Slide Insurance (NASDAQ:SLDE) Director Robert Gries, Jr. Sells 107,510 Shares of Stock

Posted by George Bondi on Sep 11th, 2026

Slide Insurance Holdings, Inc. (NASDAQ:SLDE – Get Free Report) Director Robert Gries, Jr. sold 107,510 shares of the company’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $24.44, for a total transaction of $2,627,544.40. Following the completion of the transaction, the director owned 1,585,211 shares of the company’s stock, valued at $38,742,556.84. This represents a 6.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Slide Insurance Stock Performance

Shares of SLDE stock opened at $24.45 on Friday. The stock’s 50-day moving average is $21.84 and its two-hundred day moving average is $19.43. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.23 and a current ratio of 1.23. Slide Insurance Holdings, Inc. has a 1 year low of $12.53 and a 1 year high of $25.09. The firm has a market cap of $2.86 billion, a price-to-earnings ratio of 5.96 and a beta of 0.07.

Slide Insurance (NASDAQ:SLDE – Get Free Report) last posted its earnings results on Tuesday, July 28th. The company reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.18. The business had revenue of $386.82 million during the quarter. Slide Insurance had a return on equity of 50.69% and a net margin of 40.02%. Analysts predict that Slide Insurance Holdings, Inc. will post 3.79 earnings per share for the current year.

Slide Insurance Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, August 14th. Slide Insurance’s dividend payout ratio is presently 6.83%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. purchased a new stake in Slide Insurance during the second quarter worth about $98,538,000. Hsbc Holdings PLC purchased a new position in shares of Slide Insurance in the second quarter valued at $1,077,000. World Investment Advisors purchased a new position in shares of Slide Insurance in the fourth quarter valued at $1,964,000. Axis Wealth Partners LLC raised its stake in shares of Slide Insurance by 100.0% during the 1st quarter. Axis Wealth Partners LLC now owns 203,502 shares of the company’s stock worth $3,663,000 after buying an additional 101,751 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust boosted its position in shares of Slide Insurance by 24.9% in the 1st quarter. Emerald Mutual Fund Advisers Trust now owns 459,820 shares of the company’s stock worth $8,277,000 after buying an additional 91,610 shares in the last quarter.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Citizens Jmp lifted their target price on shares of Slide Insurance from $25.00 to $27.00 and gave the company a “market outperform” rating in a report on Thursday, July 30th. Weiss Ratings upgraded shares of Slide Insurance from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, August 27th. Barclays raised their price objective on shares of Slide Insurance from $27.00 to $28.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Citigroup restated an “outperform” rating on shares of Slide Insurance in a research note on Thursday, July 30th. Finally, Zacks Research raised shares of Slide Insurance from a “hold” rating to a “strong-buy” rating in a report on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $25.40.

Get Our Latest Research Report on SLDE

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.