SelectQuote, Inc. (NYSE:SLQT) Director Purchases $257,517.00 in Stock

SelectQuote, Inc. (NYSE:SLQT) Director W Thomas Grant II purchased 220,100 shares of SelectQuote stock in a transaction that occurred on Friday, September 15th. The stock was purchased at an average price of $1.17 per share, with a total value of $257,517.00. Following the transaction, the director now owns 220,100 shares in the company, valued at approximately $257,517. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

SelectQuote Stock Down 8.9 %

SelectQuote stock traded down $0.11 during trading hours on Monday, hitting $1.13. The company had a trading volume of 813,862 shares, compared to its average volume of 1,738,895. The firm has a market capitalization of $189.49 million, a P/E ratio of -3.23 and a beta of 0.52. The company has a debt-to-equity ratio of 1.92, a current ratio of 8.40 and a quick ratio of 8.70. The firm’s fifty day moving average is $1.53 and its 200-day moving average is $1.71. SelectQuote, Inc. has a fifty-two week low of $0.51 and a fifty-two week high of $2.94.

SelectQuote (NYSE:SLQT) last released its quarterly earnings data on Wednesday, September 13th. The company reported ($0.29) earnings per share for the quarter, meeting the consensus estimate of ($0.29). The firm had revenue of $221.78 million for the quarter. SelectQuote had a negative net margin of 5.84% and a negative return on equity of 13.03%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in SLQT. Moneta Group Investment Advisors LLC increased its stake in SelectQuote by 302,110.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 140,754,577 shares of the company’s stock valued at $94,573,000 after buying an additional 140,708,002 shares during the period. G2 Investment Partners Management LLC acquired a new position in shares of SelectQuote during the 1st quarter worth $11,858,000. Millennium Management LLC increased its stake in shares of SelectQuote by 93.8% during the 4th quarter. Millennium Management LLC now owns 3,480,077 shares of the company’s stock worth $2,338,000 after purchasing an additional 1,684,249 shares during the last quarter. GSA Capital Partners LLP increased its stake in shares of SelectQuote by 794.7% during the 4th quarter. GSA Capital Partners LLP now owns 1,848,527 shares of the company’s stock worth $1,242,000 after purchasing an additional 1,641,918 shares during the last quarter. Finally, Captrust Financial Advisors increased its stake in shares of SelectQuote by 29,192.8% during the 3rd quarter. Captrust Financial Advisors now owns 1,450,870 shares of the company’s stock worth $1,059,000 after purchasing an additional 1,445,917 shares during the last quarter. Institutional investors and hedge funds own 49.41% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada restated a “sector perform” rating and issued a $3.00 price target on shares of SelectQuote in a research report on Thursday.

SelectQuote Company Profile

SelectQuote, Inc operates a technology-enabled, direct-to-consumer distribution platform that sells a range of insurance products and healthcare services in the United States. The company operates through three segments: Senior; Life; and Auto & Home. It distributes senior health policies, such as medicare advantage, medicare supplement, medicare part D, and other ancillary senior health insurance related policies, including prescription drugs, dental, vision, and hearing plans; term life policies; and non-commercial auto and home property, and casualty policies.