Porch Group Inc’s filing revealed that its CHIEF FINANCIAL OFFICER Tabak Shawn unloaded Company’s shares for reported $0.65 million on Feb 26 ’25. In the deal valued at $6.05 per share,108,226 shares were sold. As a result of this transaction, Tabak Shawn now holds 179,613 shares worth roughly $1.22 million.
Then, Tabak Shawn bought 108,226 shares, generating $650,120 in total proceeds.
Before that, Tabak Shawn sold 21,774 shares. Porch Group Inc shares valued at $130,705 were divested by the CHIEF FINANCIAL OFFICER at a price of $6.00 per share. As a result of the transaction, Tabak Shawn now holds 287,839 shares, worth roughly $1.95 million.
Loop Capital upgraded its Porch Group Inc [PRCH] rating to a Buy from a a Hold in a research note published recently. Loop Capital also remained covering PRCH and has decreased its forecast on March 15, 2023 with a “Hold” recommendation from previously “Buy” rating. JP Morgan revised its rating on November 09, 2022. It rated PRCH as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of PRCH
On Tuesday, Porch Group Inc [NASDAQ:PRCH] saw its stock fall -2.17% to $6.77. Over the last five days, the stock has gained 78.63%. Porch Group Inc shares have risen nearly 37.60% since the year began. Nevertheless, the stocks have risen 102.69% over the past one year. While a 52-week high of $7.19 was reached on 02/28/25, a 52-week low of $1.05 was recorded on 02/25/25. SMA at 50 days reached $4.93, while 200 days put it at $2.83.
Levels Of Support And Resistance For PRCH Stock
The 24-hour chart illustrates a support level at 6.16, which if violated will result in even more drops to 5.56. On the upside, there is a resistance level at 7.07. A further resistance level may holdings at 7.38. The Relative Strength Index (RSI) on the 14-day chart is 68.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.49, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.10%. Stochastics %K at 91.45% indicates the stock is a selling.
