SelectQuote (SLQT)

• Market cap: $420M
• 1 day: -2.78%
• 5 days: 0.82%
• 1 month: 13.43%
• 3 months: -28.57%
• 6 months: -16.67%
• Year to date: 82.84%
• 1 year: 85.61%
• 5 years: -90.93%
• 10 years: -90.93%
• Sector: Financials
• Industry: Insurance Agents, Brokers & Service

About: SelectQuote Inc is a Direct-to-consumer (DTC) distribution platform which facilitates consumers to shop for health, life and auto & home insurance policies online. The company generates its revenues by selling insurance products on behalf of the insurance carrier partners in the form of a commission. It has four reportable segments namely Senior, Healthcare Services, Life, and Auto & Home. It functions through three lines namely, SelectQuote Senior, SelectQuote Life, and SelectQuote Auto & Home.

Employees: 4,292

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1,418% more call options, than puts

Call options by funds: $2.4M | Put options by funds: $158K

93% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 15

26% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 31

12% more funds holding

Funds holding: 121 [Q2] → 135 (+14) [Q3]

1.57% more ownership

Funds ownership: 36.12% [Q2] → 37.68% (+1.57%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

17% less capital invested

Capital invested by funds: $169M [Q2] → $140M (-$28.5M) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $4 63% upside
• Avg. target: $4.25 73% upside
• High target: $4.50 84% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

RBC Capital Ben Hendrix 48% 1-year accuracy 32 / 67 met price target	63% upside $4	Sector Perform Reiterated	29 Oct 2024
Craig-Hallum	84% upside $4.50	Buy Initiated	30 Sept 2024