SelectQuote (SLQT)

Company Profile

the selectquote difference over 25 years ago, selectquote pioneered a new way to buy term life insurance - providing unbiased price comparisons of your best rates from highly-rated term life insurance companies. your personal selectquote agent is dedicated to: • answering all your questions. • offering all the information you need to be an informed buyer. • diligently shopping for your best prices from the trusted companies selectquote represents. • going to bat for you every step of the way. • selectquote's breakthrough technology has helped streamline what can be a lengthy and involved application process. today, selectquote is america's #1 term life sales agency. the trusted companies we represent every life insurance company selectquote represents has been carefully chosen to provide favorable rates for people with certain risks. that's why we can provide attractive rates to people who smoke or take meds to control cholesterol, blood pressure or other health issues

Company profile

Ticker

SLQT

Exchange

NYSE

Website

selectquote.com

CEO

Timothy Danker

Incorporated

Delaware

Location

Kansas

Fiscal year end

Jun 30

Sector

Finance and Insurance > Insurance Agencies and Brokerages

Industry (SIC)

Insurance Agents, Brokers & Service

Equitable • Aon • Willis Towers Watson Public Limited • Erie Indemnity • Marsh & McLennan Cos. • Enact • Ryan Specialty • Brown & Brown • GoHealth • Crawford & Co. ...

SEC CIK

0001794783

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

SelectQuote Auto & Home Insurance Services, LLC • ChoiceMark Insurance Services, Inc. • Inside Response, LLC • SelectQuote Ventures, Inc. • Population Health, Inc. • Express Med Pharmaceuticals, Inc. • Simple Meds, LLC ...

IRS number

943339273

SLQT stock data

1M 1Y 5Y

Latest filings (excl ownership)

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S-8

Registration of securities for employees

13 Sep 23

SelectQuote, Inc. Reports Fourth Quarter of Fiscal Year 2023 Results

13 Sep 23

8-K/A

SelectQuote, Inc. Reports Third Quarter of Fiscal Year 2023 Results

10 May 23

SelectQuote, Inc. Reports Third Quarter of Fiscal Year 2023 Results

10 May 23

8-K

Submission of Matters to a Vote of Security Holders

7 Mar 23

DEFA14A

Additional proxy soliciting materials

SelectQuote Names Ryan Clement as Chief Financial Officer

22 Feb 23

Transcripts

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SLQT

Earnings call transcript

2023 Q4

13 Sep 23

SLQT

Earnings call transcript

2023 Q3

11 May 23

SLQT

Earnings call transcript

2023 Q2

7 Feb 23

SLQT

Earnings call transcript

2023 Q1

3 Nov 22

SLQT

Earnings call transcript

2022 Q4

29 Aug 22

SLQT

Earnings call transcript

2022 Q3

7 May 22

SLQT

Earnings call transcript

2022 Q2

8 Feb 22

SLQT

Earnings call transcript

2021 Q3

7 Nov 21

SLQT

Earnings call transcript

2021 Q4

26 Aug 21

SLQT

Earnings call transcript

2021 Q3

12 May 21

Latest ownership filings

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Joshua Brandon Matthews

18 Sep 23

William Thomas Grant III

Joshua Brandon Matthews

15 Sep 23

William Thomas Grant III

Timothy Robert Danker

15 Sep 23

Financial summary

Financial statements Chart SLQT financial data

Quarter (USD)	Jun 23	Mar 23	Dec 22	Sep 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jun 23	Jun 22	Jun 21	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	83.16 mm	83.16 mm	83.16 mm	83.16 mm	83.16 mm	83.16 mm
Cash burn (monthly)	2.96 mm	4.82 mm	19.13 mm	2.23 mm	2.18 mm	1.61 mm
Cash used (since last report)	8.34 mm	13.57 mm	53.85 mm	6.27 mm	6.14 mm	4.55 mm
Cash remaining	74.81 mm	69.59 mm	29.30 mm	76.89 mm	77.02 mm	78.61 mm
Runway (months of cash)	25.2	14.4	1.5	34.5	35.3	48.7

Beta Read what these cash burn values mean

Financial data from SelectQuote earnings reports.

Institutional ownership, Q2 2023

SLQT institutional ownership history Ownership history

66.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	129	123	+4.9%
Opened positions	16	24	-33.3%
Closed positions	10	23	-56.5%
Increased positions	40	36	+11.1%
Reduced positions	35	30	+16.7%

13F shares	Current	Prev Q	Change
Total value	159.46 bn	177.93 bn	-10.4%
Total shares	112.09 mm	112.43 mm	-0.3%
Total puts	34.90 k	35.20 k	-0.9%
Total calls	147.30 k	140.00 k	+5.2%
Total put/call ratio	0.2	0.3	-5.8%

Largest owners	Shares	Value	Change
Brookside Equity Partners	17.68 mm	$34.47 bn	0.0%
Bep Iii	17.68 mm	$160.17 mm	0.0%
Abrams Bison Partners	12.00 mm	$111.24 mm	0.0%
BLK Blackrock	10.09 mm	$19.67 bn	+7.6%
Abrams Bison Investments	7.91 mm	$15.43 bn	0.0%
Vanguard	6.82 mm	$13.31 bn	-1.2%
G2 Investment Partners Management	5.74 mm	$11.19 bn	+5.0%
Hotchkis & Wiley Capital Management	2.66 mm	$5.19 bn	0.0%
STT State Street	2.62 mm	$5.11 bn	+6.3%
Mariner	2.60 mm	$5.07 bn	+6.1%

Largest transactions	Shares	Bought/sold	Change
D. E. Shaw & Co.	679.22 k	-1.44 mm	-68.0%
Fuller & Thaler Asset Management	1.14 mm	+1.14 mm	NEW
FHI Federated Hermes	280.53 k	-807.23 k	-74.2%
BLK Blackrock	10.09 mm	+712.10 k	+7.6%
Renaissance Technologies	749.79 k	-698.51 k	-48.2%
Jacobs Levy Equity Management	1.06 mm	-650.67 k	-38.0%
Marshall Wace	1.07 mm	+575.52 k	+116.3%
Two Sigma Investments	672.70 k	-404.50 k	-37.6%
Boothbay Fund Management	347.83 k	+347.83 k	NEW
KCM Investment Advisors	0.00	-280.00 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SLQT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
18 Sep 23	Joshua Brandon Matthews	Common Stock, par value $0.01 per share	Buy	Acquire P	No	No	1.162	97,500	113.29 k	400,937
15 Sep 23	Robert Clay Grant	Common Stock, par value $0.01 per share	Buy	Acquire P	Yes	No	1.14	61,400	70.00 k	61,400
15 Sep 23	Robert Clay Grant	Common Stock, par value $0.01 per share	Buy	Acquire P	Yes	No	1.14	61,400	70.00 k	61,400
15 Sep 23	Robert Clay Grant	Common Stock, par value $0.01 per share	Buy	Acquire P	Yes	No	1.14	61,400	70.00 k	61,400
15 Sep 23	W Thomas Grant Ii	Common Stock, par value $0.01 per share	Buy	Acquire P	Yes	No	1.166	220,100	256.64 k	220,100
15 Sep 23	William Thomas Grant III	Common Stock, par value $0.01 per share	Buy	Acquire P	No	No	1.195	150,000	179.25 k	1,913,851
13 Sep 23	Timothy Robert Danker	Common Stock, par value $0.01 per share	Payment of exercise	Dispose F	No	No	1.14	1,129	1.29 k	1,795,960
13 Sep 23	Timothy Robert Danker	Common Stock, par value $0.01 per share	Option exercise	Acquire M	No	No	0	3,845	0.00	1,797,089
13 Sep 23	Timothy Robert Danker	RSU Common Stock, par value $0.01 per share	Grant	Acquire A	No	No	0	400,000	0.00	400,000
13 Sep 23	Timothy Robert Danker	RSU Common Stock, par value $0.01 per share	Grant	Acquire A	No	No	0	800,000	0.00	800,000