Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) CEO Peter George Colis Sells 28,600 Shares

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) CEO Peter George Colis sold 28,600 shares of the business’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $33.38, for a total value of $954,668.00. Following the sale, the chief executive officer owned 1,537,360 shares in the company, valued at approximately $51,317,076.80. The trade was a 1.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Peter George Colis also recently made the following trade(s):

• On Wednesday, August 19th, Peter George Colis sold 27,924 shares of Ethos Technologies Inc. Class A Common Stock stock. The shares were sold at an average price of $33.00, for a total transaction of $921,492.00.
• On Monday, August 17th, Peter George Colis sold 29,342 shares of Ethos Technologies Inc. Class A Common Stock stock. The stock was sold at an average price of $34.18, for a total transaction of $1,002,909.56.

Ethos Technologies Inc. Class A Common Stock Stock Up 1.9%

Shares of Ethos Technologies Inc. Class A Common Stock stock traded up $0.64 during trading on Friday, hitting $34.16. The stock had a trading volume of 849,535 shares, compared to its average volume of 669,243. The stock’s 50 day simple moving average is $22.13. The stock has a market cap of $2.18 billion and a P/E ratio of -11.99. Ethos Technologies Inc. Class A Common Stock has a 1 year low of $9.45 and a 1 year high of $35.69.

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.34. The firm had revenue of $189.56 million for the quarter. The company’s revenue for the quarter was up 113.5% on a year-over-year basis. On average, sell-side analysts predict that Ethos Technologies Inc. Class A Common Stock will post -2.13 earnings per share for the current year.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Ethos Technologies Inc. Class A Common Stock stock. Philadelphia Investment Partners LLC bought a new position in Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,129 shares of the company’s stock, valued at approximately $189,000. Institutional investors own 61.72% of the company’s stock.

Analyst Ratings Changes

LIFE has been the topic of several recent analyst reports. Wall Street Zen raised 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. The Goldman Sachs Group reiterated a “buy” rating and set a $35.00 price target on shares of Ethos Technologies Inc. Class A Common Stock in a report on Tuesday, August 4th. William Blair set a $33.00 price target on Ethos Technologies Inc. Class A Common Stock in a research report on Tuesday, August 4th. Weiss Ratings downgraded 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. Finally, Citigroup restated a “market outperform” rating on shares of Ethos Technologies Inc. Class A Common Stock in a research report on Tuesday, August 4th. Six analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $32.29.

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.