Timothy Robert Danker, chief executive officer and a director of SelectQuote, Inc. (NASDAQ:SLQT), has added to his position in the company with the purchase of 100,668 shares of common stock. The transaction, dated November 6, 2026, was valued at $50,736, with shares acquired at prices ranging from $0.448 to $0.53 apiece.
The purchase was executed at a weighted average price of $0.504 per share, a level slightly above the current stock price of $0.46. The buy comes at a time when SelectQuote shares have fallen 71% over the past year, yet have recovered 52% from their 52-week low of $0.30. Based on an analysis, the stock appears undervalued at current levels, trading at just 0.26 times book value.
Following the acquisition, Danker directly holds 3,076,073 shares of SelectQuote common stock. In addition, 9,398 shares are beneficially owned indirectly through the Mainstar Trust IRA.
Separately, SelectQuote recently reported first-quarter earnings that showed a better-than-expected performance on the earnings per share (EPS) front. The company posted an adjusted EPS of negative $0.21, surpassing analyst expectations of negative $0.34. However, revenue fell short of Wall Street forecasts, coming in at $280 million compared to the anticipated $326.17 million.
Despite the revenue miss, SelectQuote highlighted an improvement in adjusted EBITDA, which increased by $15 million year over year, reaching $17 million. The trailing 12-month adjusted EBITDA rose by 30% to $124 million. The company reaffirmed its fiscal 2027 operating cash flow guidance of at least $60 million. SelectQuote continues to focus on AI, automation, and a smaller agent force to maintain its profit margins. These recent developments reflect the company's strategy to enhance profitability despite challenges in revenue growth.