PFG Investments LLC Buys Shares of 29,760 SelectQuote, Inc. $SLQT

PFG Investments LLC bought a new stake in shares of SelectQuote, Inc. (NYSE:SLQT) during the 2nd quarter, HoldingsChannel.com reports. The firm bought 29,760 shares of the company’s stock, valued at approximately $71,000.

Several other large investors also recently added to or reduced their stakes in SLQT. Xponance Inc. acquired a new stake in SelectQuote during the 1st quarter valued at $34,000. Virtu Financial LLC acquired a new stake in SelectQuote during the 1st quarter valued at $34,000. Kapitalo Investimentos Ltda acquired a new stake in SelectQuote during the 1st quarter valued at $35,000. Johnson Investment Counsel Inc. acquired a new stake in SelectQuote during the 1st quarter valued at $35,000. Finally, Nations Financial Group Inc. IA ADV acquired a new stake in SelectQuote during the 1st quarter valued at $40,000. 34.59% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Zacks Research downgraded shares of SelectQuote from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 27th. Wall Street Zen downgraded shares of SelectQuote from a “buy” rating to a “hold” rating in a research note on Sunday, June 22nd. Royal Bank Of Canada dropped their price target on shares of SelectQuote from $7.00 to $6.00 and set a “sector perform” rating on the stock in a research note on Tuesday, August 5th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of SelectQuote in a research note on Saturday, September 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $4.38.

SelectQuote Trading Down 5.1%

SelectQuote stock opened at $1.97 on Wednesday. The company has a debt-to-equity ratio of 0.90, a current ratio of 5.68 and a quick ratio of 5.68. The company has a market capitalization of $345.60 million, a price-to-earnings ratio of 39.30 and a beta of 1.30. SelectQuote, Inc. has a one year low of $1.62 and a one year high of $6.86. The company’s fifty day moving average price is $2.06 and its two-hundred day moving average price is $2.42.

SelectQuote (NYSE:SLQT) last issued its quarterly earnings results on Thursday, August 21st. The company reported ($0.17) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.01. The company had revenue of $345.10 million for the quarter, compared to the consensus estimate of $334.09 million. SelectQuote had a return on equity of 6.35% and a net margin of 3.12%. SelectQuote has set its FY 2026 guidance at EPS. On average, analysts forecast that SelectQuote, Inc. will post -0.07 earnings per share for the current fiscal year.

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 products, including prescription drugs, dental, vision, and hearing plans; life insurance products, such as term life, final expense, and other ancillary products, including critical illness, accidental death, and juvenile insurance; homeowners, auto, dwelling fire, and other ancillary insurance products; and non-commercial auto and home property, and casualty policies.