Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) CAO Sells 8,735 Shares of Stock

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) CAO Brandt Walter Kucharski sold 8,735 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $32.47, for a total transaction of $283,625.45. Following the sale, the chief accounting officer owned 91,648 shares in the company, valued at approximately $2,975,810.56. The trade was a 8.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, August 17th, Brandt Walter Kucharski sold 5,611 shares of Ethos Technologies Inc. Class A Common Stock stock. The shares were sold at an average price of $34.26, for a total transaction of $192,232.86.
• 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 up $0.64 during midday trading on Friday, reaching $34.16. The stock had a trading volume of 849,535 shares, compared to its average volume of 669,243. The company has a market cap of $2.18 billion and a P/E ratio of -11.99. Ethos Technologies Inc. Class A Common Stock has a 12-month low of $9.45 and a 12-month high of $35.69. The business’s 50-day simple moving average is $22.13.

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

Analyst Ratings Changes

LIFE has been the topic of several research analyst reports. Citigroup restated a “market outperform” rating on shares of Ethos Technologies Inc. Class A Common Stock in a research report on Tuesday, August 4th. Barclays lifted their target price on Ethos Technologies Inc. Class A Common Stock from $27.00 to $37.00 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Wall Street Zen raised Ethos Technologies Inc. Class A Common Stock from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Citizens Jmp upped their price target on Ethos Technologies Inc. Class A Common Stock from $27.00 to $33.00 and gave the stock a “market outperform” rating in a research note on Tuesday, August 4th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Ethos Technologies Inc. Class A Common Stock from $21.50 to $23.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Six investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Ethos Technologies Inc. Class A Common Stock has a consensus rating of “Moderate Buy” and a consensus price target of $32.29.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Ethos Technologies Inc. Class A Common Stock stock. Philadelphia Investment Partners LLC bought a new position in Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,847 shares of the company’s stock, valued at approximately $69,000. Institutional investors and hedge funds own 61.72% of the company’s stock.

Ethos Technologies Inc. Class A Common Stock Company Profile

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.