Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) CFO Sells $1,783,368.18 in Stock

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) CFO Christopher Capozzi sold 80,586 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $22.13, for a total value of $1,783,368.18. Following the transaction, the chief financial officer directly owned 665,228 shares of the company’s stock, valued at $14,721,495.64. This trade represents a 10.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Ethos Technologies Inc. Class A Common Stock Trading Up 3.4%

NASDAQ:LIFE opened at $20.71 on Friday. Ethos Technologies Inc. Class A Common Stock has a 52 week low of $9.45 and a 52 week high of $32.50.

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) last posted its earnings results on Tuesday, March 17th. The company reported $0.42 EPS for the quarter. The company had revenue of $110.08 million for the quarter.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on LIFE. Citizens Jmp raised their target price on Ethos Technologies Inc. Class A Common Stock from $21.00 to $27.00 and gave the company a “market outperform” rating in a research note on Thursday, May 7th. Wall Street Zen cut Ethos Technologies Inc. Class A Common Stock from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Weiss Ratings upgraded shares of Ethos Technologies Inc. Class A Common Stock from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Finally, Barclays upped their target price on shares of Ethos Technologies Inc. Class A Common Stock from $20.00 to $27.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Ethos Technologies Inc. Class A Common Stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.00.

Ethos Technologies Inc. Class A Common Stock Company Profile

Ethos Technologies Inc operates a technology-driven, direct-to-consumer platform for the distribution of life insurance products. Through its digital underwriting, data analytics, and proprietary technology, it enables consumers to explore, compare, and purchase life insurance policies online. The platform serves consumers, agents, and insurance carriers, and supports the application and policy issuance process through an online interface. The company works with insurance carriers to offer life insurance products in the United States through digital channels and independent agents.