T Christopher Uchida Sells 2,103 Shares of Palomar (NASDAQ:PLMR) Stock

Palomar Holdings, Inc. (NASDAQ:PLMR) CFO T Christopher Uchida sold 2,103 shares of the firm’s stock in a transaction dated Wednesday, January 28th. The shares were sold at an average price of $119.88, for a total value of $252,107.64. Following the sale, the chief financial officer owned 11,473 shares in the company, valued at $1,375,383.24. This trade represents a 15.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

T Christopher Uchida also recently made the following trade(s):

• On Tuesday, November 18th, T Christopher Uchida sold 782 shares of Palomar stock. The shares were sold at an average price of $128.84, for a total transaction of $100,752.88.

Palomar Stock Up 0.3%

Shares of NASDAQ PLMR opened at $123.59 on Friday. The company’s 50-day simple moving average is $127.65 and its 200-day simple moving average is $123.83. Palomar Holdings, Inc. has a 52-week low of $104.47 and a 52-week high of $175.85. The firm has a market cap of $3.28 billion, a price-to-earnings ratio of 19.28 and a beta of 0.42.

Palomar (NASDAQ:PLMR) last issued its quarterly earnings results on Thursday, November 6th. The company reported $2.01 EPS for the quarter, topping the consensus estimate of $1.56 by $0.45. Palomar had a return on equity of 21.93% and a net margin of 22.59%.The firm had revenue of $244.66 million during the quarter, compared to analysts’ expectations of $207.98 million. During the same period in the previous year, the business earned $1.23 earnings per share. Equities research analysts anticipate that Palomar Holdings, Inc. will post 5.99 EPS for the current fiscal year.

Trending Headlines about Palomar

Here are the key news stories impacting Palomar this week:

• Neutral Sentiment: Yahoo Finance published a piece asking whether PLMR’s recent price slide creates a long‑term buying opportunity — a constructive framing for value investors but speculative. Is Palomar Holdings (PLMR) Price Slide Creating A Long Term Opportunity For Investors
• Negative Sentiment: CEO Mac Armstrong sold 11,484 shares at $119.88 (≈$1.38M); his post-sale holding is 91,737 shares (11.13% decrease). SEC filing: CEO Sale Filing
• Negative Sentiment: President Jon Christianson sold 1,991 shares at $119.88 (≈$238.7k); post-sale holding 62,985 shares (3.06% decrease). SEC filing: President Sale Filing
• Negative Sentiment: CFO T. Christopher Uchida sold 2,103 shares at $119.88 (≈$252.1k); post-sale holding 11,473 shares (15.49% decrease). SEC filing: CFO Sale Filing
• Negative Sentiment: Insider Jonathan Knutzen sold 1,535 shares at $119.88 (≈$184.0k); post-sale holding 24,809 shares (5.83% decrease). SEC filing: Insider Sale Filing
• Negative Sentiment: Insider Angela L. Grant sold 1,447 shares at $119.88 (≈$173.5k); post-sale holding 5,242 shares (21.63% decrease). SEC filing: Insider Sale Filing

Wall Street Analyst Weigh In

PLMR has been the subject of a number of research analyst reports. JPMorgan Chase & Co. raised their target price on Palomar from $145.00 to $155.00 and gave the company an “overweight” rating in a report on Wednesday, January 7th. Wall Street Zen raised shares of Palomar from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. Keefe, Bruyette & Woods upped their target price on shares of Palomar from $170.00 to $171.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 6th. Finally, Weiss Ratings raised shares of Palomar from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, January 14th. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $159.50.

Hedge Funds Weigh In On Palomar

A number of institutional investors have recently modified their holdings of the business. PVG Asset Management Corp purchased a new position in Palomar in the 4th quarter valued at $218,000. Pictet Asset Management Holding SA boosted its stake in shares of Palomar by 10.1% during the 4th quarter. Pictet Asset Management Holding SA now owns 4,440 shares of the company’s stock worth $598,000 after acquiring an additional 408 shares in the last quarter. Kickstand Ventures LLC. purchased a new stake in Palomar during the fourth quarter worth $315,000. Vanguard Group Inc. boosted its position in shares of Palomar by 2.5% in the 4th quarter. Vanguard Group Inc. now owns 2,698,278 shares of the company’s stock worth $363,620,000 after buying an additional 67,038 shares in the last quarter. Finally, Calamos Advisors LLC acquired a new stake in shares of Palomar in the fourth quarter valued at approximately $2,344,000. 90.25% of the stock is owned by institutional investors and hedge funds.

About Palomar

Palomar Holdings, Inc (NASDAQ: PLMR) is a specialty insurance holding company focused on providing medical stop-loss coverage and related administrative services to self-funded employer health plans in the United States. The firm operates through two primary business segments—Medical Stop-Loss and Specialty Program Management—to deliver tailored risk protection and comprehensive program administration.

In its Medical Stop-Loss segment, Palomar underwrites excess and aggregate stop-loss policies designed to shield self-insured employers from catastrophic medical claims that exceed pre-determined retention levels.