A company insider recently sold 60,000 shares of Porch Group Inc [PRCH]. Should You Sale?

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 $596,622 were sold by Neagle Matthew on May 27 ’25. At $9.94 per share, Neagle Matthew sold 60,000 shares. The insider’s holdings dropped to 1,078,080 shares worth approximately $10.17 million following the completion of this transaction.

Also, Neagle Matthew sold 60,000 shares, netting a total of over 631,776 in proceeds. Following the sale of shares at $10.53 each, the insider now holds 1,138,080 shares.

Before that, Neagle Matthew had sold 250,000 shares from its account. In a trade valued at $2,558,475, the Chief Operating Officer traded Porch Group Inc shares for $10.23 each. Upon closing the transaction, the insider’s holdings decreased to 250,000 shares, worth approximately $11.3 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 drop of approximately -0.84%. Over the course of the year, Porch Group Inc shares have jumped approximately 91.67%. Shares of the company reached a 52-week high of $12.20 on 05/20/25 and a 52-week low of $3.72 on 02/25/25.

Support And Resistance Levels for Porch Group Inc (PRCH)

According to the 24-hour chart, there is a support level at 9.08, which, if violated, would cause prices to drop to 8.72. In the upper region, resistance lies at 9.87. The next price resistance is at 10.30. RSI (Relative Strength Index) is 55.30 on the 14-day chart, showing neutral technical sentiment.

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