Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) Price Target Raised to $33.00

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) had its price target hoisted by Citizens Jmp from $27.00 to $33.00 in a research report report published on Tuesday,Benzinga reports. Citizens Jmp currently has a market outperform rating on the stock.

Several other equities analysts also recently weighed in on the company. Robert W. Baird raised their price objective on Ethos Technologies Inc. Class A Common Stock from $26.00 to $32.00 and gave the company an “outperform” rating in a research note on Tuesday. William Blair set a $33.00 target price on Ethos Technologies Inc. Class A Common Stock in a research report on Tuesday. Wall Street Zen cut Ethos Technologies Inc. Class A Common Stock from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. The Goldman Sachs Group restated a “buy” rating and set a $35.00 target price on shares of Ethos Technologies Inc. Class A Common Stock in a research report on Tuesday. Finally, Weiss Ratings downgraded Ethos Technologies Inc. Class A Common Stock from a “hold (c)” rating to a “sell (d)” rating in a report on Tuesday, May 26th. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $32.29.

Ethos Technologies Inc. Class A Common Stock Stock Up 7.5%

Shares of NASDAQ LIFE opened at $29.81 on Tuesday. Ethos Technologies Inc. Class A Common Stock has a one year low of $9.45 and a one year high of $32.50. The stock has a market cap of $1.88 billion and a price-to-earnings ratio of -9.46. The stock’s fifty day moving average is $18.90.

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) last issued its earnings results on Monday, August 3rd. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.34. The company had revenue of $189.56 million for the quarter. The company’s revenue for the quarter was up 113.5% compared to the same quarter last year. As a group, equities research analysts forecast that Ethos Technologies Inc. Class A Common Stock will post -2.44 earnings per share for the current year.

Insider Transactions at Ethos Technologies Inc. Class A Common Stock

In related news, CAO Brandt Walter Kucharski sold 5,823 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $22.06, for a total transaction of $128,455.38. Following the transaction, the chief accounting officer directly owned 183,430 shares in the company, valued at $4,046,465.80. This trade represents a 3.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, President Lingke Wang sold 46,349 shares of Ethos Technologies Inc. Class A Common Stock stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $22.11, for a total value of $1,024,776.39. Following the completion of the transaction, the president owned 764,836 shares of the company’s stock, valued at approximately $16,910,523.96. The trade was a 5.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 781,048 shares of company stock valued at $16,165,634 over the last 90 days. Corporate insiders own 3.70% of the company’s stock.

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.