
Porch Group, Inc. (NASDAQ:PRCH - Free Report) - Equities researchers at B. Riley lowered their Q3 2025 EPS estimates for Porch Group in a research note issued to investors on Wednesday, August 6th. B. Riley analyst R. Binner now expects that the company will earn ($0.10) per share for the quarter, down from their previous estimate of ($0.09). B. Riley has a "Strong-Buy" rating on the stock. The consensus estimate for Porch Group's current full-year earnings is ($0.63) per share. B. Riley also issued estimates for Porch Group's Q4 2025 earnings at ($0.09) EPS and FY2025 earnings at ($0.25) EPS.
PRCH has been the topic of several other reports. Keefe, Bruyette & Woods increased their target price on shares of Porch Group from $6.00 to $7.00 and gave the stock a "market perform" rating in a research note on Wednesday, May 7th. Oppenheimer increased their target price on shares of Porch Group from $14.00 to $17.00 and gave the stock an "outperform" rating in a research note on Wednesday. Benchmark reissued a "buy" rating and set a $17.00 target price (up from $12.00) on shares of Porch Group in a research note on Wednesday, July 30th. Finally, Loop Capital reissued a "buy" rating and set a $13.00 target price (up from $6.00) on shares of Porch Group in a research note on Wednesday, May 14th. One research analyst has rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Porch Group currently has an average rating of "Buy" and an average price target of $12.43.
Get Our Latest Stock Analysis on PRCH
Porch Group Stock Down 4.6%
Shares of PRCH stock traded down $0.69 during mid-day trading on Friday, hitting $14.20. 1,872,765 shares of the stock were exchanged, compared to its average volume of 2,020,851. The firm has a fifty day moving average of $12.11 and a 200 day moving average of $8.45. Porch Group has a 52-week low of $1.08 and a 52-week high of $17.38. The company has a market cap of $1.73 billion, a PE ratio of 27.84 and a beta of 2.72.
Porch Group (NASDAQ:PRCH - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.03 EPS for the quarter, beating the consensus estimate of ($0.13) by $0.16. Porch Group had a net margin of 12.82% and a negative return on equity of 41.71%. The company had revenue of $119.30 million for the quarter, compared to analyst estimates of $98.06 million.
Institutional Trading of Porch Group
A number of hedge funds have recently bought and sold shares of the business. FNY Investment Advisers LLC acquired a new stake in shares of Porch Group during the 1st quarter worth approximately $29,000. AlphaQuest LLC acquired a new stake in shares of Porch Group during the 2nd quarter worth approximately $33,000. Raymond James Financial Inc. acquired a new stake in shares of Porch Group during the 4th quarter worth approximately $50,000. Ameriprise Financial Inc. acquired a new stake in shares of Porch Group during the 4th quarter worth approximately $51,000. Finally, Tower Research Capital LLC TRC increased its holdings in shares of Porch Group by 91.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 11,017 shares of the company's stock worth $54,000 after buying an additional 5,273 shares during the last quarter. Institutional investors and hedge funds own 48.48% of the company's stock.
Insider Activity at Porch Group
In related news, COO Matthew Neagle sold 250,000 shares of the company's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $10.23, for a total transaction of $2,557,500.00. Following the completion of the transaction, the chief operating officer owned 1,198,080 shares in the company, valued at $12,256,358.40. This represents a 17.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Rachel Lam sold 25,000 shares of the company's stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $15.21, for a total transaction of $380,250.00. Following the transaction, the director owned 177,991 shares of the company's stock, valued at approximately $2,707,243.11. This trade represents a 12.32% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 490,000 shares of company stock worth $5,222,000 in the last quarter. Company insiders own 23.32% of the company's stock.
About Porch Group
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Porch Group, Inc, together with its subsidiaries, operates a vertical software and insurance platform in the United States. The company operates in two segments, Vertical Software and Insurance. The Vertical Software segment provides software and services to inspection, mortgage, and title companies on a subscription and transactional basis, as well as move and post-move services.
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