New insider activity at Palomar Holdings ( (PLMR) ) has taken place on November 24, 2025.
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CEO & Chairman Mac Armstrong recently sold 5,000 shares of Palomar Holdings stock, amounting to a total transaction value of $614,284.
Recent Updates on PLMR stock
In the last 24 hours, Palomar Holdings has seen positive developments reflected in analyst price target adjustments. Keefe Bruyette raised its price target for Palomar to $170 from $164, maintaining an Outperform rating, while JPMorgan increased its target to $145 from $137, citing the company’s strong Q3 results. Palomar reported a 44% increase in gross written premiums and a 70% rise in adjusted net income, driven by growth in specialty lines and strategic acquisitions, such as the Gray Casualty and Surety Company. The company’s Q3 earnings exceeded expectations with an EPS of $2.01 against a consensus of $1.61, leading to an upward revision of its 2025 adjusted net income guidance to $210-$215 million. Despite challenges in the commercial earthquake segment and a decline in fronting premium, Palomar’s strategic expansion and robust financial performance have bolstered market confidence.
Spark’s Take on PLMR Stock
According to Spark, TipRanks’ AI Analyst, PLMR is a Outperform.
Palomar Holdings exhibits strong financial and technical performance with significant revenue growth and a bullish technical outlook. These positive factors are slightly offset by a high P/E ratio and the challenges discussed in the earnings call, such as the impact of wildfires on the California insurance market. Overall, the company’s strategic growth initiatives and strong equity position underpin a solid stock performance outlook.
To see Spark’s full report on PLMR stock, click here.
More about Palomar Holdings
YTD Price Performance: 17.66%
Average Trading Volume: 283,420
Technical Sentiment Signal: Buy
Current Market Cap: $3.25B