Insider Selling: Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) President Sells $1,024,776.39 in Stock

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) President Lingke Wang sold 46,349 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $22.11, for a total value of $1,024,776.39. Following the sale, the president owned 764,836 shares in the company, valued at $16,910,523.96. The trade was a 5.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Ethos Technologies Inc. Class A Common Stock Stock Up 3.4%

Ethos Technologies Inc. Class A Common Stock stock opened at $20.71 on Friday. Ethos Technologies Inc. Class A Common Stock has a 12-month low of $9.45 and a 12-month high of $32.50.

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) last issued its quarterly earnings data on Tuesday, March 17th. The company reported $0.42 EPS for the quarter. The company had revenue of $110.08 million for the quarter.

Analysts Set New Price Targets

Several research firms recently weighed in on LIFE. Wall Street Zen cut shares of Ethos Technologies Inc. Class A Common Stock from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Barclays boosted their target price on Ethos Technologies Inc. Class A Common Stock from $20.00 to $27.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Citizens Jmp raised their price target on Ethos Technologies Inc. Class A Common Stock from $21.00 to $27.00 and gave the company a “market outperform” rating in a report on Thursday, May 7th. Finally, Weiss Ratings upgraded Ethos Technologies Inc. Class A Common Stock from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $27.00.

Ethos Technologies Inc. Class A Common Stock Company Profile

Ethos Technologies Inc operates a technology-driven, direct-to-consumer platform for the distribution of life insurance products. Through its digital underwriting, data analytics, and proprietary technology, it enables consumers to explore, compare, and purchase life insurance policies online. The platform serves consumers, agents, and insurance carriers, and supports the application and policy issuance process through an online interface. The company works with insurance carriers to offer life insurance products in the United States through digital channels and independent agents.