Panoramic Capital LLC Increases Stake in SelectQuote, Inc. $SLQT

Panoramic Capital LLC increased its position in SelectQuote, Inc. (NYSE:SLQT) by 141.1% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 241,082 shares of the company’s stock after acquiring an additional 141,082 shares during the quarter. SelectQuote comprises 0.9% of Panoramic Capital LLC’s investment portfolio, making the stock its 25th largest holding. Panoramic Capital LLC owned approximately 0.14% of SelectQuote worth $805,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Xponance Inc. purchased a new stake in SelectQuote in the 1st quarter worth about $34,000. Virtu Financial LLC purchased a new stake in SelectQuote in the 1st quarter worth about $34,000. Johnson Investment Counsel Inc. purchased a new stake in SelectQuote in the 1st quarter worth about $35,000. Kapitalo Investimentos Ltda purchased a new stake in SelectQuote in the 1st quarter worth about $35,000. Finally, Nations Financial Group Inc. IA ADV purchased a new stake in SelectQuote in the 1st quarter worth about $40,000. Hedge funds and other institutional investors own 34.59% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Wall Street Zen lowered SelectQuote from a “buy” rating to a “hold” rating in a report on Sunday, June 22nd. Jefferies Financial Group assumed coverage on SelectQuote in a report on Wednesday, May 21st. They set a “hold” rating and a $2.75 target price for the company. Royal Bank Of Canada reduced their target price on SelectQuote from $7.00 to $6.00 and set a “sector perform” rating for the company in a report on Tuesday, August 5th. Finally, Zacks Research lowered SelectQuote from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 27th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, SelectQuote has a consensus rating of “Hold” and an average price target of $4.42.

SelectQuote Stock Performance

Shares of SLQT opened at $2.06 on Friday. The company has a market cap of $355.49 million, a PE ratio of 41.14 and a beta of 1.27. The company has a current ratio of 5.68, a quick ratio of 5.68 and a debt-to-equity ratio of 0.90. The stock has a 50-day moving average price of $2.16 and a 200-day moving average price of $2.74. SelectQuote, Inc. has a 12-month low of $1.62 and a 12-month high of $6.86.

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 analysts’ consensus estimates of ($0.18) by $0.01. The firm had revenue of $345.10 million during 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. As a group, equities 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.