SelectQuote, Inc. (NYSE:SLQT) Shares Sold by XTX Topco Ltd

XTX Topco Ltd reduced its stake in shares of SelectQuote, Inc. (NYSE:SLQT) by 18.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 274,330 shares of the company’s stock after selling 62,329 shares during the period. XTX Topco Ltd owned about 0.16% of SelectQuote worth $757,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in SLQT. Jacobs Levy Equity Management Inc. grew its holdings in SelectQuote by 229.3% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,161,593 shares of the company’s stock worth $2,323,000 after acquiring an additional 808,850 shares in the last quarter. Panagora Asset Management Inc. grew its holdings in SelectQuote by 85.5% during the 2nd quarter. Panagora Asset Management Inc. now owns 410,009 shares of the company’s stock worth $1,132,000 after acquiring an additional 189,029 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in SelectQuote by 158.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 278,224 shares of the company’s stock worth $768,000 after acquiring an additional 170,726 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of SelectQuote by 14.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 472,849 shares of the company’s stock valued at $1,305,000 after buying an additional 58,481 shares during the period. Finally, Blue Zone Wealth Advisors LLC acquired a new position in shares of SelectQuote in the 1st quarter valued at about $92,000. 34.59% of the stock is owned by institutional investors and hedge funds.

SelectQuote Trading Down 1.0 %

NYSE SLQT opened at $1.98 on Monday. SelectQuote, Inc. has a one year low of $1.03 and a one year high of $4.46. The company has a 50-day simple moving average of $3.46 and a 200-day simple moving average of $2.77. The company has a debt-to-equity ratio of 2.01, a quick ratio of 6.34 and a current ratio of 6.84. The firm has a market capitalization of $339.45 million, a PE ratio of -6.19 and a beta of 1.08.

SelectQuote Company 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.