Porch Group Inc’s recent filing unveils that its Chief Operating Officer Neagle Matthew unloaded Company’s shares for reported $0.6 million on May 27 ’25. In the deal valued at $9.94 per share,60,000 shares were sold. As a result of this transaction, Neagle Matthew now holds 1,078,080 shares worth roughly $11.91 million.
Then, Neagle Matthew sold 60,000 shares, generating $631,776 in total proceeds. Upon selling the shares at $10.53, the Chief Operating Officer now owns 1,138,080 shares.
Before that, Neagle Matthew sold 250,000 shares. Porch Group Inc shares valued at $2,558,475 were divested by the Chief Operating Officer at a price of $10.23 per share. As a result of the transaction, Neagle Matthew now holds 1,198,080 shares, worth roughly $13.24 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 Monday, Porch Group Inc [NASDAQ:PRCH] saw its stock jump 1.70% to $11.05. Over the last five days, the stock has gained 18.13%. Porch Group Inc shares have risen nearly 124.49% since the year began. Nevertheless, the stocks have risen 441.42% over the past one year. While a 52-week high of $12.20 was reached on 05/20/25, a 52-week low of $1.05 was recorded on 02/25/25. SMA at 50 days reached $7.83, while 200 days put it at $4.73.
Levels Of Support And Resistance For PRCH Stock
The 24-hour chart illustrates a support level at 10.71, which if violated will result in even more drops to 10.37. On the upside, there is a resistance level at 11.25. A further resistance level may holdings at 11.45. The Relative Strength Index (RSI) on the 14-day chart is 65.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.48%. Stochastics %K at 46.62% indicates the stock is a holding.
