SelectQuote, Inc. (NYSE:SLQT) Shares Sold by Corient Private Wealth LLC

Corient Private Wealth LLC lowered its holdings in SelectQuote, Inc. (NYSE:SLQT) by 3.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 114,648 shares of the company’s stock after selling 3,745 shares during the period. Corient Private Wealth LLC owned about 0.07% of SelectQuote worth $426,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Oppenheimer & Co. Inc. acquired a new stake in SelectQuote in the fourth quarter worth about $47,000. Raymond James Financial Inc. acquired a new stake in shares of SelectQuote in the fourth quarter worth $97,000. Intech Investment Management LLC purchased a new position in SelectQuote during the 3rd quarter valued at about $123,000. Virtu Financial LLC acquired a new stake in shares of SelectQuote during the 3rd quarter valued at $150,000. Finally, Quantbot Technologies LP acquired a new stake in SelectQuote during the third quarter valued at $153,000. Institutional investors and hedge funds own 34.59% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Noble Financial raised SelectQuote to a “strong-buy” rating in a research note on Wednesday, February 12th.

Insider Activity

In related news, insider Sarah Taylor Anderson sold 50,000 shares of SelectQuote stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $5.44, for a total value of $272,000.00. Following the sale, the insider now owns 1,166 shares of the company’s stock, valued at approximately $6,343.04. This trade represents a 97.72 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 11.40% of the company’s stock.

SelectQuote Stock Performance

SelectQuote stock opened at $3.41 on Friday. SelectQuote, Inc. has a 1 year low of $1.48 and a 1 year high of $6.86. The company has a market cap of $586.15 million, a PE ratio of -37.83 and a beta of 1.13. The company has a current ratio of 6.36, a quick ratio of 6.36 and a debt-to-equity ratio of 2.10. The company’s 50-day moving average is $4.34 and its two-hundred day moving average is $3.29.

SelectQuote (NYSE:SLQT) last posted its earnings results on Monday, February 10th. The company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.21. SelectQuote had a negative net margin of 0.95% and a negative return on equity of 4.38%. Equities analysts anticipate that SelectQuote, Inc. will post -0.07 earnings per share for the current year.

About SelectQuote

SelectQuote, Inc operates a technology-enabled, direct-to-consumer distribution platform that sells a range of insurance products and healthcare services in the United States. The company operates through three segments: Senior; Life; and Auto & Home. It distributes senior health policies, such as medicare advantage, medicare supplement, medicare part D, and other ancillary senior health insurance related products, including prescription drugs, dental, vision, and hearing plans; life insurance products, such as term life, final expense, and other ancillary products, including critical illness, accidental death, and juvenile insurance; homeowners, auto, dwelling fire, and other ancillary insurance products; and non-commercial auto and home property, and casualty policies.