Porch Group, Inc. $PRCH Shares Bought by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky increased its holdings in Porch Group, Inc. (NASDAQ:PRCH) by 75.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 119,094 shares of the company’s stock after buying an additional 51,267 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Porch Group were worth $1,087,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in Porch Group by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 7,314,207 shares of the company’s stock worth $66,779,000 after purchasing an additional 62,073 shares during the period. Invesco Ltd. raised its holdings in Porch Group by 448.4% in the 3rd quarter. Invesco Ltd. now owns 3,795,064 shares of the company’s stock worth $63,681,000 after purchasing an additional 3,103,018 shares during the period. Divisadero Street Capital Management LP raised its holdings in Porch Group by 6.7% in the 3rd quarter. Divisadero Street Capital Management LP now owns 2,606,883 shares of the company’s stock worth $43,743,000 after purchasing an additional 163,271 shares during the period. Park West Asset Management LLC raised its holdings in Porch Group by 5.0% in the 3rd quarter. Park West Asset Management LLC now owns 2,182,916 shares of the company’s stock worth $36,629,000 after purchasing an additional 104,855 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in Porch Group by 2.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,161,064 shares of the company’s stock worth $8,464,000 after purchasing an additional 26,119 shares during the period. Institutional investors and hedge funds own 48.48% of the company’s stock.

Wall Street Analyst Weigh In

PRCH has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods raised Porch Group from a “market perform” rating to an “outperform” rating and reduced their target price for the company from $13.00 to $10.50 in a report on Wednesday, February 11th. Zacks Research raised Porch Group from a “strong sell” rating to a “hold” rating in a report on Friday, March 6th. Finally, Benchmark increased their target price on Porch Group from $21.00 to $22.00 and gave the company a “buy” rating in a report on Wednesday. Seven research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Porch Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $17.36.

Insider Activity at Porch Group

In related news, COO Matthew Neagle sold 83,599 shares of the stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $6.84, for a total value of $571,817.16. Following the completion of the transaction, the chief operating officer directly owned 2,607,657 shares in the company, valued at approximately $17,836,373.88. This represents a 3.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Matt Ehrlichman sold 145,882 shares of the stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $6.84, for a total value of $997,832.88. Following the completion of the transaction, the chief executive officer owned 17,163,175 shares of the company’s stock, valued at $117,396,117. The trade was a 0.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 1,132,154 shares of company stock valued at $8,440,062 over the last quarter. 23.32% of the stock is currently owned by company insiders.

Porch Group Price Performance

PRCH stock opened at $10.13 on Thursday. The company has a debt-to-equity ratio of 17.20, a current ratio of 1.30 and a quick ratio of 1.30. The business has a 50 day simple moving average of $7.65 and a 200-day simple moving average of $9.34. The firm has a market capitalization of $1.26 billion, a PE ratio of -202.60 and a beta of 3.09. Porch Group, Inc. has a 1 year low of $5.70 and a 1 year high of $19.44.

Porch Group (NASDAQ:PRCH) last posted its quarterly earnings results on Tuesday, April 28th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.06. The business had revenue of $109.44 million during the quarter, compared to analyst estimates of $93.99 million. Porch Group had a negative return on equity of 51.86% and a negative net margin of 0.72%. Equities research analysts anticipate that Porch Group, Inc. will post 0.02 earnings per share for the current fiscal year.

Key Porch Group News

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

• Positive Sentiment: Q1 beat — Porch reported EPS of ($0.04) vs. consensus ($0.10) and revenue of $109.4M vs. est. ~$94M; Adjusted EBITDA was positive at $19.7M, signaling improved operating leverage. Read More.
• Positive Sentiment: Raised FY‑2026 revenue guidance to $495M–$507M (above consensus), implying management confidence in near‑term growth and underpinning the rally. Read More.
• Neutral Sentiment: Earnings resources — Full earnings presentation and the call transcript are available for investors who want details on revenue mix, unit economics and management commentary. Read More. · Read More.
• Neutral Sentiment: Insider sales disclosed — CEO Matt Ehrlichman, COO Matthew Neagle and CFO Shawn Tabak reported share sales on April 24 (large share counts); company and filings state the sales were to cover tax withholding tied to vested awards. Investors should note size but also that management still holds substantial positions. Read More. · Read More. · Read More.
• Negative Sentiment: Profitability concerns remain — GAAP net loss (~$4.7M in Q1), negative net margin and negative ROE mean Porch is still not consistently profitable; investors must weigh growth and EBITDA gains against continued GAAP losses. Read More.

Porch Group Company Profile

Porch Group, Inc operates a technology-driven home services platform designed to connect homeowners with professional contractors, maintenance providers and home improvement specialists. Through its online marketplace and proprietary software solutions, Porch enables users to research, compare and book services ranging from home repairs and remodeling to maintenance and renovations. The company’s platform integrates detailed provider profiles, customer reviews and real-time appointment scheduling to streamline the process of sourcing and managing home projects.

In addition to its core marketplace, Porch offers software products tailored for service professionals.