Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) Major Shareholder Sells 118,138 Shares of Stock

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total value of $2,232,808.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

2019 Gp L.L.C. Gv also recently made the following trade(s):

• On Monday, July 27th, 2019 Gp L.L.C. Gv sold 196,931 shares of Ethos Technologies Inc. Class A Common Stock stock. The shares were sold at an average price of $19.46, for a total value of $3,832,277.26.
• On Monday, July 20th, 2019 Gp L.L.C. Gv sold 18,386 shares of Ethos Technologies Inc. Class A Common Stock stock. The shares were sold at an average price of $18.87, for a total value of $346,943.82.
• On Friday, July 17th, 2019 Gp L.L.C. Gv sold 20,534 shares of Ethos Technologies Inc. Class A Common Stock stock. The stock was sold at an average price of $18.68, for a total transaction of $383,575.12.
• On Friday, July 24th, 2019 Gp L.L.C. Gv sold 23,417 shares of Ethos Technologies Inc. Class A Common Stock stock. The stock was sold at an average price of $18.88, for a total transaction of $442,112.96.
• On Thursday, July 23rd, 2019 Gp L.L.C. Gv sold 63,297 shares of Ethos Technologies Inc. Class A Common Stock stock. The shares were sold at an average price of $19.06, for a total transaction of $1,206,440.82.
• On Friday, May 15th, 2019 Gp L.L.C. Gv sold 87,475 shares of Ethos Technologies Inc. Class A Common Stock stock. The shares were sold at an average price of $23.75, for a total transaction of $2,077,531.25.
• On Thursday, May 14th, 2019 Gp L.L.C. Gv sold 60,077 shares of Ethos Technologies Inc. Class A Common Stock stock. The shares were sold at an average price of $23.01, for a total transaction of $1,382,371.77.

Ethos Technologies Inc. Class A Common Stock Stock Performance

LIFE traded up $1.04 during trading hours on Wednesday, hitting $19.84. 1,049,556 shares of the company’s stock were exchanged, compared to its average volume of 519,296. Ethos Technologies Inc. Class A Common Stock has a 12-month low of $9.45 and a 12-month high of $32.50. The stock’s 50 day moving average price is $18.25. The stock has a market cap of $1.25 billion and a price-to-earnings ratio of -6.30.

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) last issued its quarterly earnings results on Tuesday, March 17th. The company reported $0.42 EPS for the quarter. The business had revenue of $110.08 million during the quarter.

Wall Street Analysts Forecast Growth

LIFE has been the subject of a number of recent research reports. Citizens Jmp lifted their target price on Ethos Technologies Inc. Class A Common Stock from $21.00 to $27.00 and gave the company a “market outperform” rating in a report on Thursday, May 7th. Barclays upped their price target on Ethos Technologies Inc. Class A Common Stock from $20.00 to $27.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Weiss Ratings cut Ethos Technologies Inc. Class A Common Stock from a “hold (c)” rating to a “sell (d)” rating in a research note on Tuesday, May 26th. Wall Street Zen downgraded Ethos Technologies Inc. Class A Common Stock from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, JPMorgan Chase & Co. boosted their price objective on Ethos Technologies Inc. Class A Common Stock from $21.50 to $23.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Ethos Technologies Inc. Class A Common Stock has a consensus rating of “Moderate Buy” and an average price target of $25.67.

Ethos Technologies Inc. Class A Common Stock Company 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.