Diametric Capital LP bought a new stake in shares of SelectQuote, Inc. (NYSE:SLQT - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 193,974 shares of the company's stock, valued at approximately $722,000. Diametric Capital LP owned approximately 0.11% of SelectQuote as of its most recent filing with the SEC.
Several other large investors also recently modified their holdings of the stock. Barclays PLC lifted its position in SelectQuote by 166.8% during the 3rd quarter. Barclays PLC now owns 198,357 shares of the company's stock worth $430,000 after buying an additional 124,005 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of SelectQuote by 36.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 429,656 shares of the company's stock valued at $932,000 after buying an additional 115,865 shares during the period. SG Americas Securities LLC raised its position in shares of SelectQuote by 10.5% during 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 period. Oppenheimer & Co. Inc. acquired a new position in shares of SelectQuote in the fourth quarter valued at approximately $47,000. Finally, State Street Corp increased its holdings in SelectQuote by 0.7% during the 3rd 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 in the last quarter. 34.59% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Separately, Noble Financial raised SelectQuote to a "strong-buy" rating in a research report on Wednesday, February 12th.
Check Out Our Latest Research Report on SLQT
SelectQuote Price Performance
Shares of NYSE:SLQT traded down $0.30 during midday trading on Thursday, hitting $3.23. The stock had a trading volume of 1,484,465 shares, compared to its average volume of 1,293,421. The company's 50-day moving average price is $4.29 and its 200-day moving average price is $3.29. The company has a market capitalization of $555.16 million, a P/E ratio of -35.83 and a beta of 1.13. The company has a quick ratio of 6.36, a current ratio of 6.36 and a debt-to-equity ratio of 2.10. SelectQuote, Inc. has a fifty-two week low of $1.48 and a fifty-two week high of $6.86.
SelectQuote (NYSE:SLQT - Get Free Report) last released its quarterly earnings data on Monday, February 10th. The company reported $0.30 earnings per share (EPS) for the quarter, topping 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, equities research analysts predict that SelectQuote, Inc. will post -0.07 EPS for the current fiscal year.
Insider Buying and Selling at SelectQuote
In related news, insider Sarah Taylor Anderson sold 50,000 shares of SelectQuote stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $5.44, for a total transaction of $272,000.00. Following the sale, the insider now directly owns 1,166 shares in the company, valued at approximately $6,343.04. This trade represents a 97.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 11.40% of the company's stock.
About SelectQuote
(
Free Report)
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.
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