Insider Selling: Slide Insurance (NASDAQ:SLDE) CEO Sells $2,559,375.00 in Stock

Slide Insurance Holdings, Inc. (NASDAQ:SLDE) CEO Bruce Lucas sold 136,500 shares of Slide Insurance stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $18.75, for a total value of $2,559,375.00. Following the completion of the transaction, the chief executive officer owned 36,916,487 shares in the company, valued at approximately $692,184,131.25. This represents a 0.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Wednesday, April 29th, Bruce Lucas sold 191,276 shares of Slide Insurance stock. The shares were sold at an average price of $19.24, for a total value of $3,680,150.24.
• On Tuesday, April 28th, Bruce Lucas sold 154,207 shares of Slide Insurance stock. The shares were sold at an average price of $18.94, for a total value of $2,920,680.58.
• On Monday, April 20th, Bruce Lucas sold 118,055 shares of Slide Insurance stock. The shares were sold at an average price of $19.55, for a total value of $2,307,975.25.
• On Tuesday, April 14th, Bruce Lucas sold 190,836 shares of Slide Insurance stock. The shares were sold at an average price of $18.04, for a total value of $3,442,681.44.
• On Monday, April 13th, Bruce Lucas sold 259,055 shares of Slide Insurance stock. The shares were sold at an average price of $18.05, for a total value of $4,675,942.75.
• On Thursday, April 9th, Bruce Lucas sold 273,702 shares of Slide Insurance stock. The shares were sold at an average price of $18.11, for a total value of $4,956,743.22.
• On Wednesday, April 8th, Bruce Lucas sold 121,414 shares of Slide Insurance stock. The shares were sold at an average price of $18.01, for a total value of $2,186,666.14.
• On Tuesday, April 7th, Bruce Lucas sold 114,077 shares of Slide Insurance stock. The shares were sold at an average price of $18.00, for a total value of $2,053,386.00.
• On Monday, April 6th, Bruce Lucas sold 136,500 shares of Slide Insurance stock. The shares were sold at an average price of $18.09, for a total value of $2,469,285.00.
• On Monday, March 30th, Bruce Lucas sold 135,376 shares of Slide Insurance stock. The shares were sold at an average price of $18.09, for a total value of $2,448,951.84.

Slide Insurance Stock Performance

Shares of SLDE stock opened at $18.60 on Friday. The business’s 50-day moving average price is $18.19 and its 200-day moving average price is $17.39. Slide Insurance Holdings, Inc. has a 12 month low of $12.53 and a 12 month high of $25.90. The firm has a market capitalization of $2.13 billion and a price-to-earnings ratio of 5.17. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.03.

Slide Insurance (NASDAQ:SLDE) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.82 by $0.20. Slide Insurance had a return on equity of 50.01% and a net margin of 38.86%.The firm had revenue of $389.28 million for the quarter. Equities research analysts forecast that Slide Insurance Holdings, Inc. will post 3.36 EPS for the current year.

Slide Insurance announced that its Board of Directors has approved a share buyback plan on Tuesday, April 28th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the company to repurchase up to 4.3% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its stock is undervalued.

Key Stories Impacting Slide Insurance

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

• Positive Sentiment: Q1 beat: Slide reported $1.02 EPS vs. $0.82 expected and $389.3M revenue, showing strong premium growth and improved profitability — a clear operational upside supporting the stock. Earnings Call Transcript
• Positive Sentiment: Board authorized a $100M share repurchase program (?4.3% of shares), a shareholder-friendly move that can boost EPS and signal management confidence. Repurchase Announcement
• Positive Sentiment: 2026 growth/guidance: Slide expects $1.85B–$1.95B in gross written premiums for 2026 and is arranging a ~ $3.5B first-event reinsurance tower — signals scale ambition and risk management as it grows. Guidance / Reinsurance
• Positive Sentiment: Institutional buying and new positions (including notable investors adding shares) suggest growing institutional conviction that could support demand. Institutional Interest
• Neutral Sentiment: Earnings call transcripts and management commentary are available for deeper diligence; the call provides color on reserve assumptions and reinsurance plans but no new surprise items. Earnings Call (Fool)
• Negative Sentiment: Heavy insider selling: CEO Bruce Lucas, COO Shannon Lucas and other insiders executed multiple large sales across late April (hundreds of thousands of shares across several tranches). Repeated, sizable disposals can create near-term selling pressure and raise investor caution. Bruce Lucas Sale
• Negative Sentiment: Analyst momentum: Zacks downgraded SLDE from “strong-buy” to “hold,” which may prompt short-term selling by momentum-driven funds despite the earnings beat. Zacks Downgrade

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Texas Capital raised Slide Insurance to a “strong-buy” rating in a research note on Wednesday, March 18th. Wall Street Zen lowered Slide Insurance from a “buy” rating to a “hold” rating in a research note on Saturday, April 11th. Keefe, Bruyette & Woods lifted their price target on Slide Insurance from $22.00 to $23.00 and gave the company an “outperform” rating in a research note on Monday, March 9th. Piper Sandler lifted their price objective on Slide Insurance from $22.00 to $24.00 and gave the stock an “overweight” rating in a research note on Thursday, February 26th. Finally, Zacks Research lowered Slide Insurance from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $24.80.

Hedge Funds Weigh In On Slide Insurance

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Comerica Bank lifted 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 acquiring an additional 1,281 shares during the period. Hsbc Holdings PLC lifted its stake in shares of Slide Insurance by 8.4% in the first quarter. Hsbc Holdings PLC now owns 21,251 shares of the company’s stock worth $384,000 after acquiring an additional 1,641 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in shares of Slide Insurance by 11.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,019 shares of the company’s stock worth $313,000 after acquiring an additional 1,704 shares during the period. CWM LLC acquired a new position in shares of Slide Insurance in the fourth quarter worth approximately $35,000. Finally, Ameritas Investment Partners Inc. acquired a new position in shares of Slide Insurance in the third quarter worth approximately $35,000.

Slide Insurance Company Profile

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.