Insider Selling: Slide Insurance (NASDAQ:SLDE) Director Sells $292,650.00 in Stock

Posted by Brenda Bartman on Jul 4th, 2026

Slide Insurance Holdings, Inc. (NASDAQ:SLDE – Get Free Report) Director Andrew Pardo Wright sold 15,000 shares of Slide Insurance stock in a transaction on Monday, June 29th. The stock was sold at an average price of $19.51, for a total transaction of $292,650.00. Following the completion of the transaction, the director directly owned 18,998 shares of the company’s stock, valued at $370,650.98. The trade was a 44.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Andrew Pardo Wright also recently made the following trade(s):

On Friday, June 26th, Andrew Pardo Wright sold 15,000 shares of Slide Insurance stock. The shares were sold at an average price of $19.03, for a total transaction of $285,450.00.
On Wednesday, June 24th, Andrew Pardo Wright sold 31,002 shares of Slide Insurance stock. The stock was sold at an average price of $18.01, for a total value of $558,346.02.
On Monday, May 18th, Andrew Pardo Wright sold 10,086 shares of Slide Insurance stock. The stock was sold at an average price of $19.00, for a total value of $191,634.00.
On Friday, May 15th, Andrew Pardo Wright sold 10,000 shares of Slide Insurance stock. The shares were sold at an average price of $18.75, for a total value of $187,500.00.
On Thursday, May 7th, Andrew Pardo Wright sold 6,316 shares of Slide Insurance stock. The shares were sold at an average price of $18.90, for a total value of $119,372.40.
On Friday, May 1st, Andrew Pardo Wright sold 15,000 shares of Slide Insurance stock. The stock was sold at an average price of $18.75, for a total value of $281,250.00.

Slide Insurance Stock Performance

NASDAQ SLDE opened at $21.25 on Friday. The company has a market cap of $2.43 billion and a P/E ratio of 5.90. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.33 and a current ratio of 1.33. The business’s 50 day moving average price is $18.16 and its 200-day moving average price is $17.97. Slide Insurance Holdings, Inc. has a fifty-two week low of $12.53 and a fifty-two week high of $21.79.

Slide Insurance (NASDAQ:SLDE – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.20. The company had revenue of $389.28 million for the quarter. Slide Insurance had a return on equity of 48.38% and a net margin of 38.86%. Sell-side analysts predict that Slide Insurance Holdings, Inc. will post 3.51 earnings per share for the current year.

Slide Insurance declared that its board has authorized 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 buy up to 4.3% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

A number of research firms recently commented on SLDE. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Slide Insurance in a research note on Wednesday, May 6th. Wall Street Zen raised shares of Slide Insurance from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Texas Capital raised shares of Slide Insurance to a “strong-buy” rating in a research note on Wednesday, March 18th. Zacks Research lowered Slide Insurance from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Keefe, Bruyette & Woods upped their target price on Slide Insurance from $22.00 to $23.00 and gave the company an “outperform” rating in a research note on Monday, March 9th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $24.80.

Read Our Latest Research Report on Slide Insurance

Institutional Trading of Slide Insurance

Several institutional investors and hedge funds have recently made changes to their positions in SLDE. Fifth Third Bancorp boosted its position in Slide Insurance by 529,826.4% in the 4th quarter. Fifth Third Bancorp now owns 381,547 shares of the company’s stock valued at $7,433,000 after buying an additional 381,475 shares during the period. Cyndeo Wealth Partners LLC purchased a new position in shares of Slide Insurance during the fourth quarter worth approximately $2,235,000. FourThought Financial Partners LLC purchased a new position in shares of Slide Insurance during the fourth quarter worth approximately $5,893,000. Quantbot Technologies LP bought a new stake in shares of Slide Insurance during the third quarter valued at approximately $871,000. Finally, World Investment Advisors bought a new stake in shares of Slide Insurance during the fourth quarter valued at approximately $1,964,000.

Slide Insurance Company Profile

(Get Free Report)

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.