Brandt Walter Kucharski Sells 77,436 Shares of Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) Stock

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) CAO Brandt Walter Kucharski sold 77,436 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $34.93, for a total value of $2,704,839.48. Following the completion of the transaction, the chief accounting officer directly owned 105,994 shares in the company, valued at $3,702,370.42. This represents a 42.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Brandt Walter Kucharski also recently made the following trade(s):

• On Monday, August 17th, Brandt Walter Kucharski sold 5,611 shares of Ethos Technologies Inc. Class A Common Stock stock. The stock was sold at an average price of $34.26, for a total value of $192,232.86.

Ethos Technologies Inc. Class A Common Stock Price Performance

LIFE traded down $1.16 during trading on Tuesday, reaching $34.01. 1,508,950 shares of the company’s stock were exchanged, compared to its average volume of 659,019. Ethos Technologies Inc. Class A Common Stock has a 1 year low of $9.45 and a 1 year high of $35.69. The stock has a fifty day moving average of $21.15. The stock has a market capitalization of $2.17 billion and a PE ratio of -11.93.

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) last released its quarterly earnings data on Monday, August 3rd. The company reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.34. The business had revenue of $189.56 million during the quarter. The company’s revenue for the quarter was up 113.5% on a year-over-year basis. As a group, analysts predict that Ethos Technologies Inc. Class A Common Stock will post -2.13 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on Ethos Technologies Inc. Class A Common Stock from $21.50 to $23.00 and gave the company an “overweight” rating in a report on Monday, July 13th. The Goldman Sachs Group reiterated a “buy” rating and set a $35.00 price target on shares of Ethos Technologies Inc. Class A Common Stock in a research report on Tuesday, August 4th. Weiss Ratings lowered Ethos Technologies Inc. Class A Common Stock from a “hold (c)” rating to a “sell (d)” rating in a research report on Tuesday, May 26th. William Blair set a $33.00 price objective on shares of Ethos Technologies Inc. Class A Common Stock in a research note on Tuesday, August 4th. Finally, Citizens Jmp lifted their target price on shares of Ethos Technologies Inc. Class A Common Stock from $27.00 to $33.00 and gave the company a “market outperform” rating in a 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 stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $32.29.

Hedge Funds Weigh In On Ethos Technologies Inc. Class A Common Stock

An institutional investor recently bought a new stake 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 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 3,847 shares of the company’s stock, valued at approximately $69,000. Institutional investors own 61.72% of the company’s stock.

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.