Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) CAO Sells 5,611 Shares of Stock

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) CAO Brandt Walter Kucharski sold 5,611 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $34.26, for a total transaction of $192,232.86. Following the completion of the transaction, the chief accounting officer owned 100,383 shares in the company, valued at approximately $3,439,121.58. This trade represents a 5.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Brandt Walter Kucharski also recently made the following trade(s):

• On Friday, August 14th, Brandt Walter Kucharski sold 77,436 shares of Ethos Technologies Inc. Class A Common Stock stock. The stock was sold at an average price of $34.93, for a total transaction of $2,704,839.48.

Ethos Technologies Inc. Class A Common Stock Price Performance

Shares of NASDAQ LIFE traded down $1.16 during midday trading on Tuesday, reaching $34.01. 1,508,950 shares of the stock were exchanged, compared to its average volume of 659,019. The stock’s 50 day simple moving average is $21.15. The stock has a market capitalization of $2.17 billion and a P/E ratio of -11.93. Ethos Technologies Inc. Class A Common Stock has a 52-week low of $9.45 and a 52-week high of $35.69.

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) last announced its quarterly earnings data on Monday, August 3rd. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.34. The firm had revenue of $189.56 million for the quarter. The company’s quarterly revenue was up 113.5% on a year-over-year basis. Research analysts predict that Ethos Technologies Inc. Class A Common Stock will post -2.13 earnings per share for the current year.

Analyst Ratings Changes

LIFE has been the topic of a number of recent analyst reports. The Goldman Sachs Group reissued a “buy” rating and set a $35.00 price target on shares of Ethos Technologies Inc. Class A Common Stock in a research note on Tuesday, August 4th. Citizens Jmp lifted their price objective on Ethos Technologies Inc. Class A Common Stock from $27.00 to $33.00 and gave the company a “market outperform” rating in a research report on Tuesday, August 4th. Wall Street Zen upgraded Ethos Technologies Inc. Class A Common Stock from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. William Blair set a $33.00 target price on Ethos Technologies Inc. Class A Common Stock in a research report on Tuesday, August 4th. Finally, JPMorgan Chase & Co. raised their price target on Ethos Technologies Inc. Class A Common Stock from $21.50 to $23.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Six research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $32.29.

Hedge Funds Weigh In On Ethos Technologies Inc. Class A Common Stock

An institutional investor recently bought a new position in Ethos Technologies Inc. Class A Common Stock stock. Philadelphia Investment Partners LLC purchased a new stake in Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) during the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 1,129 shares of the company’s stock, valued at approximately $189,000. 61.72% of the stock is owned by institutional investors.

About Ethos Technologies Inc. Class A Common Stock

Ethos Technologies Inc operates a technology-driven, direct-to-consumer platform for the distribution of life insurance products. Through its digital underwriting, data analytics, and proprietary technology, it enables consumers to explore, compare, and purchase life insurance policies online. The platform serves consumers, agents, and insurance carriers, and supports the application and policy issuance process through an online interface. The company works with insurance carriers to offer life insurance products in the United States through digital channels and independent agents.