares of SelectQuote in the fourth quarter valued at approximately $142,000. 34.59% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at SelectQuote

In related news, insider Sarah Taylor Anderson sold 50,000 shares of the firm's stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $5.44, for a total value of $272,000.00. Following the completion of the sale, the insider now owns 1,166 shares in the company, valued at $6,343.04. This trade represents a 97.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 11.40% of the company's stock.

SelectQuote Stock Performance

Shares of SLQT stock traded down $0.07 during mid-day trading on Wednesday, hitting $2.33. 2,400,365 shares of the stock were exchanged, compared to its average volume of 1,414,091. The stock has a market capitalization of $401.10 million, a price-to-earnings ratio of -25.89 and a beta of 1.26. SelectQuote, Inc. has a 12-month low of $1.62 and a 12-month high of $6.86. The stock's fifty day simple moving average is $3.24 and its two-hundred day simple moving average is $3.50. The company has a debt-to-equity ratio of 2.10, a quick ratio of 6.36 and a current ratio of 6.36.

SelectQuote (NYSE:SLQT - Get Free Report) last issued its quarterly earnings data on Monday, May 12th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.01). SelectQuote had a negative return on equity of 4.38% and a negative net margin of 0.95%. The business had revenue of $408.16 million for the quarter, compared to analysts' expectations of $412.83 million. On average, analysts forecast that SelectQuote, Inc. will post -0.07 EPS for the current year.

Analyst Ratings Changes

Separately, Noble Financial raised shares of SelectQuote to a "strong-buy" rating in a report on Wednesday, February 12th.

SelectQuote Profile

SelectQuote, Inc operates a technology-enabled, direct-to-consumer distribution platform that sells a range of insurance products and healthcare services in the United States. The company operates through three segments: Senior; Life; and Auto & Home. It distributes senior health policies, such as medicare advantage, medicare supplement, medicare part D, and other ancillary senior health insurance related products, including prescription drugs, dental, vision, and hearing plans; life insurance products, such as term life, final expense, and other ancillary products, including critical illness, accidental death, and juvenile insurance; homeowners, auto, dwelling fire, and other ancillary insurance products; and non-commercial auto and home property, and casualty policies.