Porch Group is a vertical software platform for the home, providing software and services to home services companies, such as home inspectors, mortgage companies and loan officers, title companies, moving companies, real estate agencies, utility companies, roofers, and others. Co.'s reportable segments are: Vertical Software, which provides software and services to home services companies and, through these relationships, earns SaaS fees and gains access to homebuyers and homeowners; and Insurance, which provides various property-related insurance policies through its own risk-bearing carrier and independent agency as well as a risk-bearing home warranty company. We show 13 historical shares outstanding datapoints in our coverage of PRCH's shares outstanding history.
Understanding the changing numbers of PRCH shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like PRCH versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching PRCH by allowing them to research PRCH shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
