Charles Schwab Investment Management Inc. Has $4.43 Million Position in SelectQuote, Inc. (NYSE:SLQT)

Charles Schwab Investment Management Inc. lifted its stake in shares of SelectQuote, Inc. (NYSE:SLQT) by 0.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,191,701 shares of the company’s stock after buying an additional 10,038 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in SelectQuote were worth $4,433,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Barclays PLC lifted its holdings in shares of SelectQuote by 166.8% during the third quarter. Barclays PLC now owns 198,357 shares of the company’s stock worth $430,000 after buying an additional 124,005 shares in the last quarter. JPMorgan Chase & Co. raised its stake in SelectQuote by 36.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 429,656 shares of the company’s stock worth $932,000 after purchasing an additional 115,865 shares in the last quarter. SG Americas Securities LLC raised its stake in SelectQuote by 10.5% in the 4th quarter. SG Americas Securities LLC now owns 91,508 shares of the company’s stock worth $340,000 after purchasing an additional 8,660 shares in the last quarter. Oppenheimer & Co. Inc. bought a new stake in SelectQuote in the 4th quarter valued at about $47,000. Finally, State Street Corp grew its position in shares of SelectQuote by 0.7% during the 3rd quarter. State Street Corp now owns 2,894,067 shares of the company’s stock worth $6,280,000 after purchasing an additional 21,413 shares in the last quarter. Institutional investors own 34.59% of the company’s stock.

Insider Transactions at SelectQuote

In other news, insider Sarah Taylor Anderson sold 50,000 shares of the business’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $5.44, for a total transaction 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. The trade was a 97.72 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 11.40% of the stock is currently owned by insiders.

SelectQuote Stock Performance

NYSE:SLQT opened at $3.78 on Wednesday. The company has a market cap of $650.70 million, a price-to-earnings ratio of -42.00 and a beta of 1.13. SelectQuote, Inc. has a fifty-two week low of $1.48 and a fifty-two week high of $6.86. The company has a debt-to-equity ratio of 2.10, a quick ratio of 6.36 and a current ratio of 6.36. The stock has a fifty day moving average price of $4.38 and a 200-day moving average price of $3.28.

SelectQuote (NYSE:SLQT) last posted its quarterly earnings data on Monday, February 10th. The company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.21. SelectQuote had a negative net margin of 0.95% and a negative return on equity of 4.38%. As a group, equities analysts anticipate that SelectQuote, Inc. will post -0.07 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

About SelectQuote

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.