Porch Group Inc (NASDAQ:PRCH)’s traded shares stood at 0.68 million during the latest session, with the company’s beta value hitting 2.03. At the last check today, the stock’s price was $1.44, to imply an increase of 2.86% or $0.04 in intraday trading. The PRCH share’s 52-week high remains $4.78, putting it -231.94% down since that peak but still an impressive 65.28% since price per share fell to its 52-week low of $0.50. The company has a valuation of $142.83M, with an average of 0.84 million shares in intraday trading volume over the past 10 days and average of 1.02 million shares over the past 3 months.
Porch Group Inc (NASDAQ:PRCH) trade information
After registering a 2.86% upside in the latest session, Porch Group Inc (PRCH) has traded red over the past five days. The 5-day price performance for the stock is -7.10%, and 15.20% over 30 days. With these gigs, the year-to-date price performance is -53.25%. Short interest in Porch Group Inc (NASDAQ:PRCH) saw shorts transact 9.85 million shares and set a 10.82 days time to cover.
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The extremes give us $2 and $2 for target low and target high price respectively. As such, PRCH has been trading -38.89% off suggested target high and -38.89% from its likely low.
Porch Group Inc (PRCH) estimates and forecasts
Looking at statistics comparing Porch Group Inc share performance against respective industry, we note that the company has outperformed competitors. Porch Group Inc (PRCH) shares are -68.00% down over the last 6 months, with its year-to-date growth rate higher than industry average at 45.32% against 18.60%.
PRCH Dividends
Porch Group Inc has its next earnings report out on 2024-Nov-05. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Porch Group Inc (NASDAQ:PRCH)’s Major holders
Porch Group Inc insiders hold 19.56% of total outstanding shares, with institutional holders owning 49.04% of the shares at 60.96% float percentage. In total, 49.04% institutions holds shares in the company, led by GRANAHAN INVESTMENT MANAGEMENT, LLC. As of 2024-06-30, the company held over 9.89 million shares (or 10.142% of shares), all amounting to roughly $14.93 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 4.98 million shares, or about 5.1095% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $7.52 million.
We also have Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the Porch Group Inc (PRCH) shares. Going by data provided on Jun 30, 2024, Vanguard Total Stock Market Index Fund holds roughly 2.5 shares. This is just over 2.10% of the total shares, with a market valuation of $3.52 million. Data from the same date shows that the other fund manager holds a little less at 2.1, or 1.76% of the shares, all valued at about 2.95 million.
