Shawn Tabak Sells 25,000 Shares of Porch Group (NASDAQ:PRCH) Stock
Porch Group CFO Shawn Tabak recently sold 25,000 shares of the company's stock for $405,250, reducing his total holdings by 10.4%. This transaction was conducted under a Rule 10b5-1 trading plan. The sale follows a positive earnings report for Porch Group, which exceeded analyst expectations for both revenue and EPS, and the stock has seen a significant rise from its 52-week low.
Porch Group (PRCH) Q2 2026 Earnings Call Transcript
Porch Group (PRCH) exceeded expectations in Q2 2026, achieving Rule of 50 status with 23% revenue growth and a 30% adjusted EBITDA margin (excluding the reciprocal). The company raised its full-year 2026 guidance significantly, driven by strong performance in its Insurance Services segment, which saw 38% revenue growth and a 48% adjusted EBITDA margin. Key factors include rapid policy growth, expanding agency distribution, and strategic use of AI to enhance productivity and risk assessment, leading to a positive net income attributable to shareholders.
Arrowstreet Capital Limited Partnership Invests $1.01 Million in Porch Group, Inc. $PRCH
Arrowstreet Capital Limited Partnership has invested $1.01 million in Porch Group, Inc. by purchasing 141,505 shares. This investment contributes to the 48.48% institutional ownership of Porch Group, which recently surpassed earnings expectations with $0.05 EPS and $131.81 million in revenue. Analysts generally recommend a "Moderate Buy" for the stock, with an average price target of $18.79.
PRCH (PRCH) insider files to resell 25,000 common shares under Rule 144
An affiliate of Porch Group, Inc. (PRCH) has filed a Form 144 to sell up to 25,000 common shares, valued at $403,643.21, through Wells Fargo Clearing Services on Nasdaq. These shares originated from a Restricted Stock Unit (RSU) granted on April 7, 2026, with the potential sale date set for August 5, 2026. The filing also details previous open-market sales by Shawn Tabak, including significant transactions in May and July 2026.
Porch Group offers unique homebuyer data access and insurance services, rated a 'Buy' for growth potential.
Porch Group, Inc. provides software and services to homeowners, granting it early access to valuable homebuyer and property data, which serves as a significant competitive advantage. The company's Insurance Services segment drives revenue through policy growth and commissions, distinguishing it from pure insurance providers. This integrated business model underpins a positive 'Buy' rating due to strong growth prospects and attractive valuation.
Porch Group (Nasdaq:PRCH) - Stock Analysis
This Simply Wall St analysis of Porch Group (PRCH) highlights its market cap of US$1.9 billion and notes it trades significantly below its estimated fair value. The company's earnings are forecast to grow by 98.14% annually, with analysts generally expecting a 25.3% stock price increase. However, the report also flags risks such as significant insider selling and past share price volatility, while detailing recent financial results, analyst price target adjustments, and strategic moves like the acquisition of Homeowners of America Insurance Company.
Porch Group's post-earnings rally continues with another 11% surge (PRCH:NASDAQ)
Porch Group (PRCH) shares surged by another 11% on Monday, extending a rally that began last week following the company's strong second-quarter earnings report. The impressive Q2 results included significant growth in Insurance Services revenue, an increase in policies written, positive net income, and an adjusted EBITDA beat, leading management to raise its full-year guidance for both adjusted EBITDA and revenue.
Porch Group, Inc. (NASDAQ:PRCH) Given Average Rating of "Moderate Buy" by Brokerages
Porch Group, Inc. (NASDAQ:PRCH) has received a "Moderate Buy" consensus rating from analysts, with six out of nine recommending a buy and an average 12-month price target of $18.42. The company recently reported strong quarterly results, exceeding revenue and earnings expectations, which led several analysts to raise their price targets. Despite insider stock sales, institutional investors and hedge funds maintain significant positions, and management projects approximately $122 million in adjusted EBITDA for 2026.
Wall Street Analysts Are Bullish on Top Financial Picks
Three analysts from Benchmark Co., Bernstein, and Deutsche Bank have issued bullish ratings on Porch Group (PRCH), Robinhood (HOOD), and PennyMac Financial (PFSI), respectively. These financial picks are highlighted with specific price targets and upside potential, according to TipRanks data. The article details each company's recent analyst ratings and consensus, suggesting optimism within the Financial sector.
ETFs Investing in Porch Group, Inc. Stocks
This article lists various Exchange Traded Funds (ETFs) that hold stocks of Porch Group, Inc., providing a detailed table with market value, weight, issuer, management style, focus, expense ratio, AUM, price, change, relative volume, and 3-year NAV total return for each ETF. The ETFs range from passive small-cap funds to active information technology and micro-cap funds, offering diverse investment opportunities for those interested in Porch Group, Inc.
Analysts Offer Insights on Financial Companies: Porch Group (PRCH), Aon (AON) and Ares Capital (ARCC)
This article summarizes recent analyst ratings for three financial companies: Porch Group (PRCH), Aon (AON), and Ares Capital (ARCC). Porch Group received a "Strong Buy" consensus with an $18.00 price target from Cantor Fitzgerald. Aon has a "Moderate Buy" consensus, with BMO Capital maintaining a "Hold" rating, while Ares Capital also holds a "Moderate Buy" consensus, with Truist Financial assigning a "Buy" rating and a $21.00 price target.
Porch Group (NASDAQ:PRCH) Price Target Raised to $23.00 at Benchmark
Benchmark raised Porch Group's price target to $23 from $22, maintaining a "buy" rating and implying a 61.65% upside. This follows Porch Group beating quarterly EPS and revenue estimates. Despite positive analyst sentiment and strong quarterly results, the company faces risks including substantial insider selling, negative return on equity, and a high debt-to-equity ratio.
Porch Group earnings beat by $0.08, revenue topped estimates
Porch Group (NASDAQ: PRCH) reported Q2 earnings per share of $0.050, surpassing analyst estimates by $0.08, and revenue of $140.88 million, exceeding the consensus of $123.2 million. The company's stock price has increased by 19.880% in the last three months, though it is down 2.060% over the last year. InvestingPro indicates Porch Group has "great performance" in financial health.
Porch Group (PRCH) Q2 2026 Earnings Call Transcript
Porch Group (PRCH) reported strong Q2 2026 results, achieving Rule of 50 status with 23% revenue growth and 30% adjusted EBITDA margin excluding the reciprocal. The company significantly raised its full-year 2026 guidance for revenue and adjusted EBITDA, driven primarily by the Insurance Services segment which saw 38% revenue growth and a 48% adjusted EBITDA margin. Management emphasized the milestone of positive net income attributable to shareholders, strategic expansion through independent agencies, and leveraging AI for operational efficiency and risk pricing.
Earnings call transcript: Porch Group surges on q2 2026 revenue beat By Investing.com
Porch Group reported strong Q2 2026 results, exceeding revenue forecasts with $141 million and achieving positive net income attributable to shareholders. The company raised its full-year guidance for revenue, gross profit, and adjusted EBITDA, driven by significant growth in its Insurance Services segment. Shares rallied after hours, reflecting investor confidence in the company's improving profitability and operating leverage.
Porch Group (NASDAQ: PRCH) lifts 2026 guidance after strong Q2 gains
Porch Group (NASDAQ: PRCH) announced strong Q2 2026 financial results, with consolidated revenue up 12% year-over-year and Adjusted EBITDA (Excluding Reciprocal) surging 150%. The company also raised its full-year 2026 guidance for revenue, gross profit, and Adjusted EBITDA for its Porch-Owned Segments, reflecting significant growth in its Insurance Services. Despite a consolidated net loss, net income attributable to Porch was positive due to the improved performance of Porch-owned businesses.
Curious about the stocks that are showing activity after the closing bell on Wednesday?
This article details the top after-hours gainers and losers from Wednesday's trading session. It highlights several companies and their stock performance, often linking the movements to recent press releases regarding earnings or strategic partnerships. Key gainers include T3 DEFENSE INC (DFNS) and NUWELLIS INC (NUWE), while notable losers include INOVIO PHARMACEUTICALS INC (INO) and TELADOC HEALTH INC (TDOC).
BlackRock (PRCH) discloses 7.2% beneficial stake in Porch Group via 13G/A
BlackRock, Inc. has filed an amended Schedule 13G/A, reporting a 7.2% beneficial ownership stake in Porch Group, Inc. (PRCH), totaling 7,912,457 shares. BlackRock primarily holds sole voting and dispositive power over these shares, with no single underlying client holding more than five percent of Porch Group's outstanding common shares. This filing indicates a passive investment stance by BlackRock.
Earnings Flash (PRCH) Porch Group, Inc. Reports Q2 Revenue $140.9M, vs. FactSet Est of $122.3M
Porch Group, Inc. (PRCH) reported Q2 revenue of $140.9 million, significantly surpassing FactSet's estimate of $122.3 million. The company's Q2 earnings showed a swing to profitability, accompanied by a jump in sales and a set FY2026 revenue outlook, causing shares to surge premarket. Porch Group is a homeowners insurance company specializing in SaaS for home services.
Earnings call transcript: Porch Group surges on q2 2026 revenue beat
Porch Group reported strong Q2 2026 results, with revenue reaching $141 million, significantly beating Wall Street forecasts, and achieving positive net income attributable to shareholders. The company's stock jumped over 19% after hours due to these stronger-than-expected results and an increased full-year guidance across revenue, gross profit, and adjusted EBITDA. Management highlighted the strength of its Insurance Services segment, which saw a 38% revenue increase and 126% adjusted EBITDA growth, contributing to Porch Group's new "Rule of 50" status, indicating strong operating leverage.
Ashford Capital Management Inc. Has $4.99 Million Stake in Porch Group, Inc. $PRCH
Ashford Capital Management Inc. significantly increased its stake in Porch Group, Inc. (NASDAQ:PRCH) by 72% in the first quarter, now holding 696,180 shares valued at approximately $4.99 million. This move aligns with a generally positive sentiment from institutional investors, who collectively own 48.48% of the company. Porch Group also recently surpassed analyst expectations in its earnings report, posting an adjusted EPS of negative $0.04 against estimates of negative $0.10, and revenue of $109.44 million, exceeding the $94.72 million consensus.
Granahan Investment Management LLC Increases Stock Holdings in Porch Group, Inc. $PRCH
Granahan Investment Management LLC significantly increased its stake in Porch Group, Inc. (NASDAQ:PRCH) by 9.4% in the first quarter, making it their second-largest holding. This increased investment follows Porch Group's beat on Q1 earnings expectations, reporting a smaller loss and higher revenue than anticipated. Despite a "Moderate Buy" consensus from analysts and an average price target of $18.54, insiders have recently sold shares for tax-withholding purposes.
PRCH|Porch Group Inc|Price:11.830|Chg%:+0.200
Porch Group Inc (PRCH) shows stable fundamentals and high growth potential, with its valuation considered fairly valued within the Software & IT Services industry. Institutional ownership is very high, and analysts predominantly rate the stock as "Buy" with a target price of $16.75, suggesting a 27.38% upside. Despite recent market weakness, the company's strong fundamentals and sideways trading pattern between support and resistance levels make it suitable for potential range-bound swing trading.
4,076,745 Shares in Porch Group, Inc. $PRCH Bought by GC Wealth Management RIA LLC
GC Wealth Management RIA LLC recently acquired a significant new stake in Porch Group, Inc. (NASDAQ:PRCH), purchasing over 4 million shares valued at approximately $29.23 million. This makes Porch Group the 13th largest position in GC Wealth Management's portfolio, representing 3.19% of the company's stock. Other institutional investors have also adjusted their holdings in Porch Group, which has seen some insider selling recently.
Globeflex Capital L P Buys Shares of 342,376 Porch Group, Inc. $PRCH
Globeflex Capital L P recently acquired 342,376 shares of Porch Group, Inc. (NASDAQ:PRCH) for approximately $2.46 million, establishing a new position and representing about 0.27% ownership. Institutional investors collectively hold 48.48% of the stock, while analysts maintain a "Moderate Buy" rating with a consensus price target of $18.54. The article also notes recent insider selling by the CEO and COO to cover tax obligations related to equity awards.
Porch Group schedules live Q&A on second-quarter results July 29
Porch Group, Inc. (Nasdaq: PRCH) will release its second-quarter 2026 financial results after market close on Wednesday, July 29, 2026. Management will host a live webinar on the same day at 5:00 p.m. Eastern time to discuss the results and outlook, followed by a Q&A session. Supporting materials will be available on the company's investor relations website, and a replay of the webinar will also be provided.
Keefe, Bruyette & Woods Reaffirms Market Perform Rating for Porch Group (NASDAQ:PRCH)
Keefe, Bruyette & Woods has reaffirmed a "market perform" rating for Porch Group (NASDAQ:PRCH) and increased its price target to $16.25 from $13.00, suggesting a potential upside of 9.43%. The company recently exceeded quarterly earnings estimates, reporting a smaller loss per share and higher revenue than anticipated. Overall, analysts have a "Moderate Buy" consensus rating for Porch Group with an average target price of $18.54.
Keefe Bruyette cuts Porch Group stock rating on valuation By Investing.com
Keefe Bruyette & Woods downgraded Porch Group Inc. (NASDAQ:PRCH) to Market Perform from Outperform, despite raising its price target to $16.25 from $13.00, citing the stock's significant re-rating due to a 116% rise over the last three months. The firm noted that the current valuation, trading at approximately 16.5 times 2027 estimated EBITDA, raises concerns about the execution of its reciprocal written premium growth narrative and potential limitations from a softening homeowners insurance market. Despite the downgrade, Keefe Bruyette maintains a favorable long-term view due to ample excess insurance capital and underwriting advantages, while InvestingPro analysis suggests the stock is slightly undervalued.
Form 4 Porch Group Inc For: 7 July By Investing.com
This article announces a Form 4 filing for Porch Group Inc. (PRCH) on July 7th, as reported by Investing.com. It is a brief, unelaborated notice about the regulatory filing.
Porch Group (PRCH) CFO tax-driven share sale under 140,000-share 10b5-1 plan
Porch Group CFO Shawn Tabak sold 25,000 shares of common stock for tax planning purposes at a weighted average price of $16.1311 per share. This transaction was part of a pre-arranged Rule 10b5-1 trading plan established on November 19, 2025, which allows for the sale of up to 140,000 shares through March 31, 2027. After the sale, Tabak still holds a significant stake of 240,495 shares, and analysts view the sale as neutral given its pre-planned and tax-driven nature.
Porch Group (NASDAQ: PRCH) affiliate files Form 144 to sell 25,000 shares
An affiliate of Porch Group (NASDAQ: PRCH) has filed a Form 144 indicating a proposed sale of 25,000 common shares. These shares originated from Restricted Stock Units (RSUs) with an issuer date of April 7, 2026. The filing also details multiple past dispositions by Shawn Tabak between April and June 2026, including a significant 30,000-share sale on May 26, 2026.
Form 144 Porch Group For: 2 July By Investing.com
This article from Investing.com reports the filing of Form 144 for Porch Group (PRCH) on July 2nd. It provides key financial data for various indices, commodities, and bonds, and includes a list of top-performing and trending stocks. The piece notes that Porch Group experienced a -4.94% change amidst broader market movements.
Porch sponsoring debut $100m Harbor Crest Re 2026-1 catastrophe bond
Porch Group, a US homeowners insurer, has entered the catastrophe bond market with its first issuance, the $100 million Harbor Crest Re Ltd. (Series 2026-1). This bond will provide multi-peril collateralized catastrophe reinsurance for its underwriting entities, Porch Insurance Reciprocal Exchange and Homeowners of America Insurance Company. The notes offer approximately four years of protection against various perils across the US, structured on a per-occurrence and indemnity trigger basis with specific attachment and exhaustion points, marking another new sponsor in the cat bond market for 2026.
Park West (PRCH) discloses 5.0% ownership — 5.28M shares
Park West Asset Management LLC and Peter S. Park have disclosed a 5.0% passive ownership stake in Porch Group, Inc. (PRCH), totaling 5,284,559 shares. This ownership is held through two Cayman funds, PWIMF and PWPI, and is based on 105,371,353 shares outstanding as of October 31, 2025. The filing indicates shared voting and dispositive power over these shares, without asserting active control.
Park West (PRCH) discloses 5.1M-share stake in Porch Group (4.8%)
Park West Asset Management LLC, Park West Investors Master Fund, Limited, and Peter S. Park have jointly disclosed beneficial ownership of 5,098,692 shares (4.8%) in Porch Group, Inc. This information comes from a Schedule 13G/A filing, noting that Park West Asset Management LLC and Peter S. Park have shared voting and dispositive power over these shares. The percentages are based on 105,371,353 shares outstanding as of October 31, 2025, excluding treasury shares held by Porch Reciprocal Exchange.
Park West (PRCH) reports joint holdings of 5.5% and 5.0% in Porch Group
Park West Asset Management LLC, Park West Investors Master Fund, Limited, and Peter S. Park have jointly reported beneficial ownership in Porch Group, Inc. common stock. As of January 22, 2026, affiliated entities beneficially own 5.5% (5,834,559 shares) and 5.0% (5,270,252 shares) respectively, based on 105,371,353 outstanding shares. This Schedule 13G/A filing indicates passive investment with shared voting and dispositive power, not signaling changes in company control.
Porch Group (NASDAQ: PRCH) investors approve directors, pay and ESPP
Porch Group, Inc. (NASDAQ: PRCH) stockholders recently approved all proposals at their annual meeting on June 10, 2026. This included the election of eight directors, the ratification of Grant Thornton LLP as the independent auditor for 2026, and advisory approval of executive compensation. Investors also greenlit the company's Employee Stock Purchase Plan, demonstrating strong support for the company's governance and employee incentives.
Porch Group (PRCH) director granted 15,940 RSUs as annual board compensation
Porch Group (PRCH) director Maurice Tulloch received 15,940 restricted stock units (RSUs) as annual equity compensation for his board service. These RSUs, granted at $0.00 per share, vest on the one-year anniversary, provided Tulloch remains on the board, and come with resale restrictions. After this transaction, Tulloch directly holds 141,706 shares of Porch Group common stock.
Porch Group (PRCH) director receives 15,940 RSUs in annual equity grant
Porch Group director Alan R. Pickerill was granted 15,940 Restricted Stock Units (RSUs) as part of his annual equity compensation for board service. These RSUs convert to common stock after a one-year vesting period, provided he remains on the board. Post-vesting, two-thirds of the shares are subject to resale restrictions that lift in increments over two years.
Board member Lam gets annual RSU grant at Porch Group (PRCH)
Rachel Lam, a director at Porch Group, Inc. (PRCH), received an annual equity grant of 15,940 restricted stock units (RSUs) for her board service. These RSUs will vest on the one-year anniversary of the grant date, provided Lam remains on the board, and two-thirds of the vested shares will have resale restrictions for two years. Following this grant, Lam directly holds 193,931 shares of Porch Group common stock.
Porch Group (PRCH) director Amanda Reierson receives 15,940 RSU board grant
Porch Group (PRCH) director Amanda L. Reierson was granted 15,940 restricted stock units (RSUs) as part of her board compensation. These RSUs, which have a $0.00 exercise price, will vest on the one-year anniversary of the grant date, provided she remains on the board. Following this grant, Reierson directly holds 167,315 shares of Porch Group common stock, with two-thirds of the vested shares subject to resale restrictions that expire over two years.
RSU grant lifts Porch Group (PRCH) director Sean Davis to 313,647 shares
Porch Group director Sean Davis received a grant of 15,940 restricted stock units (RSUs) as compensation for his board service, increasing his direct holdings to 313,647 shares. The RSUs vest after one year, conditional on his continued directorship, and two-thirds of the vested shares will be subject to resale restrictions. This transaction was reported in a Form 4 filing and detailed in an insider trade summary.
Porch Group (PRCH) director receives 15,940 RSUs in annual board grant
Porch Group director Vengalil Regi was granted 15,940 restricted stock units (RSUs) as part of an annual board service award. These RSUs will vest on the one-year anniversary of the grant date, provided Regi remains on the board. After this transaction, Regi directly holds 181,843 shares of common stock, with two-thirds of the vested RSUs subject to resale restrictions for up to two years post-vesting.
Porch Group (PRCH) awards 15,940 RSUs to board director
Porch Group, Inc. (PRCH) has awarded 15,940 restricted stock units (RSUs) to board director Camilla Velasquez as compensation for her service. This non-cash grant increases her direct holdings to 219,291 shares. The RSUs will vest on the one-year anniversary of the grant date, provided she remains a board member, with two-thirds of the vested shares subject to resale restrictions that expire over two years.
Porch Group buys back 2.1M shares from insurance unit for $15M
Porch Group (NASDAQ:PRCH) repurchased approximately 2.1 million shares of its common stock from the Porch Reciprocal Exchange for $15 million in cash. This transaction, priced at $7.17 per share, increases the Reciprocal’s statutory surplus and is separate from the company's open market repurchase program. Analysts maintain a strong buy consensus for PRCH, rating its financial health as "GREAT" and its stock as undervalued despite recent mixed Q1 2026 earnings and an upward adjustment in revenue guidance.
Porch Group (NASDAQ: PRCH) internal share deal boosts Reciprocal surplus
Porch Group's wholly-owned captive reinsurer, Porticus Reinsurance Ltd., purchased 2,092,050 Porch common shares from the Porch Reciprocal Exchange for nearly $15 million. This internal transaction, executed at $7.17 per share, aims to increase the Reciprocal’s regulatory capital by converting non-admitted Porch shares into cash. The Reciprocal still retains approximately 16.2 million Porch shares, and its statutory surplus of $165 million as of Q1 2026 supports over $800 million in written premiums.
Porch Group Announces Purchase of PRCH Shares from the Reciprocal
Porch Group, Inc. announced the purchase of approximately 2.1 million shares of its common stock from the Porch Reciprocal Exchange for $15 million in cash. This transaction aims to increase the Reciprocal's statutory surplus by converting a portion of its stock holdings into cash. The Reciprocal will retain about 16.2 million Porch shares for future potential upside.
Insider Selling: Porch Group (NASDAQ:PRCH) CFO Sells 3,944 Shares of Stock
Porch Group's CFO, Shawn Tabak, sold 3,944 shares of the company's stock on June 2nd for approximately $42,871. This sale was made to cover tax withholding obligations related to equity awards and follows several other insider sales he conducted in May and late April. Despite these sales and a recent dip in stock price, Porch Group recently exceeded its quarterly earnings and revenue expectations and maintains a "Moderate Buy" analyst consensus.
Porch Group (PRCH) CFO executes mandatory RSU tax sell-to-cover trade
Porch Group, Inc.'s CFO, Shawn Tabak, automatically sold 3,944 shares of common stock at a weighted average price of $10.8701 per share on June 2, 2026. This mandatory "sell-to-cover" transaction was required by the company to satisfy tax withholding obligations from restricted stock units (RSUs) that vested on June 1, 2026. Following the sale, Tabak directly holds 265,495 shares of Porch Group common stock.
Shawn Tabak lists 5,000 RSUs for sale; recent April–May Common Stock trades (PRCH)
Shawn Tabak, an affiliate of Porch Group, Inc. (PRCH), has filed a Form 144 to report a proposed sale of 5,000 Restricted Stock Units (RSUs) dated June 1, 2026. The filing also details multiple past dispositions of Common Stock during April and May 2026, including a significant sale of 30,000 shares on May 26, 2026, and various smaller sales throughout the period. This notice provides transparency regarding the upcoming RSU sale and prior insider trading activities.
