Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) Major Shareholder Sells $3,832,277.26 in Stock

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the firm’s stock in a transaction on Monday, July 27th. The stock was sold at an average price of $19.46, for a total value of $3,832,277.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

2019 Gp L.L.C. Gv also recently made the following trade(s):

• On Tuesday, July 28th, 2019 Gp L.L.C. Gv sold 118,138 shares of Ethos Technologies Inc. Class A Common Stock stock. The shares were sold at an average price of $18.90, for a total value of $2,232,808.20.
• On Monday, July 20th, 2019 Gp L.L.C. Gv sold 18,386 shares of Ethos Technologies Inc. Class A Common Stock stock. The stock was sold at an average price of $18.87, for a total value of $346,943.82.
• On Friday, July 17th, 2019 Gp L.L.C. Gv sold 20,534 shares of Ethos Technologies Inc. Class A Common Stock stock. The stock was sold at an average price of $18.68, for a total value of $383,575.12.
• On Friday, July 24th, 2019 Gp L.L.C. Gv sold 23,417 shares of Ethos Technologies Inc. Class A Common Stock stock. The stock was sold at an average price of $18.88, for a total value of $442,112.96.
• On Thursday, July 23rd, 2019 Gp L.L.C. Gv sold 63,297 shares of Ethos Technologies Inc. Class A Common Stock stock. The shares were sold at an average price of $19.06, for a total value of $1,206,440.82.
• On Friday, May 15th, 2019 Gp L.L.C. Gv sold 87,475 shares of Ethos Technologies Inc. Class A Common Stock stock. The shares were sold at an average price of $23.75, for a total transaction of $2,077,531.25.
• On Thursday, May 14th, 2019 Gp L.L.C. Gv sold 60,077 shares of Ethos Technologies Inc. Class A Common Stock stock. The stock was sold at an average price of $23.01, for a total transaction of $1,382,371.77.

Ethos Technologies Inc. Class A Common Stock Price Performance

Ethos Technologies Inc. Class A Common Stock stock traded up $1.04 during midday trading on Wednesday, hitting $19.84. 1,049,556 shares of the stock were exchanged, compared to its average volume of 519,296. The stock has a market capitalization of $1.25 billion and a PE ratio of -6.30. The firm has a fifty day moving average price of $18.25. 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 issued its earnings results on Tuesday, March 17th. The company reported $0.42 EPS for the quarter. The firm had revenue of $110.08 million during the quarter.

Wall Street Analyst Weigh In

LIFE has been the topic of several research analyst reports. Weiss Ratings downgraded Ethos Technologies Inc. Class A Common Stock from a “hold (c)” rating to a “sell (d)” rating in a research note on Tuesday, May 26th. 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. Barclays increased their price target on Ethos Technologies Inc. Class A Common Stock from $20.00 to $27.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Citizens Jmp lifted their price objective on Ethos Technologies Inc. Class A Common Stock from $21.00 to $27.00 and gave the company a “market outperform” rating in a report on Thursday, May 7th. Finally, JPMorgan Chase & Co. lifted their price objective on Ethos Technologies Inc. Class A Common Stock from $21.50 to $23.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Ethos Technologies Inc. Class A Common Stock has a consensus rating of “Moderate Buy” and an average target price of $25.67.

About Ethos Technologies Inc. Class A Common Stock

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.