SelectQuote, Inc. (NYSE:SLQT) Director Acquires $14,480.00 in Stock

SelectQuote, Inc. (NYSE:SLQT - Get Free Report) Director Denise L. Devine acquired 4,000 shares of the firm's stock in a transaction on Friday, March 14th. The shares were acquired at an average price of $3.62 per share, with a total value of $14,480.00. Following the completion of the purchase, the director now owns 318,583 shares in the company, valued at approximately $1,153,270.46. This trade represents a 1.27 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link.

SelectQuote Stock Performance

NYSE:SLQT traded down $0.03 during trading hours on Friday, reaching $3.79. The company had a trading volume of 1,396,119 shares, compared to its average volume of 1,283,442. The company has a debt-to-equity ratio of 2.10, a current ratio of 6.36 and a quick ratio of 6.36. SelectQuote, Inc. has a 1-year low of $1.48 and a 1-year high of $6.86. The business's 50 day moving average price is $4.37 and its 200-day moving average price is $3.28. The firm has a market cap of $651.57 million, a PE ratio of -42.06 and a beta of 1.13.

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

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Institutional Investors Weigh In On SelectQuote

Institutional investors have recently modified their holdings of the business. OneDigital Investment Advisors LLC purchased a new position in SelectQuote during the fourth quarter worth approximately $46,000. Oppenheimer & Co. Inc. purchased a new position in shares of SelectQuote during the 4th quarter valued at approximately $47,000. Cibc World Markets Corp acquired a new stake in SelectQuote in the 4th quarter valued at $47,000. Bayesian Capital Management LP acquired a new position in SelectQuote during the fourth quarter worth $55,000. Finally, Mason Investment Advisory Services Inc. lifted its holdings in 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 purchasing an additional 5,000 shares in the last quarter. 34.59% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Noble Financial upgraded shares of SelectQuote to a "strong-buy" rating in a research report on Wednesday, February 12th.

About SelectQuote

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.