American Integrity Insurance Group (NYSE:AII) CEO Sells $237,790.08 in Stock

American Integrity Insurance Group, Inc. (NYSE:AIIGet Free Report) CEO Robert Ritchie sold 9,174 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $25.92, for a total value of $237,790.08. Following the completion of the sale, the chief executive officer directly owned 1,883,997 shares in the company, valued at approximately $48,833,202.24. The trade was a 0.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

American Integrity Insurance Group Stock Performance

American Integrity Insurance Group stock opened at $26.00 on Friday. American Integrity Insurance Group, Inc. has a fifty-two week low of $16.19 and a fifty-two week high of $27.00. The company has a market capitalization of $509.34 million, a price-to-earnings ratio of 5.78 and a beta of -0.08. The stock has a fifty day moving average of $21.57 and a two-hundred day moving average of $19.50.

American Integrity Insurance Group (NYSE:AIIGet Free Report) last posted its quarterly earnings data on Tuesday, August 11th. The company reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.97. The business had revenue of $115.17 million for the quarter. American Integrity Insurance Group had a return on equity of 26.74% and a net margin of 26.20%. On average, analysts forecast that American Integrity Insurance Group, Inc. will post 3.82 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of AII. FJ Capital Management LLC increased its position in American Integrity Insurance Group by 1,261.6% during the fourth quarter. FJ Capital Management LLC now owns 153,491 shares of the company’s stock worth $3,197,000 after purchasing an additional 142,218 shares during the last quarter. BlackRock Inc. purchased a new stake in shares of American Integrity Insurance Group during the 2nd quarter valued at $16,723,000. Donald Smith & CO. Inc. purchased a new stake in shares of American Integrity Insurance Group during the 2nd quarter valued at $2,192,000. Freestone Grove Partners LP acquired a new stake in shares of American Integrity Insurance Group during the 2nd quarter worth $9,251,000. Finally, Wasatch Advisors LP raised its position in shares of American Integrity Insurance Group by 5.7% in the 2nd quarter. Wasatch Advisors LP now owns 1,260,169 shares of the company’s stock worth $23,729,000 after buying an additional 67,977 shares during the period.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on AII shares. Weiss Ratings reiterated a “sell (d)” rating on shares of American Integrity Insurance Group in a report on Thursday, August 27th. Piper Sandler raised their target price on shares of American Integrity Insurance Group from $23.00 to $26.00 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Wall Street Zen raised shares of American Integrity Insurance Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Raymond James Financial set a $27.00 price target on American Integrity Insurance Group in a report on Thursday, August 20th. Finally, Citizens Jmp raised their price objective on American Integrity Insurance Group from $25.00 to $26.00 and gave the stock a “market outperform” rating in a report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, American Integrity Insurance Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $26.50.

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American Integrity Insurance Group Company Profile

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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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Insider Buying and Selling by Quarter for American Integrity Insurance Group (NYSE:AII)

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