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Fallout from the bankruptcy of reinsurer Vesttoo Ltd. ripples through the insurance industry, with Texas regulators keeping tabs on Homeowners of America Insurance Co.
Porch Group, Inc. (NASDAQ:PRCH – Get Free Report) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totalling 8,600,000 shares, a drop of 21.8% from the July 15th total of 11,000,000 shares. Based on an average daily volume of 1,250,000 shares, the short-interest ratio […]
Porch Group (NASDAQ:PRCH – Get Free Report) had its price objective dropped by Cantor Fitzgerald from $7.00 to $6.00 in a note issued to investors on Tuesday, FlyOnTheWall reports. Cantor Fitzgerald’s price objective would indicate a potential upside of 494.06% from the stock’s current price. Separately, Benchmark reiterated a “buy” rating and set a $14.00 […]
Porch Group (NASDAQ:PRCH – Get Free Report) is set to issue its quarterly earnings data after the market closes on Tuesday, August 8th. Analysts expect the company to announce earnings of ($0.41) per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link. Porch Group (NASDAQ:PRCH […]
Porch Group, Inc. (NASDAQ:PRCH – Get Rating) CEO Matt Ehrlichman bought 134,462 shares of Porch Group stock in a transaction dated Wednesday, May 17th. The stock was purchased at an average cost of $1.18 per share, with a total value of $158,665.16. Following the completion of the acquisition, the chief executive officer now directly owns […]