American Integrity Insurance Group, Inc. (NYSE:AII – Get Free Report) CEO Robert Ritchie sold 30,000 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $20.85, for a total transaction of $625,500.00. Following the completion of the transaction, the chief executive officer directly owned 2,370,997 shares of the company’s stock, valued at approximately $49,435,287.45. The trade was a 1.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
American Integrity Insurance Group Price Performance
Shares of AII opened at $20.91 on Friday. The company has a 50-day simple moving average of $18.45 and a two-hundred day simple moving average of $18.60. The firm has a market capitalization of $409.53 million, a PE ratio of 4.77 and a beta of -0.20. American Integrity Insurance Group, Inc. has a one year low of $16.19 and a one year high of $26.36.
American Integrity Insurance Group (NYSE:AII – Get Free Report) last announced its earnings results on Tuesday, May 12th. The company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $90.93 million during the quarter. Analysts expect that American Integrity Insurance Group, Inc. will post 2.73 EPS for the current fiscal year.
Institutional Investors Weigh In On American Integrity Insurance Group
Wall Street Analyst Weigh In
A number of analysts have recently commented on AII shares. Piper Sandler boosted their target price on shares of American Integrity Insurance Group from $20.00 to $23.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Weiss Ratings raised shares of American Integrity Insurance Group from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday, June 1st. Citigroup reissued an “outperform” rating on shares of American Integrity Insurance Group in a research note on Wednesday, May 13th. Finally, Citizens Jmp cut their price objective on shares of American Integrity Insurance Group from $28.00 to $25.00 and set a “market outperform” rating on the stock in a report on Wednesday, May 13th. Five analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, American Integrity Insurance Group has a consensus rating of “Moderate Buy” and an average price target of $25.75.
View Our Latest Stock Analysis on American Integrity Insurance Group
American Integrity Insurance Group Company Profile
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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