Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Porch Group Inc shares valued at $53,424 were sold by Tabak Shawn on Apr 15 ’25. At $5.34 per share, Tabak Shawn sold 10,000 shares. The insider’s holdings dropped to 218,580 shares worth approximately $1.34 million following the completion of this transaction.
Also, Tabak Shawn purchased 10,000 shares, netting a total of over 52,985 in proceeds.
Before that, Neagle Matthew had sold 42,672 shares from its account. In a trade valued at $301,392, the Chief Operating Officer traded Porch Group Inc shares for $7.06 each. Upon closing the transaction, the insider’s holdings decreased to 42,672 shares, worth approximately $8.07 million.
As published in a research note from Loop Capital on February 26, 2025, Porch Group Inc [PRCH] has been rated up from a Hold to a Buy and the price target has been revised to $6. As of March 15, 2023, Loop Capital has decreased its “Buy” rating to a “Hold” for PRCH. Earlier on November 09, 2022, JP Morgan downgraded its rating. Their new recommendation was “a Neutral” for PRCH stock which previously was a “an Overweight”.
Analyzing PRCH Stock Performance
During the last five days, there has been a surge of approximately 11.84%. Over the course of the year, Porch Group Inc shares have jumped approximately 24.80%. Shares of the company reached a 52-week high of $8.48 on 03/26/25 and a 52-week low of $3.72 on 02/25/25. A 50-day SMA is recorded $6.03, while a 200-day SMA reached $3.69.
Support And Resistance Levels for Porch Group Inc (PRCH)
According to the 24-hour chart, there is a support level at 5.87, which, if violated, would cause prices to drop to 5.61. In the upper region, resistance lies at 6.36. The next price resistance is at 6.59. RSI (Relative Strength Index) is 54.13 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.57, which suggests the price will decrease in the coming days. Percent R is at 10.75%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
