American Integrity Insurance Group (NYSE:AII) Director Steven Mathis Purchases 3,000 Shares

American Integrity Insurance Group, Inc. (NYSE:AIIGet Free Report) Director Steven Mathis purchased 3,000 shares of American Integrity Insurance Group stock in a transaction on Tuesday, May 26th. The stock was bought at an average price of $16.82 per share, with a total value of $50,460.00. Following the completion of the acquisition, the director directly owned 6,126 shares of the company’s stock, valued at approximately $103,039.32. This trade represents a 95.97% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

American Integrity Insurance Group Trading Up 0.6%

Shares of NYSE AII opened at $16.75 on Thursday. The firm has a market capitalization of $328.07 million and a P/E ratio of 3.82. The firm’s 50-day moving average price is $18.66 and its 200-day moving average price is $19.53. American Integrity Insurance Group, Inc. has a 1-year low of $15.77 and a 1-year high of $26.36.

American Integrity Insurance Group (NYSE:AIIGet Free Report) last issued its earnings results on Tuesday, May 12th. The company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.09. American Integrity Insurance Group had a return on equity of 27.04% and a net margin of 27.56%.The business had revenue of $90.93 million during the quarter. Equities research analysts forecast that American Integrity Insurance Group, Inc. will post 2.73 EPS for the current year.

Hedge Funds Weigh In On American Integrity Insurance Group

A number of large investors have recently modified their holdings of the company. Strs Ohio bought a new position in American Integrity Insurance Group during the 3rd quarter valued at $33,000. NewEdge Advisors LLC bought a new position in American Integrity Insurance Group during the 4th quarter valued at $33,000. New York State Common Retirement Fund bought a new position in American Integrity Insurance Group during the 4th quarter valued at $42,000. Police & Firemen s Retirement System of New Jersey lifted its stake in American Integrity Insurance Group by 172.7% during the 4th quarter. Police & Firemen s Retirement System of New Jersey now owns 2,446 shares of the company’s stock valued at $51,000 after acquiring an additional 1,549 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new position in American Integrity Insurance Group during the 3rd quarter valued at $72,000.

Analysts Set New Price Targets

Several equities research analysts have recently commented on AII shares. Citizens Jmp decreased their price objective on American Integrity Insurance Group from $28.00 to $25.00 and set a “market outperform” rating for the company in a report on Wednesday, May 13th. Keefe, Bruyette & Woods cut their target price on American Integrity Insurance Group from $28.00 to $27.00 and set an “outperform” rating on the stock in a report on Tuesday, April 7th. Weiss Ratings reiterated a “sell (d-)” rating on shares of American Integrity Insurance Group in a report on Monday, May 4th. Finally, Citigroup reiterated an “outperform” rating on shares of American Integrity Insurance Group in a report on Wednesday, May 13th. Six investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $26.75.

Check Out Our Latest Analysis on AII

American Integrity Insurance Group Company Profile

(Get Free Report)

American Integrity Insurance Group, Ltd. is a specialized provider of personal lines residential property insurance based in Jacksonville Beach, Florida. The company underwrites a variety of policies including homeowners multiple peril, condominium unitowners, dwelling fire, wind-only, personal umbrella and renters insurance. Its product suite is designed to protect against hurricane, windstorm, hail and other weather-related risks common to Florida’s coastal and inland regions.

Founded in 2004, American Integrity operates primarily through a network of independent insurance agents across the state of Florida.

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