Shannon Lucas Sells 868 Shares of Slide Insurance (NASDAQ:SLDE) Stock

Slide Insurance Holdings, Inc. (NASDAQ:SLDEGet Free Report) COO Shannon Lucas sold 868 shares of the stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $18.01, for a total value of $15,632.68. Following the completion of the sale, the chief operating officer owned 1,490,929 shares of the company’s stock, valued at approximately $26,851,631.29. This trade represents a 0.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Shannon Lucas also recently made the following trade(s):

  • On Monday, March 30th, Shannon Lucas sold 13,389 shares of Slide Insurance stock. The stock was sold at an average price of $18.09, for a total value of $242,207.01.
  • On Tuesday, March 31st, Shannon Lucas sold 24,429 shares of Slide Insurance stock. The shares were sold at an average price of $18.10, for a total transaction of $442,164.90.
  • On Tuesday, March 17th, Shannon Lucas sold 9,763 shares of Slide Insurance stock. The shares were sold at an average price of $18.44, for a total transaction of $180,029.72.
  • On Monday, March 16th, Shannon Lucas sold 22,500 shares of Slide Insurance stock. The stock was sold at an average price of $18.13, for a total transaction of $407,925.00.
  • On Wednesday, March 11th, Shannon Lucas sold 270 shares of Slide Insurance stock. The stock was sold at an average price of $17.42, for a total transaction of $4,703.40.
  • On Monday, March 9th, Shannon Lucas sold 11,700 shares of Slide Insurance stock. The shares were sold at an average price of $18.23, for a total transaction of $213,291.00.
  • On Friday, March 6th, Shannon Lucas sold 23,884 shares of Slide Insurance stock. The stock was sold at an average price of $18.59, for a total transaction of $444,003.56.
  • On Thursday, March 5th, Shannon Lucas sold 17,075 shares of Slide Insurance stock. The stock was sold at an average price of $19.37, for a total transaction of $330,742.75.

Slide Insurance Price Performance

Shares of SLDE opened at $18.00 on Friday. The firm has a market capitalization of $2.24 billion and a PE ratio of 6.98. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.34 and a quick ratio of 1.34. Slide Insurance Holdings, Inc. has a 1-year low of $12.53 and a 1-year high of $25.90. The company’s fifty day moving average price is $17.58 and its 200-day moving average price is $16.93.

Slide Insurance (NASDAQ:SLDEGet Free Report) last released its earnings results on Tuesday, February 24th. The company reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.36. The firm had revenue of $347.01 million during the quarter.

Slide Insurance News Summary

Here are the key news stories impacting Slide Insurance this week:

  • Positive Sentiment: Analysts and research houses have pushed price targets higher and maintained a bullish consensus (MarketBeat notes several upgrades and an average target ~ $24.40), which supports demand / valuation sentiment. MarketBeat — SLDE analyst coverage
  • Positive Sentiment: Institutional investors have been adding to positions (Capital World Investors, Vanguard, Balyasny and others increased or initiated stakes), a sign of confidence from large, longer-term holders that can underpin the share price. MarketBeat — institutional holdings
  • Positive Sentiment: Fundamentals: Slide reported a strong February-quarter earnings beat (EPS $1.23 vs. $0.87 estimate) and solid revenue, which gives traders a fundamental rationale to buy ahead of the April quarter update. MarketBeat — earnings summary
  • Neutral Sentiment: Near-term catalyst — Slide will report 2026 Q1 results after the close on April 28; that event may drive volatility and could swing sentiment depending on guidance and loss ratio trends. GlobeNewswire — Q1 release date
  • Negative Sentiment: CEO Bruce Lucas executed large sales across March 30–31 and April 1 (aggregate ~391k shares, ~$7.1M at ~ $18.09 avg), creating a sizable near-term increase in sell-side supply that markets often view negatively. SEC filing — Bruce Lucas sales
  • Negative Sentiment: COO Shannon Lucas sold multiple blocks in March–April (aggregate ~38.7k shares, ~ $700k), a clustered insider selling pattern that can weigh on near-term sentiment despite her retaining a large stake. SEC filing — Shannon Lucas sales
  • Negative Sentiment: Other insider sales: Matthew Paul Larson sold 11,250 shares (~$202.5k at $18), adding to the week’s pattern of insider exits. Clustered insider selling often triggers short-term caution even when sales may be for diversification or liquidity. SEC filing — Matthew Paul Larson

Hedge Funds Weigh In On Slide Insurance

Institutional investors and hedge funds have recently modified their holdings of the stock. Comerica Bank boosted its stake in shares of Slide Insurance by 3,462.2% in the fourth quarter. Comerica Bank now owns 1,318 shares of the company’s stock worth $26,000 after buying an additional 1,281 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in Slide Insurance by 11.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,019 shares of the company’s stock valued at $313,000 after acquiring an additional 1,704 shares in the last quarter. CWM LLC acquired a new position in Slide Insurance in the fourth quarter valued at approximately $35,000. Ameritas Investment Partners Inc. acquired a new position in Slide Insurance in the third quarter valued at approximately $35,000. Finally, Aster Capital Management DIFC Ltd purchased a new stake in Slide Insurance in the 4th quarter worth approximately $47,000.

Analysts Set New Price Targets

A number of equities research analysts recently commented on SLDE shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Slide Insurance in a report on Friday, December 26th. Zacks Research upgraded shares of Slide Insurance from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 17th. Piper Sandler raised their price target on shares of Slide Insurance from $22.00 to $24.00 and gave the stock an “overweight” rating in a research report on Thursday, February 26th. Barclays lifted their price objective on shares of Slide Insurance from $25.00 to $29.00 and gave the company an “overweight” rating in a research note on Wednesday, February 25th. Finally, Keefe, Bruyette & Woods increased their price objective on shares of Slide Insurance from $22.00 to $23.00 and gave the stock an “outperform” rating in a research note on Monday, March 9th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $24.40.

Check Out Our Latest Report on SLDE

Slide Insurance Company Profile

(Get Free Report)

Launched in 2021, we are a technology enabled, fast-growing, coastal specialty insurer. We focus on profitable underwriting of single family and condominium policies in the property and casualty (“P&C”) industry in coastal states along the Atlantic seaboard through our insurance subsidiary, Slide Insurance Company (“SIC”). We utilize our differentiated technology and data-driven approach to focus on market opportunities that are underserved by other insurance companies. We acquire policies both from inorganic block acquisitions and subsequent renewals, as well as new business sales through a combination of independent agents and our direct-to-consumer(“DTC”) channel, through which we sell our insurance products directly to end consumers, without the use of retailers, brokers, agents or other intermediaries.

Further Reading

Insider Buying and Selling by Quarter for Slide Insurance (NASDAQ:SLDE)

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