Skip to main content
PRCH
NASDAQ Technology

Porch Group Repurchases $15M in Shares Below Market Price

Reported by Wiseek News
Sentiment info
Positive
Importance info
7
Price
$9.35
Mkt Cap
$1.023B
52W Low
$6.36
52W High
$19.436
Market data snapshot near publication time

Summary

Porch Group's subsidiary acquired 2.09 million treasury shares from Porch Reciprocal Exchange for $15 million, priced at $7.17 per share. This repurchase is accretive, as the acquisition price is well below the current market price of $9.35. The transaction helps bolster the Reciprocal's statutory surplus and optimizes capital, following the company's strong Q1 2026 results which included positive operating cash flow.

At the time of this announcement, PRCH was trading at $9.35 on NASDAQ in the Technology sector, with a market capitalization of approximately $1B. The 52-week trading range was $6.36 to $19.44. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.

Price Chart

Share this article

Copied!

PRCH - Latest Insights

PRCH
Jun 11, 2026, 9:33 AM EDT
Source: Wiseek News
Importance Score:
7
Porch Group Repurchases $15M in Shares Below Market Price
Price at Filing: $9.35
Real-time Price: $9.56 info
Change: +$0.210 (+2%) info
Market Cap: $1.046B info
Sentiment: Positive
View Wiseek Article
PRCH
Jun 11, 2026, 9:25 AM EDT
Filing Type: 8-K
Importance Score:
8
Porch Group Subsidiary Buys $15M in Shares from Reciprocal to Boost Regulatory Capital
Price at Filing: $9.48
Real-time Price: $9.56 info
Change: +$0.080 (+0.84%) info
Market Cap: $1.046B info
Sentiment: Positive
View Wiseek Article
PRCH
Apr 29, 2026, 7:33 PM EDT
Filing Type: SCHEDULE 13D/A
Importance Score:
7
CEO Matt Ehrlichman Updates 21.8% Stake in Porch Group, Details Recent Equity Awards
Price at Filing: $10.08
Real-time Price: $9.56 info
Change: -$0.520 (-5%) info
Market Cap: $1.046B info
Sentiment: Neutral
View Wiseek Article
PRCH
Apr 28, 2026, 5:04 PM EDT
Filing Type: 10-Q
Importance Score:
8
Porch Group Reports Strong Q1 Adjusted EBITDA and Positive Operating Cash Flow
Price at Filing: $9.50
Real-time Price: $9.56 info
Change: +$0.060 (+0.63%) info
Market Cap: $1.046B info
Sentiment: Neutral
View Wiseek Article
PRCH
Apr 28, 2026, 4:10 PM EDT
Source: Reuters
Importance Score:
9
Porch Group's Q1 Adjusted EBITDA Beats Estimates, Full-Year Guidance Raised on Strong Insurance Growth
Price at Filing: $9.52
Real-time Price: $9.56 info
Change: +$0.040 (+0.42%) info
Market Cap: $1.046B info
Sentiment: Positive
View Wiseek Article
PRCH
Apr 28, 2026, 4:06 PM EDT
Filing Type: 8-K
Importance Score:
8
Porch Group Reports Strong Q1 Results, Raises Full-Year Guidance on Insurance Services Growth
Price at Filing: $9.90
Real-time Price: $9.56 info
Change: -$0.340 (-3%) info
Market Cap: $1.046B info
Sentiment: Positive
View Wiseek Article
PRCH
Mar 20, 2026, 5:36 PM EDT
Filing Type: SCHEDULE 13D/A
Importance Score:
8
CEO Matt Ehrlichman Earns Over 3.4 Million Performance Shares, Increasing Beneficial Ownership to 22.7%
Price at Filing: $7.10
Real-time Price: $9.56 info
Change: +$2.46 (+35%) info
Market Cap: $1.046B info
Sentiment: Positive
View Wiseek Article
PRCH
Feb 19, 2026, 6:10 PM EST
Filing Type: 10-K
Importance Score:
8
Porch Group Reports Strong 2025 Financial Turnaround with 968% Adjusted EBITDA Growth and Successful Business Model Shift
Price at Filing: $8.19
Real-time Price: $9.56 info
Change: +$1.37 (+17%) info
Market Cap: $1.046B info
Sentiment: Positive
View Wiseek Article
PRCH
Feb 11, 2026, 4:08 PM EST
Filing Type: 8-K
Importance Score:
8
Porch Group Reports Strong Q4 & Full-Year 2025 Results, Projects Significant 2026 Growth
Price at Filing: $8.50
Real-time Price: $9.56 info
Change: +$1.06 (+12%) info
Market Cap: $1.046B info
Sentiment: Positive
View Wiseek Article