Porch Group (NASDAQ:PRCH) CFO Shawn Tabak Sells 30,000 Shares of Stock

Porch Group, Inc. (NASDAQ:PRCH) CFO Shawn Tabak sold 30,000 shares of the business’s stock in a transaction that occurred on Thursday, October 29th. The stock was sold at an average price of $21.02, for a total value of $630,600.00. Following the transaction, the chief financial officer owned 176,059 shares in the company, valued at approximately $3,700,760.18. This represents a 14.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Shawn Tabak also recently made the following trade(s):

• On Tuesday, October 6th, Shawn Tabak sold 6,690 shares of Porch Group stock. The stock was sold at an average price of $17.35, for a total value of $116,071.50.
• On Monday, October 5th, Shawn Tabak sold 2,746 shares of Porch Group stock. The stock was sold at an average price of $16.83, for a total transaction of $46,215.18.
• On Wednesday, August 5th, Shawn Tabak sold 25,000 shares of Porch Group stock. The shares were sold at an average price of $16.21, for a total value of $405,250.00.

Porch Group Stock Performance

Shares of PRCH stock traded down $0.33 on Friday, reaching $20.56. The stock had a trading volume of 2,886,599 shares, compared to its average volume of 1,748,081. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 20.53. The firm’s 50-day moving average is $17.16 and its two-hundred day moving average is $11.97. Porch Group, Inc. has a 12 month low of $6.36 and a 12 month high of $21.30. The firm has a market capitalization of $2.71 billion, a price-to-earnings ratio of 257.00 and a beta of 3.18.

Porch Group (NASDAQ:PRCH) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.09. The company had revenue of $143.86 million for the quarter, compared to the consensus estimate of $134.65 million. Porch Group had a return on equity of 42.30% and a net margin of 1.81%. On average, research analysts expect that Porch Group, Inc. will post -0.04 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new position in Porch Group in the second quarter valued at $128,995,000. Granahan Investment Management LLC lifted its holdings in Porch Group by 9.4% in the 1st quarter. Granahan Investment Management LLC now owns 12,674,987 shares of the company’s stock valued at $90,880,000 after purchasing an additional 1,084,559 shares in the last quarter. Park West Asset Management LLC acquired a new stake in shares of Porch Group in the second quarter worth $53,194,000. GC Wealth Management RIA LLC bought a new stake in Porch Group during the first quarter valued at $29,230,000. Finally, Jupiter Topco LLC bought a new position in shares of Porch Group in the second quarter valued at approximately $21,979,000. Hedge funds and other institutional investors own 48.48% of the company’s stock.

Porch Group News Summary

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

• Positive Sentiment: Third-quarter revenue reached $143.9 million, exceeding estimates of approximately $133.4 million, while earnings were $0.10 per share versus expectations for a $0.01 loss. The result also improved from a $0.10-per-share loss in the year-ago quarter. Porch Group Q3 earnings and revenue report
• Positive Sentiment: Porch raised its fiscal 2026 revenue guidance to $518 million-$523 million, above the roughly $513.6 million analyst consensus, signaling continued confidence in its growth trajectory. Porch Group reports Q3 results and raises guidance
• Positive Sentiment: Insurance Services revenue increased 39%, highlighting strong momentum in a key business segment. Management also outlined a 2027 baseline exceeding $900 million in written premium and $180 million in adjusted EBITDA following the Allied Trust transaction. Porch 2027 baseline outlook
• Positive Sentiment: Oppenheimer raised its price target from $20 to $25 and maintained an Outperform rating, reflecting increased confidence after the earnings beat and improved guidance. Oppenheimer raises Porch price target

Analyst Ratings Changes

Several brokerages recently commented on PRCH. Craig Hallum set a $25.00 price target on shares of Porch Group in a report on Thursday. Keefe, Bruyette & Woods upped their target price on Porch Group from $16.25 to $16.50 and gave the company a “market perform” rating in a research report on Thursday, July 30th. Cantor Fitzgerald lifted their price objective on shares of Porch Group from $18.00 to $20.00 and gave the stock an “overweight” rating in a research report on Friday, September 25th. Zacks Research raised shares of Porch Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 15th. Finally, Benchmark increased their target price on Porch Group from $22.00 to $23.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $20.79.

Porch Group Company Profile

Porch Group, Inc is a technology company that provides software and services for the residential home services industry. Its platform is designed to help businesses manage customer relationships, scheduling, communications, payments, marketing and other operational workflows.

The company serves professionals involved in the home-buying and home-maintenance ecosystem, including home inspection companies and other service providers. Its offerings have included specialized software platforms such as Inspection Support Network and Floify, which support inspection management and mortgage-related workflows, respectively.

Founded in 2012 by Matt Ehrlichman, Porch initially operated as a consumer-focused home improvement marketplace before expanding into vertical software and related services.