Palomar Holdings CFO Cashes In on Stock Sale!

New insider activity at Palomar Holdings ( (PLMR) ) has taken place on April 18, 2025.

CFO T Christopher Uchida has recently sold 500 shares of Palomar Holdings stock, amounting to a total transaction value of $76,520.

Recent Updates on PLMR stock

In the last 24 hours, Palomar Holdings has seen several price target adjustments from various analysts. Truist raised its price target due to strong premium growth in key states that aligns with Palomar’s Excess & Surplus operations, suggesting the company could surpass growth expectations. Jefferies increased its target, citing manageable earnings risks from tariffs and a strong position in personal lines. Keefe Bruyette adjusted its target downwards, maintaining an Outperform rating, while also raising it slightly in another report following a successful investor day that highlighted Palomar’s strong capabilities. JPMorgan upgraded Palomar to Overweight, recognizing a multi-year growth potential not fully reflected in current earnings expectations, driven by robust premium growth and reinsurance program expansion.

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: 44.13%

Average Trading Volume: 252,579

Technical Sentiment Signal: Sell

Current Market Cap: $4.12B