Porch GroupPRCH
About: Porch Group Inc is a vertical software company reinventing the home services and insurance industries. It has two reportable segments: The vertical Software segment provides software and services to home services companies. The Vertical Software segment software and services provide inspection, mortgage, and title companies on a subscription and transactional basis, several key businesses, including inspection software and services, title insurance software, mortgage software, moving services, mover and homeowner marketing, and measurement software for roofers. The insurance segment provides consumers with insurance and warranty products to protect their homes, earning revenue through premiums collected on policies, policy fees, and commissions. Majority revenue is from Insurance segment.
Employees: 733
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
259% more capital invested
Capital invested by funds: $79.4M [Q3] → $286M (+$206M) [Q4]
139% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 18
136% more call options, than puts
Call options by funds: $2.75M | Put options by funds: $1.17M
91% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 22
24% more funds holding
Funds holding: 99 [Q3] → 123 (+24) [Q4]
13.77% more ownership
Funds ownership: 43.56% [Q3] → 57.33% (+13.77%) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Stephens & Co. John Campbell 53% 1-year accuracy 19 / 36 met price target | 89%upside $10 | Overweight Maintained | 21 Mar 2025 |
Keefe, Bruyette & Woods Ryan Tomasello 40% 1-year accuracy 4 / 10 met price target | 13%upside $6 | Market Perform Maintained | 3 Mar 2025 |
Oppenheimer Jason Helfstein 46% 1-year accuracy 24 / 52 met price target | 51%upside $8 | Outperform Maintained | 26 Feb 2025 |
Benchmark Daniel Kurnos 31% 1-year accuracy 27 / 86 met price target | 89%upside $10 | Buy Maintained | 26 Feb 2025 |
Loop Capital Timothy Greaves 0% 1-year accuracy 0 / 3 met price target | 13%upside $6 | Buy Upgraded | 26 Feb 2025 |
Financial journalist opinion
