Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) Price Target Raised to $33.00

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) had its target price boosted by Citigroup from $27.00 to $33.00 in a report published on Tuesday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts have also recently commented on the company. Robert W. Baird lifted their price target on Ethos Technologies Inc. Class A Common Stock from $26.00 to $32.00 and gave the stock an “outperform” rating in a report on Tuesday. Weiss Ratings lowered Ethos Technologies Inc. Class A Common Stock from a “hold (c)” rating to a “sell (d)” rating in a research note on Tuesday, May 26th. Wall Street Zen cut Ethos Technologies Inc. Class A Common Stock from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. JPMorgan Chase & Co. raised their price objective on Ethos Technologies Inc. Class A Common Stock from $21.50 to $23.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. Finally, Barclays lifted their target price on Ethos Technologies Inc. Class A Common Stock from $27.00 to $37.00 and gave the stock an “overweight” rating in a research note on Tuesday. Six analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $32.29.

Ethos Technologies Inc. Class A Common Stock Trading Up 7.5%

Shares of LIFE stock opened at $29.81 on Tuesday. The firm has a market capitalization of $1.88 billion and a PE ratio of -9.46. The company has a fifty day moving average price of $18.90. Ethos Technologies Inc. Class A Common Stock has a one year low of $9.45 and a one year high of $32.50.

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) last released its quarterly earnings data on Monday, August 3rd. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.34. The firm had revenue of $189.56 million for the quarter. The company’s revenue for the quarter was up 113.5% compared to the same quarter last year. On average, research analysts expect that Ethos Technologies Inc. Class A Common Stock will post -2.44 EPS for the current fiscal year.

Insider Activity at Ethos Technologies Inc. Class A Common Stock

In related news, CFO Christopher M. Capozzi sold 80,586 shares of Ethos Technologies Inc. Class A Common Stock stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $22.13, for a total transaction of $1,783,368.18. Following the completion of the sale, the chief financial officer owned 665,228 shares of the company’s stock, valued at approximately $14,721,495.64. The trade was a 10.81% decrease in their position. The sale was disclosed in a 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. Also, CAO Brandt Walter Kucharski sold 5,823 shares of Ethos Technologies Inc. Class A Common Stock stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $22.06, for a total transaction of $128,455.38. Following the sale, the chief accounting officer directly owned 183,430 shares of the company’s stock, valued at $4,046,465.80. The trade was a 3.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 781,048 shares of company stock worth $16,165,634 in the last quarter. 3.70% of the stock is owned by corporate insiders.

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.