American Integrity Insurance Group, Inc. (NYSE:AII – Get Free Report) CEO Robert Ritchie sold 50,700 shares of American Integrity Insurance Group stock in a transaction dated Tuesday, October 13th. The stock was sold at an average price of $27.41, for a total value of $1,389,687.00. Following the sale, the chief executive officer directly owned 1,760,433 shares of the company’s stock, valued at approximately $48,253,468.53. This trade represents a 2.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
American Integrity Insurance Group Trading Up 1.0%
Shares of AII traded up $0.28 during midday trading on Tuesday, reaching $27.40. The stock had a trading volume of 320,337 shares, compared to its average volume of 204,499. The company’s 50-day moving average is $25.25 and its 200 day moving average is $20.80. American Integrity Insurance Group, Inc. has a 12-month low of $16.19 and a 12-month high of $27.86. The company has a market capitalization of $536.73 million, a price-to-earnings ratio of 6.09 and a beta of 0.02.
American Integrity Insurance Group (NYSE:AII – Get Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The company reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.97. The company had revenue of $115.17 million for the quarter. American Integrity Insurance Group had a return on equity of 26.74% and a net margin of 26.20%. Research analysts forecast that American Integrity Insurance Group, Inc. will post 3.82 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
View Our Latest Research Report on AII
Institutional Investors Weigh In On American Integrity Insurance Group
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC boosted its holdings in American Integrity Insurance Group by 9,544.4% during the 3rd quarter. GAMMA Investing LLC now owns 1,736 shares of the company’s stock valued at $43,000 after acquiring an additional 1,718 shares during the period. Hsbc Holdings PLC increased its stake in American Integrity Insurance Group by 88.5% in the 2nd quarter. Hsbc Holdings PLC now owns 22,949 shares of the company’s stock worth $439,000 after purchasing an additional 10,775 shares during the period. Public Employees Retirement System of Ohio purchased a new position in American Integrity Insurance Group in the 2nd quarter worth approximately $272,000. Bank of America Corp DE bought a new stake in American Integrity Insurance Group in the second quarter valued at approximately $3,942,000. Finally, Freestone Grove Partners LP bought a new stake in American Integrity Insurance Group in the second quarter valued at approximately $9,251,000.
Key Stories Impacting American Integrity Insurance Group
Here are the key news stories impacting American Integrity Insurance Group this week:
- Positive Sentiment: Analyst upgrades supported the stock: Keefe, Bruyette & Woods raised its price target from $29 to $31 and kept an “outperform” rating, implying about 13% upside from the referenced price. Keefe, Bruyette & Woods Issues Positive Forecast for American Integrity Insurance Group
- Positive Sentiment: Citizens JMP increased its target from $26 to $29 and assigned a “market outperform” rating, signaling continued confidence in American Integrity’s earnings and growth outlook. The upgrade was also accompanied by a notable increase in trading volume. American Integrity Insurance Group Sees Large Volume Increase on Analyst Upgrade American Integrity Insurance Group Stock Price Expected to Rise
- Neutral Sentiment: The positive recommendations come as AII trades near its 52-week high, potentially reflecting strong investor momentum but also leaving less room for error if future results disappoint.
- Negative Sentiment: CEO Robert Ritchie sold a combined 123,564 shares in transactions from October 9 through October 13 for approximately $3.37 million. The sales reduced his direct holdings by about 6.7%, which may raise concerns about insider confidence or near-term valuation, though he still owns roughly 1.76 million shares.
American Integrity Insurance Group Company Profile
American Integrity Insurance Group, Inc is an insurance company focused on residential property coverage in catastrophe-exposed markets. Through its insurance subsidiaries, the company primarily serves homeowners and other residential policyholders, with an emphasis on providing protection against risks such as wind, hurricanes and other property-related losses.
Its product offerings include homeowners insurance and related personal-lines products for owner-occupied residences, condominium unit owners, renters and other residential properties.
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