Jefferies Group acquired 840 Thousand Porch Group shares worth $9.14 Million. That's 0.18% of their equity portfolio (105th largest holding). The investor owns 1.41% of the outstanding Porch Group stock. The first Porch Group trade was made in Q4 2022. Since then Jefferies Group bought shares three more times and sold shares on one occasions. The stake costed the investor $2.77 Million, netting the investor a gain of 231% so far.
As of Q1, I believe Porch Group has executed well enough to drive profitability in the insurance business. Find out if PRCH stock is a buy.
PRCH stock has seen strong price appreciation, up over 62% since initial coverage, but YTD performance has been underwhelming. The insurance segment is PRCH'...
Insurance and home inspection software provider Porch Group is suing China Construction Bank Corp. for allegedly enabling a “massive fraud” that caused “monu...
Porch Group, a U.S. homeowners insurance and home inspection software company, reportedly sued China Construction Bank (CCB), alleging reinsurance fraud. In ...