TriaGen Wealth Management LLC Buys 1,020,000 Shares of SelectQuote, Inc. $SLQT

TriaGen Wealth Management LLC raised its position in shares of SelectQuote, Inc. (NYSE:SLQT) by 2,873.2% in the second quarter, HoldingsChannel reports. The fund owned 1,055,500 shares of the company’s stock after acquiring an additional 1,020,000 shares during the period. TriaGen Wealth Management LLC’s holdings in SelectQuote were worth $2,512,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in SLQT. Vanguard Group Inc. lifted its holdings in SelectQuote by 7.0% during the 1st quarter. Vanguard Group Inc. now owns 7,880,173 shares of the company’s stock worth $26,320,000 after purchasing an additional 516,752 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its position in SelectQuote by 62.0% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,251,828 shares of the company’s stock worth $4,181,000 after buying an additional 478,997 shares during the period. American Century Companies Inc. increased its position in SelectQuote by 224.2% during the 1st quarter. American Century Companies Inc. now owns 1,011,457 shares of the company’s stock worth $3,378,000 after buying an additional 699,457 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of SelectQuote by 6.5% during the first quarter. Bank of New York Mellon Corp now owns 390,490 shares of the company’s stock worth $1,304,000 after buying an additional 23,743 shares in the last quarter. Finally, Kavar Capital Partners Group LLC boosted its position in shares of SelectQuote by 19.6% in the first quarter. Kavar Capital Partners Group LLC now owns 377,624 shares of the company’s stock valued at $1,261,000 after acquiring an additional 61,988 shares during the period. Institutional investors and hedge funds own 34.59% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on SLQT. Royal Bank Of Canada lowered their price target on shares of SelectQuote from $7.00 to $6.00 and set a “sector perform” rating on the stock in a research report on Tuesday, August 5th. Zacks Research cut shares of SelectQuote from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 27th. Weiss Ratings reiterated a “sell (d)” rating on shares of SelectQuote in a research report on Saturday, September 27th. Finally, Wall Street Zen downgraded SelectQuote from a “buy” rating to a “hold” rating in a research report on Sunday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, SelectQuote has a consensus rating of “Hold” and an average price target of $4.38.

SelectQuote Price Performance

SLQT stock opened at $2.08 on Tuesday. The company’s 50-day moving average price is $2.06 and its two-hundred day moving average price is $2.43. The firm has a market cap of $365.83 million, a P/E ratio of 41.60 and a beta of 1.30. The company has a quick ratio of 5.68, a current ratio of 5.68 and a debt-to-equity ratio of 0.90. SelectQuote, Inc. has a 12 month low of $1.62 and a 12 month high of $6.86.

SelectQuote (NYSE:SLQT) last issued its quarterly earnings results on Thursday, August 21st. The company reported ($0.17) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.01. The company had revenue of $345.10 million during the quarter, compared to the consensus estimate of $334.09 million. SelectQuote had a net margin of 3.12% and a return on equity of 6.35%. SelectQuote has set its FY 2026 guidance at EPS. On average, analysts anticipate that SelectQuote, Inc. will post -0.07 earnings per share for the current fiscal year.

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.