SelectQuote, Inc. (NYSE:SLQT) Shares Sold by Prudential Financial Inc.

Prudential Financial Inc. reduced its position in SelectQuote, Inc. (NYSE:SLQT) by 18.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 876,685 shares of the company’s stock after selling 204,500 shares during the quarter. Prudential Financial Inc. owned approximately 0.51% of SelectQuote worth $3,261,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SLQT. Oppenheimer & Co. Inc. bought a new stake in shares of SelectQuote in the 4th quarter valued at approximately $47,000. Cibc World Markets Corp bought a new stake in SelectQuote during the fourth quarter valued at $47,000. Raymond James Financial Inc. acquired a new stake in shares of SelectQuote during the fourth quarter worth $97,000. Intech Investment Management LLC bought a new position in shares of SelectQuote in the 3rd quarter worth about $123,000. Finally, Virtu Financial LLC acquired a new position in shares of SelectQuote in the 3rd quarter valued at about $150,000. Institutional investors and hedge funds own 34.59% of the company’s stock.

Analyst Ratings Changes

Separately, Noble Financial upgraded shares of SelectQuote to a “strong-buy” rating in a research note on Wednesday, February 12th.

SelectQuote Price Performance

Shares of NYSE SLQT opened at $3.50 on Thursday. The company has a debt-to-equity ratio of 2.10, a current ratio of 6.36 and a quick ratio of 6.36. The firm has a market capitalization of $602.50 million, a PE ratio of -38.89 and a beta of 1.13. SelectQuote, Inc. has a 1-year low of $1.48 and a 1-year high of $6.86. The business’s fifty day moving average price is $4.29 and its two-hundred day moving average price is $3.29.

SelectQuote (NYSE:SLQT) last released its quarterly earnings data on Monday, February 10th. The company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.21. SelectQuote had a negative net margin of 0.95% and a negative return on equity of 4.38%. On average, research analysts expect that SelectQuote, Inc. will post -0.07 EPS for the current year.

Insider Activity

In other news, insider Sarah Taylor Anderson sold 50,000 shares of the stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $5.44, for a total value of $272,000.00. Following the completion of the transaction, the insider now owns 1,166 shares of the company’s stock, valued at approximately $6,343.04. This represents a 97.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 11.40% of the company’s stock.

SelectQuote Profile

SelectQuote, Inc operates a technology-enabled, direct-to-consumer distribution platform that sells a range of insurance products and healthcare services in the United States. The company operates through three segments: Senior; Life; and Auto & Home. It distributes senior health policies, such as medicare advantage, medicare supplement, medicare part D, and other ancillary senior health insurance related products, including prescription drugs, dental, vision, and hearing plans; life insurance products, such as term life, final expense, and other ancillary products, including critical illness, accidental death, and juvenile insurance; homeowners, auto, dwelling fire, and other ancillary insurance products; and non-commercial auto and home property, and casualty policies.