SelectQuote, Inc. $SLQT Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC boosted its holdings in SelectQuote, Inc. (NYSE:SLQT) by 181.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 275,024 shares of the company’s stock after purchasing an additional 177,296 shares during the quarter. SG Americas Securities LLC owned approximately 0.16% of SelectQuote worth $655,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in SLQT. TriaGen Wealth Management LLC boosted its holdings in shares of SelectQuote by 2,873.2% in the 2nd quarter. TriaGen Wealth Management LLC now owns 1,055,500 shares of the company’s stock valued at $2,512,000 after buying an additional 1,020,000 shares during the period. American Century Companies Inc. lifted its holdings in SelectQuote by 224.2% in the first quarter. American Century Companies Inc. now owns 1,011,457 shares of the company’s stock worth $3,378,000 after acquiring an additional 699,457 shares during the last quarter. Vanguard Group Inc. lifted its holdings in SelectQuote by 7.0% in the first quarter. Vanguard Group Inc. now owns 7,880,173 shares of the company’s stock worth $26,320,000 after acquiring an additional 516,752 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in SelectQuote by 62.0% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,251,828 shares of the company’s stock valued at $4,181,000 after acquiring an additional 478,997 shares during the period. Finally, Los Angeles Capital Management LLC grew its holdings in shares of SelectQuote by 494.7% during the second quarter. Los Angeles Capital Management LLC now owns 563,432 shares of the company’s stock valued at $1,341,000 after purchasing an additional 468,692 shares during the last quarter. Institutional investors own 34.59% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on SLQT. Weiss Ratings reissued a “sell (d+)” rating on shares of SelectQuote in a report on Wednesday, November 19th. Royal Bank Of Canada dropped their target price on SelectQuote from $6.00 to $5.00 and set a “sector perform” rating on the stock in a research report on Thursday, November 20th. Zacks Research raised shares of SelectQuote from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 22nd. Finally, Wall Street Zen lowered shares of SelectQuote from a “hold” rating to a “sell” rating in a research report on Saturday, November 15th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $3.88.

SelectQuote Trading Up 3.2%

Shares of SLQT stock opened at $1.45 on Wednesday. SelectQuote, Inc. has a 1 year low of $1.33 and a 1 year high of $6.86. The firm has a market capitalization of $254.28 million, a PE ratio of 28.90 and a beta of 1.26. The stock has a fifty day moving average of $1.88 and a two-hundred day moving average of $2.07. The company has a debt-to-equity ratio of 1.06, a quick ratio of 5.42 and a current ratio of 5.42.

SelectQuote (NYSE:SLQT) last released its quarterly earnings results on Thursday, November 6th. The company reported ($0.26) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.27) by $0.01. SelectQuote had a return on equity of 10.41% and a net margin of 3.95%.The company had revenue of $328.81 million during the quarter, compared to analysts’ expectations of $323.68 million. SelectQuote has set its FY 2026 guidance at EPS. As a group, research analysts expect that SelectQuote, Inc. will post -0.07 EPS for the current year.

About SelectQuote

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.