SelectQuote, Inc. (NYSE:SLQT) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lowered its position in SelectQuote, Inc. (NYSE:SLQT - Free Report) by 16.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 313,740 shares of the company's stock after selling 59,900 shares during the period. Los Angeles Capital Management LLC owned approximately 0.18% of SelectQuote worth $1,167,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the business. Rhumbline Advisers boosted its stake in shares of SelectQuote by 2.6% in the fourth quarter. Rhumbline Advisers now owns 209,743 shares of the company's stock worth $780,000 after buying an additional 5,235 shares during the last quarter. SG Americas Securities LLC boosted its stake in shares of SelectQuote by 10.5% during the 4th quarter. SG Americas Securities LLC now owns 91,508 shares of the company's stock worth $340,000 after acquiring an additional 8,660 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of SelectQuote by 36.9% in the third 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 in the last quarter. Virtu Financial LLC acquired a new position in SelectQuote during the third quarter worth $150,000. Finally, Barclays PLC lifted its holdings in SelectQuote by 166.8% during the third quarter. Barclays PLC now owns 198,357 shares of the company's stock valued at $430,000 after purchasing an additional 124,005 shares in the last quarter. 34.59% of the stock is owned by hedge funds and other institutional investors.

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SelectQuote Price Performance

SLQT traded down $0.03 on Wednesday, reaching $4.00. 1,359,797 shares of the company's stock were exchanged, compared to its average volume of 1,250,086. SelectQuote, Inc. has a twelve month low of $1.48 and a twelve month high of $6.86. The stock has a market cap of $687.72 million, a PE ratio of -44.39 and a beta of 1.13. The company has a debt-to-equity ratio of 2.10, a current ratio of 6.36 and a quick ratio of 6.36. The stock's fifty day moving average price is $4.46 and its 200-day moving average price is $3.30.

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

Analyst Ratings Changes

A number of analysts have recently commented on SLQT shares. Royal Bank of Canada restated 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 raised SelectQuote to a "strong-buy" rating in a research note on Wednesday, February 12th.

Insider Activity

In other SelectQuote news, insider Sarah Taylor Anderson sold 50,000 shares of SelectQuote stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $5.44, for a total transaction of $272,000.00. Following the completion of the sale, the insider now directly owns 1,166 shares in the company, valued at $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 Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 11.40% of the company's stock.

SelectQuote 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.