SelectQuote, Inc. (NYSE:SLQT) Insider Sells $272,000.00 in Stock

SelectQuote, Inc. (NYSE:SLQT) insider Sarah Taylor Anderson sold 50,000 shares of the stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $5.44, for a total value of $272,000.00. Following the completion of the sale, the insider now owns 1,166 shares in the company, valued at $6,343.04. This trade represents a 97.72 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

SelectQuote Price Performance

SLQT traded up $0.28 during trading on Wednesday, reaching $4.59. The stock had a trading volume of 1,890,429 shares, compared to its average volume of 2,331,544. The business has a 50-day moving average of $4.31 and a 200-day moving average of $3.25. SelectQuote, Inc. has a one year low of $1.48 and a one year high of $6.86. The company has a debt-to-equity ratio of 2.10, a quick ratio of 6.36 and a current ratio of 6.36. The stock has a market cap of $790.14 million, a PE ratio of -51.00 and a beta of 1.15.

SelectQuote (NYSE:SLQT) last announced its quarterly earnings data on Monday, February 10th. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.09 by $0.21. SelectQuote had a negative return on equity of 4.38% and a negative net margin of 0.95%. As a group, equities research analysts anticipate that SelectQuote, Inc. will post -0.07 EPS for the current fiscal year.

Wall Street Analyst Weigh In

SLQT has been the topic of a number of research analyst reports. Noble Financial upgraded SelectQuote to a “strong-buy” rating in a research note on Wednesday, February 12th. Royal Bank of Canada restated a “sector perform” rating and issued a $4.00 price objective on shares of SelectQuote in a research report on Friday, November 22nd.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Bank of Montreal Can grew its holdings in shares of SelectQuote by 1.3% during the 4th quarter. Bank of Montreal Can now owns 202,675 shares of the company’s stock valued at $754,000 after purchasing an additional 2,674 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of SelectQuote by 4.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 76,907 shares of the company’s stock valued at $286,000 after buying an additional 3,352 shares during the last quarter. Invesco Ltd. grew its stake in shares of SelectQuote by 1.7% during the fourth quarter. Invesco Ltd. now owns 225,293 shares of the company’s stock valued at $838,000 after buying an additional 3,776 shares during the last quarter. Mason Investment Advisory Services Inc. increased its holdings in shares of SelectQuote by 33.3% in the third quarter. Mason Investment Advisory Services Inc. now owns 20,000 shares of the company’s stock worth $43,000 after buying an additional 5,000 shares during the period. Finally, Rhumbline Advisers lifted its stake in shares of SelectQuote by 2.6% in the 4th quarter. Rhumbline Advisers now owns 209,743 shares of the company’s stock valued at $780,000 after acquiring an additional 5,235 shares during the last quarter. 34.59% of the stock is owned by hedge funds and other institutional investors.

SelectQuote Company Profile

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.