Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) Major Shareholder Us (Ttgp) Ltd. Sc Sells 34,821 Shares

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) major shareholder Us (Ttgp) Ltd. Sc sold 34,821 shares of Ethos Technologies Inc. Class A Common Stock stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $32.82, for a total value of $1,142,825.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Us (Ttgp) Ltd. Sc also recently made the following trade(s):

• On Thursday, August 20th, Us (Ttgp) Ltd. Sc sold 107,795 shares of Ethos Technologies Inc. Class A Common Stock stock. The shares were sold at an average price of $33.12, for a total value of $3,570,170.40.

Ethos Technologies Inc. Class A Common Stock Price Performance

Shares of Ethos Technologies Inc. Class A Common Stock stock traded up $0.64 on Friday, hitting $34.16. 848,491 shares of the company’s stock traded hands, compared to its average volume of 669,236. Ethos Technologies Inc. Class A Common Stock has a one year low of $9.45 and a one year high of $35.69. The firm’s fifty day moving average price is $22.13. The company has a market cap of $2.18 billion and a P/E ratio of -11.99.

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) last issued its earnings results 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 firm’s quarterly revenue was up 113.5% compared to the same quarter last year. As a group, analysts expect that Ethos Technologies Inc. Class A Common Stock will post -2.13 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Ethos Technologies Inc. Class A Common Stock from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. William Blair set a $33.00 target price on shares of Ethos Technologies Inc. Class A Common Stock in a report on Tuesday, August 4th. Barclays increased their price target on Ethos Technologies Inc. Class A Common Stock from $27.00 to $37.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Robert W. Baird lifted their price objective on shares of Ethos Technologies Inc. Class A Common Stock from $26.00 to $32.00 and gave the stock an “outperform” rating in a report on Tuesday, August 4th. Finally, Citizens Jmp upped their target price on shares of Ethos Technologies Inc. Class A Common Stock from $27.00 to $33.00 and gave the stock a “market outperform” rating in a research note on Tuesday, August 4th. Six research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $32.29.

Institutional Trading of 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 bought a new stake in Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,847 shares of the company’s stock, valued at approximately $69,000. Hedge funds and other 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.