Lingke Wang Sells 118,333 Shares of Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) Stock

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) President Lingke Wang sold 118,333 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $33.29, for a total value of $3,939,305.57. Following the completion of the transaction, the president owned 1,537,543 shares of the company’s stock, valued at approximately $51,184,806.47. This represents a 7.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Lingke Wang also recently made the following trade(s):

• On Monday, August 17th, Lingke Wang sold 22,623 shares of Ethos Technologies Inc. Class A Common Stock stock. The shares were sold at an average price of $34.28, for a total transaction of $775,516.44.

Ethos Technologies Inc. Class A Common Stock Stock Up 1.9%

Shares of NASDAQ LIFE traded up $0.64 during trading on Friday, reaching $34.16. 849,535 shares of the stock were exchanged, compared to its average volume of 669,243. The business’s 50-day moving average price is $22.13. Ethos Technologies Inc. Class A Common Stock has a twelve month low of $9.45 and a twelve month high of $35.69. The company has a market cap of $2.18 billion and a P/E ratio of -11.99.

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) last announced its earnings results on Monday, August 3rd. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.34. The firm had revenue of $189.56 million during the quarter. The firm’s quarterly revenue was up 113.5% compared to the same quarter last year. Equities analysts anticipate that Ethos Technologies Inc. Class A Common Stock will post -2.13 earnings per share for the current year.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Ethos Technologies Inc. Class A Common Stock stock. Philadelphia Investment Partners LLC purchased a new stake in Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) in the second quarter, according to its most recent filing with the SEC. The fund purchased 3,847 shares of the company’s stock, valued at approximately $69,000. Hedge funds and other institutional investors own 61.72% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Barclays boosted their price target on Ethos Technologies Inc. Class A Common Stock from $27.00 to $37.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Citizens Jmp upped their target price on Ethos Technologies Inc. Class A Common Stock from $27.00 to $33.00 and gave the company a “market outperform” rating in a research report on Tuesday, August 4th. Wall Street Zen raised shares of Ethos Technologies Inc. Class A Common Stock from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Weiss Ratings lowered shares of Ethos Technologies Inc. Class A Common Stock from a “hold (c)” rating to a “sell (d)” rating in a report on Tuesday, May 26th. Finally, William Blair set a $33.00 target price on shares of Ethos Technologies Inc. Class A Common Stock in a research report on Tuesday, August 4th. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, Ethos Technologies Inc. Class A Common Stock presently has a consensus rating of “Moderate Buy” and an average target price of $32.29.

About Ethos Technologies Inc. Class A Common Stock

Ethos Technologies Inc operates a technology-driven, direct-to-consumer platform for the distribution of life insurance products. Through its digital underwriting, data analytics, and proprietary technology, it enables consumers to explore, compare, and purchase life insurance policies online. The platform serves consumers, agents, and insurance carriers, and supports the application and policy issuance process through an online interface. The company works with insurance carriers to offer life insurance products in the United States through digital channels and independent agents.