Porch Group Inc (NASDAQ:PRCH) Has Risen By -25.51 Percent Over The Past 30 Days: Will It Continue?

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In last trading session, Porch Group Inc (NASDAQ:PRCH) saw 1.66 million shares changing hands with its beta currently measuring 2.51. Company’s recent per share price level of $5.11 trading at $0.23 or 4.82% at ring of the bell on the day assigns it a market valuation of $520.43M. That closing price of PRCH’s stock is at a discount of -65.95% from its 52-week high price of $8.48 and is indicating a premium of 79.45% from its 52-week low price of $1.05. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.04 million shares which gives us an average trading volume of 2.53 million if we extend that period to 3-months.

Porch Group Inc (NASDAQ:PRCH) trade information

Upright in the green during last session for gaining 4.82%, in the last five days PRCH remained trading in the red while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $5.11 price level, adding 5.19% to its value on the day. Porch Group Inc’s shares saw a change of 3.86% in year-to-date performance and have moved -6.07% in past 5-day. Porch Group Inc (NASDAQ:PRCH) showed a performance of -25.51% in past 30-days. Number of shares sold short was 10.35 million shares which calculate 3.92 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a fall of -27.75% to its current value. Analysts have been projecting 4 as a low price target for the stock while placing it at a high target of 4. It follows that stock’s current price would jump 21.72% in reaching the projected high whereas dropping to the targeted low would mean a gain of 21.72% for stock’s current value.

Porch Group Inc (NASDAQ:PRCH)’s Major holders

Insiders are in possession of 22.37% of company’s total shares while institution are holding 62.73 percent of that, with stock having share float percentage of 80.81%. Investors also watch the number of corporate investors in a company very closely, which is 62.73% institutions for Porch Group Inc that are currently holding shares of the company. GRANAHAN INVESTMENT MANAGEMENT, LLC is the top institutional holder at PRCH for having 9.89 million shares of worth $14.93 million. And as of 2024-06-30, it was holding 9.9701 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 4.98 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.0229 of outstanding shares, having a total worth of $7.52 million.

On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Harbor Funds II-Embark Small Cap Equity Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 3.34 shares of worth $17.06 million or 3.28% of the total outstanding shares. The later fund manager was in possession of 3.15 shares on Jan 31, 2025 , making its stake of worth around $16.1 million in the company or a holder of 3.09% of company’s stock.