Insider Selling: Porch Group (NASDAQ:PRCH) CFO Sells $110,662.30 in Stock

Porch Group, Inc. (NASDAQ:PRCH) CFO Shawn Tabak sold 10,610 shares of Porch Group stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $10.43, for a total value of $110,662.30. Following the transaction, the chief financial officer owned 342,405 shares of the company’s stock, valued at $3,571,284.15. The trade was a 3.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Friday, May 1st, Shawn Tabak sold 11,215 shares of Porch Group stock. The shares were sold at an average price of $9.79, for a total value of $109,794.85.
• On Tuesday, April 28th, Shawn Tabak sold 10,454 shares of Porch Group stock. The shares were sold at an average price of $8.11, for a total value of $84,781.94.
• On Friday, April 24th, Shawn Tabak sold 7,875 shares of Porch Group stock. The shares were sold at an average price of $7.68, for a total value of $60,480.00.
• On Tuesday, April 21st, Shawn Tabak sold 7,730 shares of Porch Group stock. The shares were sold at an average price of $8.12, for a total value of $62,767.60.
• On Friday, April 17th, Shawn Tabak sold 8,367 shares of Porch Group stock. The shares were sold at an average price of $7.87, for a total value of $65,848.29.
• On Tuesday, April 14th, Shawn Tabak sold 17,697 shares of Porch Group stock. The shares were sold at an average price of $6.84, for a total value of $121,047.48.
• On Thursday, April 9th, Shawn Tabak sold 7,734 shares of Porch Group stock. The stock was sold at an average price of $7.15, for a total value of $55,298.10.
• On Tuesday, April 7th, Shawn Tabak sold 9,344 shares of Porch Group stock. The stock was sold at an average price of $7.19, for a total value of $67,183.36.

Porch Group Stock Down 2.7%

Porch Group stock opened at $10.97 on Friday. The firm has a market cap of $1.37 billion, a price-to-earnings ratio of -64.53 and a beta of 3.24. The stock has a fifty day simple moving average of $7.89 and a two-hundred day simple moving average of $9.18. Porch Group, Inc. has a 12 month low of $6.36 and a 12 month high of $19.44. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 14.87.

Porch Group (NASDAQ:PRCH) last posted its earnings results on Tuesday, April 28th. The company reported ($0.04) EPS for the quarter, topping 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 $94.72 million. Porch Group had a negative return on equity of 115.59% and a negative net margin of 3.41%. Equities analysts predict that Porch Group, Inc. will post -0.04 EPS for the current fiscal year.

Institutional Trading of Porch Group

Hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its holdings in Porch Group by 95.1% during the third quarter. JPMorgan Chase & Co. now owns 924,180 shares of the company’s stock valued at $15,508,000 after purchasing an additional 450,560 shares during the period. Vanguard Group Inc. grew its holdings in Porch Group by 5.6% during the third quarter. Vanguard Group Inc. now owns 7,252,134 shares of the company’s stock valued at $121,691,000 after purchasing an additional 384,451 shares during the period. Harbor Capital Advisors Inc. grew its holdings in Porch Group by 68.9% during the fourth quarter. Harbor Capital Advisors Inc. now owns 388,299 shares of the company’s stock valued at $3,545,000 after purchasing an additional 158,368 shares during the period. Tudor Investment Corp ET AL grew its holdings in Porch Group by 1,897.9% during the third quarter. Tudor Investment Corp ET AL now owns 255,511 shares of the company’s stock valued at $4,287,000 after purchasing an additional 242,722 shares during the period. Finally, Algert Global LLC grew its holdings in Porch Group by 2,254.1% during the third quarter. Algert Global LLC now owns 759,664 shares of the company’s stock valued at $12,747,000 after purchasing an additional 727,394 shares during the period. Institutional investors own 48.48% of the company’s stock.

Key Stories Impacting Porch Group

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

• Positive Sentiment: A Seeking Alpha piece argues Porch Group’s shift to a fee-and-commission model is being validated by Q1 2026 results, citing 18% year-over-year renewal-written premium growth, 50% Insurance Services revenue growth, an 18% adjusted EBITDA margin, and raised full-year guidance. Porch Group: The Reciprocal Fee Model The Market Is Still Mispricing
• Positive Sentiment: Recent analyst coverage has been supportive, including Stephens initiating with an Overweight rating and Benchmark raising its price target to $22, reinforcing the case for further upside if execution continues. MarketBeat PRCH Analyst Notes
• Neutral Sentiment: Management disclosed more insider sales, but the company said the transactions were mainly to cover tax withholding obligations tied to vested equity awards, which is often viewed as routine rather than a clear warning sign. Porch Group (NASDAQ:PRCH) CFO Sells $110,662.30 in Stock
• Negative Sentiment: The pace and size of insider selling from the CEO, COO, and CFO over recent weeks may be pressuring sentiment, since repeated large sales can make investors cautious even when they are tax-related. Matt Ehrlichman Sells 124,089 Shares of Porch Group (NASDAQ:PRCH) Stock
• Negative Sentiment: Investors still have to weigh Porch Group’s weak net margin and heavy debt load, which keep execution risk elevated despite the recent improvement in operating momentum. MarketBeat PRCH Profile

Wall Street Analysts Forecast Growth

A number of research firms have commented on PRCH. Zacks Research raised Porch Group from a “strong sell” rating to a “hold” rating in a report on Friday, March 6th. Stephens began coverage on Porch Group in a report on Monday, May 4th. They issued an “overweight” rating and a $12.00 target price for the company. Keefe, Bruyette & Woods raised Porch Group from a “market perform” rating to an “outperform” rating and reduced their target price for the stock from $13.00 to $10.50 in a report on Wednesday, February 11th. Finally, Benchmark lifted their target price on Porch Group from $21.00 to $22.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Eight analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $16.69.

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.