Matthew Neagle Sells 63,979 Shares of Porch Group (NASDAQ:PRCH) Stock

30 Apr 2026, 16:34 by Doug Wharley · The Cerbat Gem

Porch Group, Inc. (NASDAQ:PRCH – Get Free Report) COO Matthew Neagle sold 63,979 shares of the firm’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $7.68, for a total value of $491,358.72. Following the completion of the sale, the chief operating officer directly owned 2,421,899 shares of the company’s stock, valued at $18,600,184.32. The trade was a 2.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Matthew Neagle also recently made the following trade(s):

On Tuesday, April 21st, Matthew Neagle sold 62,801 shares of Porch Group stock. The shares were sold at an average price of $8.12, for a total value of $509,944.12.
On Friday, April 17th, Matthew Neagle sold 58,978 shares of Porch Group stock. The shares were sold at an average price of $7.87, for a total value of $464,156.86.
On Tuesday, April 14th, Matthew Neagle sold 83,599 shares of Porch Group stock. The shares were sold at an average price of $6.84, for a total value of $571,817.16.
On Thursday, April 9th, Matthew Neagle sold 62,827 shares of Porch Group stock. The shares were sold at an average price of $7.15, for a total value of $449,213.05.
On Tuesday, April 7th, Matthew Neagle sold 28,825 shares of Porch Group stock. The shares were sold at an average price of $7.19, for a total value of $207,251.75.
On Thursday, April 2nd, Matthew Neagle sold 8,446 shares of Porch Group stock. The shares were sold at an average price of $6.98, for a total value of $58,953.08.

Porch Group Price Performance

NASDAQ:PRCH opened at $10.13 on Thursday. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of -202.60 and a beta of 3.09. Porch Group, Inc. has a 1 year low of $5.70 and a 1 year high of $19.44. The business has a 50 day simple moving average of $7.65 and a 200-day simple moving average of $9.34. The company has a debt-to-equity ratio of 17.20, a current ratio of 1.30 and a quick ratio of 1.30.

Porch Group (NASDAQ:PRCH – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.06. Porch Group had a negative return on equity of 51.86% and a negative net margin of 0.72%.The business had revenue of $109.44 million during the quarter, compared to analyst estimates of $93.99 million. Equities analysts forecast that Porch Group, Inc. will post 0.02 EPS for the current year.

Analysts Set New Price Targets

PRCH has been the subject of a number of recent analyst reports. Benchmark boosted their price objective on Porch Group from $21.00 to $22.00 and gave the company a “buy” rating in a report on Wednesday. Keefe, Bruyette & Woods raised Porch Group from a “market perform” rating to an “outperform” rating and cut their price objective for the company from $13.00 to $10.50 in a research report on Wednesday, February 11th. Finally, Zacks Research raised Porch Group from a “strong sell” rating to a “hold” rating in a research report on Friday, March 6th. Seven investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $17.36.

Get Our Latest Stock Report on Porch Group

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. SmartHarvest Portfolios LLC purchased a new stake in shares of Porch Group in the first quarter valued at approximately $108,000. Diversified Trust Co boosted its holdings in shares of Porch Group by 19.7% in the first quarter. Diversified Trust Co now owns 33,287 shares of the company’s stock valued at $239,000 after purchasing an additional 5,487 shares during the period. Osbon Capital Management LLC purchased a new position in Porch Group during the 4th quarter worth $25,000. Alpine Global Management LLC increased its holdings in Porch Group by 45.5% during the 4th quarter. Alpine Global Management LLC now owns 11,636 shares of the company’s stock worth $106,000 after purchasing an additional 3,636 shares during the period. Finally, Beartown Capital Management LLC purchased a new position in Porch Group during the 4th quarter worth $4,108,000. Hedge funds and other institutional investors own 48.48% of the company’s stock.

Trending Headlines about Porch Group

Here are the key news stories impacting Porch Group this week:

Positive Sentiment: Q1 beat — Porch reported EPS of ($0.04) vs. consensus ($0.10) and revenue of $109.4M vs. est. ~$94M; Adjusted EBITDA was positive at $19.7M, signaling improved operating leverage. Read More.
Positive Sentiment: Raised FY‑2026 revenue guidance to $495M–$507M (above consensus), implying management confidence in near‑term growth and underpinning the rally. Read More.
Neutral Sentiment: Earnings resources — Full earnings presentation and the call transcript are available for investors who want details on revenue mix, unit economics and management commentary. Read More. · Read More.
Neutral Sentiment: Insider sales disclosed — CEO Matt Ehrlichman, COO Matthew Neagle and CFO Shawn Tabak reported share sales on April 24 (large share counts); company and filings state the sales were to cover tax withholding tied to vested awards. Investors should note size but also that management still holds substantial positions. Read More. · Read More. · Read More.
Negative Sentiment: Profitability concerns remain — GAAP net loss (~$4.7M in Q1), negative net margin and negative ROE mean Porch is still not consistently profitable; investors must weigh growth and EBITDA gains against continued GAAP losses. Read More.

About Porch Group

(Get Free Report)

Porch Group, Inc operates a technology-driven home services platform designed to connect homeowners with professional contractors, maintenance providers and home improvement specialists. Through its online marketplace and proprietary software solutions, Porch enables users to research, compare and book services ranging from home repairs and remodeling to maintenance and renovations. The company’s platform integrates detailed provider profiles, customer reviews and real-time appointment scheduling to streamline the process of sourcing and managing home projects.