UNITED STATES | |
SECURITIES AND EXCHANGE COMMISSION | |
Washington, D.C. 20549 | |
Notice of Effectiveness | |
Effectiveness Date: | May 13, 2024 4:00 P.M. |
Form: | S-3 | ||||||
|
UNITED STATES | |
SECURITIES AND EXCHANGE COMMISSION | |
Washington, D.C. 20549 | |
Notice of Effectiveness | |
Effectiveness Date: | May 13, 2024 4:00 P.M. |
Form: | S-3 | ||||||
|
Date | Price Target | Rating | Analyst |
---|---|---|---|
3/15/2023 | $4.00 → $2.00 | Buy → Hold | Loop Capital |
11/9/2022 | Overweight → Neutral | JP Morgan | |
8/10/2022 | $10.00 → $8.00 | Overweight | Cantor Fitzgerald |
7/25/2022 | $5.25 → $3.25 | Outperform → Mkt Perform | Keefe Bruyette |
5/25/2022 | $11.50 | Buy | Compass Point |
5/23/2022 | $8.00 | Overweight | JP Morgan |
3/10/2022 | $26.00 → $23.00 | Overweight | Stephens & Co. |
3/2/2022 | $16.00 → $22.00 | Buy | Loop Capital |
Porch Group, Inc. ("Porch") (NASDAQ:PRCH), a homeowners insurance and vertical software platform, today announced its upcoming investor event attendance. Porch Management will be attending and participating in one-on-one and group investor meetings at these upcoming events: August 15, 2024: Craig-Hallum Non-Deal Roadshow (virtual) August 26, 2024: Stephens Non-Deal Roadshow (virtual) September 5, 2024: Benchmark Tech, Media & Telecom Conference (New York) These investor events and future events can be found on our website here. About Porch Group Porch is a homeowners insurance and vertical software platform. Porch's strategy to win in homeowners insurance is to leverage un
Solid performance in the second quarter Porch Group, Inc. ("Porch Group" or "the Company") (NASDAQ:PRCH), a homeowners insurance and vertical software platform, today reported second quarter results through June 30, 2024, with total revenue of $110.8 million, which increased 12% compared to the prior year. GAAP net loss was $64.3 million, an improvement of $22.6 million compared to the prior year, and Adjusted EBITDA Loss was $34.8 million, an improvement of $8.4 million compared to the prior year. CEO Summary "The team delivered a solid performance this quarter. Despite a May hurricane-like event in Houston with 100 miles per hour sustained winds that caused catastrophic weather clai
Porch Group, Inc. ("Porch" or "the Company") (NASDAQ:PRCH), a homeowners insurance and vertical software platform, today announced it has filed a new and updated application to form and license a Texas reciprocal insurance exchange ("Reciprocal") with the Texas Department of Insurance ("TDI"). If approved and fully implemented as proposed, Homeowners of America Insurance Company ("HOA"), Porch's homeowners insurance carrier, would be sold to the Reciprocal at inception resulting in all premiums, policies, and insurance underwriting being conducted through the Reciprocal1. The formation of the Reciprocal is an important step in Porch's long-term strategy to reduce its exposure to earnings
EFFECT - Porch Group, Inc. (0001784535) (Filer)
S-3 - Porch Group, Inc. (0001784535) (Filer)
10-Q - Porch Group, Inc. (0001784535) (Filer)
SC 13G/A - Porch Group, Inc. (0001784535) (Subject)
SC 13G/A - Porch Group, Inc. (0001784535) (Subject)
SC 13D/A - Porch Group, Inc. (0001784535) (Subject)
Solid performance in the second quarter Porch Group, Inc. ("Porch Group" or "the Company") (NASDAQ:PRCH), a homeowners insurance and vertical software platform, today reported second quarter results through June 30, 2024, with total revenue of $110.8 million, which increased 12% compared to the prior year. GAAP net loss was $64.3 million, an improvement of $22.6 million compared to the prior year, and Adjusted EBITDA Loss was $34.8 million, an improvement of $8.4 million compared to the prior year. CEO Summary "The team delivered a solid performance this quarter. Despite a May hurricane-like event in Houston with 100 miles per hour sustained winds that caused catastrophic weather clai
Porch Group, Inc. ("Porch Group," "Porch" or "the Company") (NASDAQ:PRCH), a homeowners insurance and vertical software platform, today announced it will report financial results for the second quarter ended June 30, 2024, after markets close on Tuesday, August 6, 2024. Conference Call Porch management will host a live webinar to discuss the financial results and business followed by Q&A on Tuesday, August 6, 2024, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time). A presentation to accompany the discussion will be posted on the company website, along with a press release and other supplemental financial information. All are invited to listen to the event by registering for the webin
Strong operating execution in Q1, increasing full year Adjusted EBITDA Guidance Porch Group, Inc. ("Porch Group" or "the Company") (NASDAQ:PRCH), a homeowners insurance and vertical software platform, today reported first quarter results through March 31, 2024, with total revenue of $115.4 million, which increased 32% compared to the prior year. GAAP net loss was $13.4 million, an improvement of $25.4 million compared to the prior year, and Adjusted EBITDA Loss was $16.8 million, an improvement of $5.1 million compared to the prior year. CEO Summary "We are pleased with the results we delivered in the first quarter, with revenue growth of 32% and the year-over-year improvement in prof
4 - Porch Group, Inc. (0001784535) (Issuer)
4 - Porch Group, Inc. (0001784535) (Issuer)
4 - Porch Group, Inc. (0001784535) (Issuer)
Keefe, Bruyette & Woods analyst Ryan Tomasello maintains Porch Group (NASDAQ:PRCH) with a Market Perform and maintains $3.75 price target.
Gainers Ambarella (NASDAQ:AMBA) shares rose 15.9% to $56.0 during Thursday's after-market session. The market value of their outstanding shares is at $2.2 billion. As per the news, the Q1 earnings report came out today. Zscaler (NASDAQ:ZS) shares rose 13.87% to $178.39. The market value of their outstanding shares is at $26.7 billion. As per the news, the Q3 earnings report came out today. Asana (NYSE:ASAN) shares rose 9.29% to $14.35. The company's market cap stands at $3.2 billion. As per the news, the Q1 earnings report came out today. AEye (NASDAQ:LIDR) shares moved upwards by 5.29% to $3.78. The market value of their outstanding shares is at $25.0 million. Brand Engagement Network
SEATTLE, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. ("Porch Group" or "the Company") (NASDAQ:PRCH), a leading vertical software company reinventing the home services and insurance industries, today announced the appointment of Shawn Tabak as Chief Financial Officer (CFO), effective November 9, 2022. Marty Heimbigner, Porch Group's current Chief Financial Officer, will remain with the Company for a transitional period in a supporting role. "I couldn't be more thrilled to welcome Shawn to Porch Group. With his strategic background, specifically within the technology industry, we are confident that he is well suited to help drive our company forward and create additional value for o
SEATTLE, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. ("Porch Group" or "the Company") (NASDAQ:PRCH), a leading vertical software company reinventing the home services and insurance industries, today announced that Amanda Reierson and Camilla Velasquez have been appointed to its Board of Directors ("Board"), effective immediately. With the appointment of these two accomplished women, Porch Group's Board will comprise eight directors, fifty percent of whom are members of diverse communities. "We are very pleased to have Amanda and Camilla join our Board," said Matt Ehrlichman, CEO, Chairman and Founder of Porch Group. "The addition of these directors complements our board of directo
SEATTLE, May 31, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. ("Porch Group" or "the Company") (NASDAQ:PRCH), a leading vertical software company reinventing the home services and insurance industries, is pleased to announce the appointment of three key members to its management team. These additions to the Porch Group leadership team provide strategic guidance to the Company's ongoing corporate development and drive innovative value across several of the organizations departments. Janet Zimmermann has been appointed as Vice President of People to lead Porch's human resource functions and the scaling of its People organization. In this role, Zimmermann will leverage her expertise to continu
4/A - Porch Group, Inc. (0001784535) (Issuer)
4 - Porch Group, Inc. (0001784535) (Issuer)
4 - Porch Group, Inc. (0001784535) (Issuer)
Loop Capital downgraded Porch Group from Buy to Hold and set a new price target of $2.00 from $4.00 previously
JP Morgan downgraded Porch Group from Overweight to Neutral
Cantor Fitzgerald resumed coverage of Porch Group with a rating of Overweight and set a new price target of $8.00 from $10.00 previously