SLQT - SelectQuote: Sizing Up This Volatile Insurance Broker
- After plunging 45% on August 26th, 2021, shares of SelectQuote (SLQT) have rallied smartly recently, partially on news of significant insider buying.
- The stock is still down some 60% from its all-time high of $33 set in April as expectations for greater policy lapse rates have the investment community concerned.
- With revenue up 76% FY21 over FY20 and less than a 2.5% market share in the growing Medicare Advantage vertical, this busted IPO merited a deeper dive.
- A full investment analysis and recommendation follows in the paragraphs below.
For further details see:
SelectQuote: Sizing Up This Volatile Insurance Broker