SelectQuote, Inc. (NYSE:SLQT) Shares Sold by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC decreased its position in shares of SelectQuote, Inc. (NYSE:SLQT - Free Report) by 84.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 49,211 shares of the company's stock after selling 273,369 shares during the quarter. Bryn Mawr Capital Management LLC's holdings in SelectQuote were worth $183,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Mason Investment Advisory Services Inc. increased its position in shares of SelectQuote by 33.3% during the third quarter. Mason Investment Advisory Services Inc. now owns 20,000 shares of the company's stock valued at $43,000 after acquiring an additional 5,000 shares during the last quarter. Rhumbline Advisers increased its position in shares of SelectQuote by 2.6% during the 4th quarter. Rhumbline Advisers now owns 209,743 shares of the company's stock valued at $780,000 after purchasing an additional 5,235 shares during the last quarter. Creative Planning grew its stake in shares of SelectQuote by 6.6% during the third quarter. Creative Planning now owns 100,019 shares of the company's stock valued at $217,000 after buying an additional 6,150 shares during the last quarter. SG Americas Securities LLC grew its holdings in shares of SelectQuote by 10.5% in the fourth quarter. SG Americas Securities LLC now owns 91,508 shares of the company's stock worth $340,000 after purchasing an additional 8,660 shares during the last quarter. Finally, State Street Corp grew its stake in SelectQuote by 0.7% in the third quarter. State Street Corp now owns 2,894,067 shares of the company's stock worth $6,280,000 after purchasing an additional 21,413 shares during the period. 34.59% of the stock is owned by institutional investors and hedge funds.

Remove Ads

SelectQuote Price Performance

Shares of NYSE:SLQT traded up $0.30 during trading on Wednesday, reaching $4.61. 1,167,679 shares of the company's stock traded hands, compared to its average volume of 2,311,120. The company has a quick ratio of 6.36, a current ratio of 6.36 and a debt-to-equity ratio of 2.10. The firm has a market cap of $793.07 million, a PE ratio of -51.28 and a beta of 1.15. SelectQuote, Inc. has a fifty-two week low of $1.48 and a fifty-two week high of $6.86. The company has a 50-day simple moving average of $4.31 and a 200-day simple moving average of $3.25.

SelectQuote (NYSE:SLQT - Get Free Report) last posted its earnings results on Monday, February 10th. The company reported $0.30 EPS for the quarter, beating analysts' consensus estimates of $0.09 by $0.21. SelectQuote had a negative net margin of 0.95% and a negative return on equity of 4.38%. As a group, analysts predict that SelectQuote, Inc. will post -0.07 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Royal Bank of Canada reissued a "sector perform" rating and set a $4.00 price target on shares of SelectQuote in a research report on Friday, November 22nd. Noble Financial upgraded SelectQuote to a "strong-buy" rating in a research report on Wednesday, February 12th.

SelectQuote Company Profile

SelectQuote, Inc operates a technology-enabled, direct-to-consumer distribution platform that sells a range of insurance products and healthcare services in the United States. The company operates through three segments: Senior; Life; and Auto & Home. It distributes senior health policies, such as medicare advantage, medicare supplement, medicare part D, and other ancillary senior health insurance related products, including prescription drugs, dental, vision, and hearing plans; life insurance products, such as term life, final expense, and other ancillary products, including critical illness, accidental death, and juvenile insurance; homeowners, auto, dwelling fire, and other ancillary insurance products; and non-commercial auto and home property, and casualty policies.