Ethos Technologies Inc. Class A Common Stock $LIFE Shares Newly Bought by Zevenbergen Capital Investments LLC

Zevenbergen Capital Investments LLC bought a new position in Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) during the 3rd quarter, Holdings Channel reports. The fund bought 21,452 shares of the company’s stock, valued at approximately $720,000.

A number of other hedge funds also recently made changes to their positions in the company. Glynn Capital Management LLC bought a new position in shares of Ethos Technologies Inc. Class A Common Stock during the 3rd quarter valued at approximately $15,999,000. MassMutual Private Wealth & Trust FSB bought a new stake in Ethos Technologies Inc. Class A Common Stock in the third quarter worth $32,000. State Street Corp bought a new stake in Ethos Technologies Inc. Class A Common Stock in the second quarter worth $932,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in Ethos Technologies Inc. Class A Common Stock during the second quarter valued at $6,191,000. 61.72% of the stock is currently owned by hedge funds and other institutional investors.

Ethos Technologies Inc. Class A Common Stock Price Performance

NASDAQ LIFE traded up $1.22 during trading on Thursday, hitting $36.22. The stock had a trading volume of 1,587,931 shares, compared to its average volume of 850,644. Ethos Technologies Inc. Class A Common Stock has a one year low of $9.45 and a one year high of $42.55. The firm’s 50 day moving average price is $35.09. The stock has a market cap of $2.31 billion and a PE ratio of -12.71.

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) last released its earnings results on Monday, August 3rd. The company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.34. The business had revenue of $189.56 million for the quarter. The company’s revenue was up 113.5% on a year-over-year basis. On average, sell-side analysts expect that Ethos Technologies Inc. Class A Common Stock will post -2.04 EPS for the current fiscal year.

Analysts Set New Price Targets

LIFE has been the subject of several research reports. The Goldman Sachs Group reiterated a “buy” rating and set a $35.00 price objective on shares of Ethos Technologies Inc. Class A Common Stock in a research report on Tuesday, August 4th. JPMorgan Chase & Co. downgraded shares of Ethos Technologies Inc. Class A Common Stock from an “overweight” rating to a “neutral” rating and set a $37.00 target price on the stock. in a report on Thursday, October 1st. Robert W. Baird increased their price target on shares of Ethos Technologies Inc. Class A Common Stock from $26.00 to $32.00 and gave the company an “outperform” rating in a report on Tuesday, August 4th. Wall Street Zen upgraded Ethos Technologies Inc. Class A Common Stock from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Bank of America reissued a “buy” rating and set a $38.00 price objective on shares of Ethos Technologies Inc. Class A Common Stock in a research note on Thursday, September 24th. Six equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $34.75.

Insider Activity at Ethos Technologies Inc. Class A Common Stock

In other Ethos Technologies Inc. Class A Common Stock news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction on Monday, July 27th. The stock was sold at an average price of $19.46, for a total value of $3,832,277.26. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Us (Ttgp) Ltd. Sc sold 107,795 shares of the stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $33.12, for a total value of $3,570,170.40. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,093,107 shares of company stock worth $31,271,566 over the last quarter. 3.70% of the stock is owned by insiders.

Ethos Technologies Inc. Class A Common Stock Profile

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.