SelectQuote, Inc. (NYSE:SLQT - Get Free Report)'s stock price was up 3.7% on Tuesday . The company traded as high as $3.70 and last traded at $3.74. Approximately 248,671 shares traded hands during trading, a decline of 80% from the average daily volume of 1,269,547 shares. The stock had previously closed at $3.60.
Analyst Ratings Changes
Several brokerages have recently issued reports on SLQT. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $4.00 price objective on shares of SelectQuote in a report on Friday, November 22nd. Noble Financial raised shares of SelectQuote to a "strong-buy" rating in a research note on Wednesday, February 12th.
Read Our Latest Stock Analysis on SelectQuote
SelectQuote Trading Down 0.7 %
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 company has a market capitalization of $651.57 million, a PE ratio of -42.06 and a beta of 1.13. The stock's 50 day moving average is $4.37 and its two-hundred day moving average is $3.28.
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, 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, sell-side analysts predict that SelectQuote, Inc. will post -0.07 EPS for the current fiscal year.
Insider Transactions at SelectQuote
In related news, insider Sarah Taylor Anderson sold 50,000 shares of the business's stock in a transaction that occurred on 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 transaction, the insider now owns 1,166 shares in the company, valued at $6,343.04. The trade was a 97.72 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 11.40% of the company's stock.
Hedge Funds Weigh In On SelectQuote
Institutional investors and hedge funds have recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of SelectQuote by 17.1% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 623,548 shares of the company's stock worth $1,353,000 after purchasing an additional 91,071 shares in the last quarter. Intech Investment Management LLC acquired a new stake in SelectQuote in the third quarter worth about $123,000. Charles Schwab Investment Management Inc. grew its stake in shares of SelectQuote by 4.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,181,663 shares of the company's stock worth $2,564,000 after acquiring an additional 53,159 shares during the last quarter. Mason Investment Advisory Services Inc. increased its holdings 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 in the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of SelectQuote in the 3rd quarter valued at approximately $311,000. 34.59% of the stock is owned by hedge funds and other institutional investors.
SelectQuote Company Profile
(
Get 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.
Further Reading
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