Porch Group (PRCH) – Research Analysts’ Weekly Ratings Updates

Several analysts have recently updated their ratings and price targets for Porch Group (NASDAQ: PRCH):

• 5/14/2025 – Porch Group had its “buy” rating reaffirmed by analysts at Loop Capital. They now have a $13.00 price target on the stock, up previously from $6.00.
• 5/7/2025 – Porch Group had its price target raised by analysts at Oppenheimer Holdings Inc. from $8.00 to $9.00. They now have an “outperform” rating on the stock.
• 5/7/2025 – Porch Group had its price target raised by analysts at Keefe, Bruyette & Woods from $6.00 to $7.00. They now have a “market perform” rating on the stock.
• 5/7/2025 – Porch Group had its price target raised by analysts at Benchmark Co. from $10.00 to $12.00. They now have a “buy” rating on the stock.

Porch Group Price Performance

PRCH opened at $10.13 on Tuesday. Porch Group, Inc. has a 12-month low of $1.05 and a 12-month high of $12.20. The stock has a market capitalization of $1.22 billion, a PE ratio of -14.47 and a beta of 2.44. The firm’s fifty day moving average price is $7.26 and its 200 day moving average price is $5.69.

Porch Group (NASDAQ:PRCH) last released its earnings results on Tuesday, May 6th. The company reported $0.02 earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.09. The company had revenue of $104.75 million during the quarter, compared to the consensus estimate of $79.44 million. On average, equities research analysts forecast that Porch Group, Inc. will post -0.63 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Porch Group news, CFO Shawn Tabak sold 108,226 shares of Porch Group stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $6.05, for a total value of $654,767.30. Following the completion of the transaction, the chief financial officer now owns 179,613 shares of the company’s stock, valued at $1,086,658.65. The trade was a 37.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, COO Matthew Neagle sold 60,000 shares of the business’s stock in a transaction on Monday, May 19th. The shares were sold at an average price of $10.53, for a total transaction of $631,800.00. Following the sale, the chief operating officer now owns 1,138,080 shares of the company’s stock, valued at approximately $11,983,982.40. The trade was a 5.01% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 515,554 shares of company stock worth $4,462,890. Corporate insiders own 23.32% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Portolan Capital Management LLC grew its position in shares of Porch Group by 476.0% during the 4th quarter. Portolan Capital Management LLC now owns 2,299,635 shares of the company’s stock valued at $11,314,000 after buying an additional 1,900,416 shares during the last quarter. Granahan Investment Management LLC lifted its holdings in Porch Group by 19.0% in the fourth quarter. Granahan Investment Management LLC now owns 11,891,581 shares of the company’s stock worth $58,507,000 after acquiring an additional 1,897,816 shares during the last quarter. Driehaus Capital Management LLC acquired a new position in Porch Group in the fourth quarter valued at approximately $8,550,000. Invesco Ltd. grew its holdings in shares of Porch Group by 4,365.6% during the fourth quarter. Invesco Ltd. now owns 1,682,286 shares of the company’s stock valued at $8,277,000 after purchasing an additional 1,644,614 shares during the last quarter. Finally, Monashee Investment Management LLC bought a new position in shares of Porch Group during the first quarter valued at approximately $11,300,000. 48.48% of the stock is currently owned by institutional investors.

Porch Group, Inc, together with its subsidiaries, operates a vertical software and insurance platform in the United States. The company operates in two segments, Vertical Software and Insurance. The Vertical Software segment provides software and services to inspection, mortgage, and title companies on a subscription and transactional basis, as well as move and post-move services.