Porch Group (NASDAQ:PRCH) CFO Sells $60,480.00 in Stock

Key Points

• CFO Shawn Tabak sold 7,875 shares on April 24 at an average price of $7.68 for $60,480 to cover tax withholding on vested awards, leaving him with 374,684 shares (a 2.06% reduction).
• Other insiders also disclosed large, tax-related sales the same day — CEO Matt Ehrlichman sold 123,518 shares and COO Matthew Neagle sold 63,979 shares — indicating multiple executives executed withholding sales.
• Porch Group beat Q1 estimates (EPS ($0.04) vs. consensus ($0.10); revenue $109.4M vs. est. $94.0M) and raised FY2026 revenue guidance to $495–$507M, but remains GAAP-unprofitable (≈$4.7M net loss) with negative net margin and ROE.

Porch Group, Inc. (NASDAQ:PRCH - Get Free Report) CFO Shawn Tabak sold 7,875 shares of the firm's stock in a transaction on Friday, April 24th. The shares were sold at an average price of $7.68, for a total value of $60,480.00. Following the sale, the chief financial officer directly owned 374,684 shares of the company's stock, valued at $2,877,573.12. This represents a 2.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 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 Tuesday, April 21st, Shawn Tabak sold 7,730 shares of Porch Group stock. The shares were 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 shares were 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 shares were sold at an average price of $7.19, for a total value of $67,183.36.

Porch Group Stock Performance

Porch Group stock traded up $0.54 during mid-day trading on Tuesday, hitting $8.59. 3,541,097 shares of the company's stock traded hands, compared to its average volume of 1,582,719. The firm has a 50 day simple moving average of $7.63 and a two-hundred day simple moving average of $9.38. Porch Group, Inc. has a fifty-two week low of $5.70 and a fifty-two week high of $19.44. The stock has a market cap of $1.07 billion, a price-to-earnings ratio of -171.80 and a beta of 3.09. The company has a debt-to-equity ratio of 17.20, a current ratio of 1.30 and a quick ratio of 1.30.

Porch Group (NASDAQ:PRCH - Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.06. Porch Group had a negative return on equity of 51.86% and a negative net margin of 0.72%.The business had revenue of $109.44 million during the quarter, compared to the consensus estimate of $93.99 million. On average, research analysts expect that Porch Group, Inc. will post 0.02 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on PRCH. Keefe, Bruyette & Woods raised Porch Group from a "market perform" rating to an "outperform" rating and dropped their target price for the stock from $13.00 to $10.50 in a report on Wednesday, February 11th. Zacks Research raised Porch Group from a "strong sell" rating to a "hold" rating in a report on Friday, March 6th. Weiss Ratings reissued a "sell (d+)" rating on shares of Porch Group in a report on Monday, December 29th. Finally, Benchmark reissued a "buy" rating on shares of Porch Group in a report on Friday, January 16th. Seven investment 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. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $17.21.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Aster Capital Management DIFC Ltd raised its stake in Porch Group by 956.3% in the third quarter. Aster Capital Management DIFC Ltd now owns 1,521 shares of the company's stock valued at $26,000 after purchasing an additional 1,377 shares in the last quarter. Larson Financial Group LLC raised its stake in Porch Group by 444.8% in the third quarter. Larson Financial Group LLC now owns 1,836 shares of the company's stock valued at $31,000 after purchasing an additional 1,499 shares in the last quarter. RiverPark Advisors LLC acquired a new position in Porch Group in the third quarter valued at about $39,000. Osbon Capital Management LLC acquired a new position in Porch Group in the fourth quarter valued at about $25,000. Finally, Kemnay Advisory Services Inc. acquired a new position in Porch Group in the fourth quarter valued at about $38,000. Institutional investors and hedge funds own 48.48% of the company's stock.

Key Porch Group News

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

• Positive Sentiment: Q1 results beat consensus — Porch reported EPS of ($0.04) vs. consensus ($0.10) and revenue of $109.4M vs. est. $94.0M; Adjusted EBITDA was $19.7M, signaling improved operating leverage. Read More.
• Positive Sentiment: Company raised FY2026 revenue guidance to $495M–$507M versus consensus ~$484M, implying confidence in growth for the rest of the year. Read More.
• Neutral Sentiment: Market commentary: Zacks summarizes the beat on revenue and narrower-than-expected loss, which helped sentiment today. Read More.
• Neutral Sentiment: Insider share sales disclosed on April 24 were executed to cover tax withholding for vested awards: CEO Matt Ehrlichman sold 123,518 shares (SEC filing), COO Matthew Neagle sold 63,979 shares (SEC filing), and CFO Shawn Tabak sold 7,875 shares (SEC filing). These were pre-announced/formal filings and described as tax-related. Read More. Read More. Read More.
• Negative Sentiment: Company remains unprofitable on the GAAP line (net loss ≈ $4.7M for Q1) with negative net margin and negative ROE, so investors should weigh growth vs. continued profitability pressures. Read More.

About Porch Group

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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