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Insider Cluster (3 insiders) ·Filed May 5, 2026

PRCH

Porch Group, Inc.
BEARISH
Impact 6/10
Horizondays Processed5mo ago
Insider cluster: 3 insiders, $2.0M total
Actionable Insight ▼ Bearish

The CEO, COO, and CFO all selling within a week is a strong negative signal, especially with $4.6M in prior 30-day sales. Monitor for upcoming earnings or material news that may have prompted this cluster. The CEO's large grant in March may have created selling opportunities, but the coordination across C-suite suggests potential headwinds.

DirectionBearish
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
PRCH ▲ +44.77% at T+60d
SHORT call ✗ call lost -44.77% · α vs SPY -41.53% · entry $11.10 → $16.07
Entry = T+0 close
May 5, 2026
via day close
T+1d
+1.62%
call -1.62% · α -1.93%
$11.28
settled 6mo ago
T+5d
-7.75%
call +7.75% · α +8.90%
$10.24
settled 6mo ago
T+20d
-13.06%
call +13.06% · α +16.23%
$9.65
settled 5mo ago
T+60d
+44.77%
call -44.77% · α -41.53%
$16.07
settled 3mo ago

Price Chart

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Executive Summary

Three Porch Group insiders, including the CEO and COO, sold a combined $1.98M in open-market sales over a 7-day window. The CEO's $1.22M sale is the largest, representing a material insider reduction at current prices. This cluster follows a prior 30-day period of $4.6M in insider selling, reinforcing a bearish signal from management.

Key Financial Metrics

Direction
selling
Total Value
$2.0M
Insiders
3

Key Facts

  • CEO Ehrlichman sold 117.4K shares for $1.22M on 2026-05-05
  • COO Neagle sold 60.8K shares for $634K on 2026-05-05
  • CFO Tabak sold 10.5K shares for $117K on 2026-05-08
  • Total open-market sales: $1.98M, ~0.15% of $1.3B market cap
  • Prior 30-day insider selling totaled $4.6M, making this cluster part of a sustained selling pattern
  • CEO also received a non-cash grant of 1.75M shares on 2026-03-19, which may have enabled the recent sales

Financial Impact

Insider sales of $1.98M represent 0.15% of market cap, modest in absolute terms but significant given CEO participation and sustained selling pattern

insider ownershipmarket sentiment

Risk Factors

  • Sustained insider selling may indicate management's lack of confidence in near-term prospects
  • CEO's $1.22M sale is the largest single insider transaction in the cluster, carrying the most signal
  • Potential upcoming negative catalyst (earnings miss, guidance cut, or operational issue) that insiders are front-running

Market Snapshot

Exchange
Nasdaq
Sector
Services-Prepackaged Software
Analyst Consensus
92% bullish (13 analysts)

Investment Themes

Software & IT

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-PRCH-1778621843301
21 reports for PRCH
Performance horizon
44% Hit rate @ T+5 4 of 9 directional calls Went positive at some point 6 of 10 best @ T+60▲ +16.88%Apr 28, 2026
Filters
Rows
Reports for PRCH — sortable, filterable
TypeNow
Oct 22, 2026
5d ago
Insider Cluster
BEARISH ★ 5/10
$17.73awaiting T+5—$17.49 (+1.35%)
Oct 20, 2026
6d ago
Insider Cluster
NEUTRAL ★ 4/10
$18.59awaiting T+5—$17.49 (−5.92%)
Oct 13, 2026
13d ago
8-K
BULLISH ★ 7/10
$16.44 $18.59▲ +13.08%▲ +12.62%$17.49 (+6.39%)
Oct 6, 2026
20d ago
144
NEUTRAL ★ 3/10
$17.31 $16.44▼ −5.03%▼ −4.05%$17.49 (+1.04%)
Oct 5, 2026
22d ago
144
NEUTRAL ★ 2/10
$17.35 $17.69▲ +1.96%▲ +1.54%$17.49 (+0.81%)
Sep 16, 2026
5w ago
Insider Cluster
BEARISH ★ 5/10
$15.98 $16.47▼ −3.07%▼ −2.47%$17.49 (−9.45%)
Jun 11, 2026
19w ago
8-K
NEUTRAL ★ 4/10
$9.72 $12.25▲ +26.03%▲ +25.60%$17.49 (+79.94%)
May 28, 2026
21w ago
Insider Cluster
BEARISH ★ 5/10
$10.42 $9.26▲ +11.13%▲ +8.61%$17.49 (−67.85%)
May 21, 2026
22w ago
Insider Cluster
BEARISH ★ 5/10
$9.56 $11.03▼ −15.38%▼ −13.72%$17.49 (−82.95%)
May 19, 2026
22w ago
Insider Cluster
NEUTRAL ★ 4/10
$9.74 $10.34▲ +6.16%▲ +4.36%$17.49 (+79.57%)
Showing 10 of 21

US Market Status

Market Open — Closes in 4h 40m

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Report published May 12, 2026