Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) CEO Sells $1,324,972.45 in Stock

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) CEO Peter George Colis sold 60,035 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $22.07, for a total value of $1,324,972.45. Following the transaction, the chief executive officer owned 751,150 shares of the company’s stock, valued at approximately $16,577,880.50. This represents a 7.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Ethos Technologies Inc. Class A Common Stock Stock Performance

LIFE opened at $20.71 on Friday. Ethos Technologies Inc. Class A Common Stock has a 12 month low of $9.45 and a 12 month high of $32.50.

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

Analyst Ratings Changes

LIFE has been the topic of several recent analyst reports. Barclays boosted their target price 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 upgraded Ethos Technologies Inc. Class A Common Stock from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Citizens Jmp boosted their price objective on Ethos Technologies Inc. Class A Common Stock from $21.00 to $27.00 and gave the stock a “market outperform” rating in a research note on Thursday, May 7th. Finally, Wall Street Zen cut Ethos Technologies Inc. Class A Common Stock from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Ethos Technologies Inc. Class A Common Stock presently has an average rating of “Moderate Buy” and a consensus price target of $27.00.

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.