American Coastal Insurance (NASDAQ:ACIC) Stock Rating Upgraded by Zacks Research

Posted by Geri Gentry on Oct 16th, 2026

American Coastal Insurance (NASDAQ:ACIC – Get Free Report) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Wednesday, Zacks reports.

Several other analysts have also issued reports on ACIC. Weiss Ratings lowered American Coastal Insurance from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Raymond James Financial restated an “outperform” rating and issued a $13.00 price target on shares of American Coastal Insurance in a research note on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $13.00.

Check Out Our Latest Research Report on ACIC

American Coastal Insurance Trading Up 4.0%

Shares of NASDAQ:ACIC opened at $10.95 on Wednesday. The company’s 50-day moving average price is $9.52 and its two-hundred day moving average price is $10.44. American Coastal Insurance has a one year low of $9.01 and a one year high of $13.06. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.88 and a quick ratio of 0.88. The stock has a market capitalization of $517.61 million, a PE ratio of 5.45 and a beta of -0.51.

American Coastal Insurance (NASDAQ:ACIC – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.09). The company had revenue of $82.60 million during the quarter. American Coastal Insurance had a net margin of 30.31% and a return on equity of 27.95%. On average, equities analysts forecast that American Coastal Insurance will post 1.33 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Brooke Adler sold 21,196 shares of the business’s stock in a transaction on Thursday, September 24th. The shares were sold at an average price of $9.06, for a total transaction of $192,035.76. Following the transaction, the insider directly owned 100,175 shares in the company, valued at approximately $907,585.50. The trade was a 17.46% 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. Also, CEO Bennett Bradford Martz purchased 10,000 shares of the company’s stock in a transaction on Tuesday, September 22nd. The shares were purchased at an average cost of $9.15 per share, for a total transaction of $91,500.00. Following the completion of the transaction, the chief executive officer directly owned 444,611 shares of the company’s stock, valued at approximately $4,068,190.65. This represents a 2.30% increase in their position. The disclosure for this purchase is available in the SEC filing. 49.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Royal Bank of Canada increased its stake in shares of American Coastal Insurance by 290.7% during the 1st quarter. Royal Bank of Canada now owns 2,270 shares of the company’s stock worth $25,000 after purchasing an additional 1,689 shares during the last quarter. Legal & General Group Plc bought a new stake in shares of American Coastal Insurance in the 2nd quarter valued at about $25,000. Ancora Advisors LLC bought a new stake in shares of American Coastal Insurance in the 2nd quarter valued at about $27,000. Versant Capital Management Inc lifted its stake in American Coastal Insurance by 1,646.9% in the 3rd quarter. Versant Capital Management Inc now owns 7,302 shares of the company’s stock valued at $66,000 after purchasing an additional 6,884 shares during the last quarter. Finally, Daytona Street Capital LLC lifted its stake in American Coastal Insurance by 15.0% in the 3rd quarter. Daytona Street Capital LLC now owns 11,500 shares of the company’s stock valued at $106,000 after purchasing an additional 1,500 shares during the last quarter. Institutional investors own 22.11% of the company’s stock.

About American Coastal Insurance

(Get Free Report)

American Coastal Insurance Corporation (NASDAQ: ACIC) is a property and casualty insurance holding company focused on commercial residential property coverage. Through its insurance subsidiaries, the company provides policies for condominium associations, homeowners associations, apartment buildings and other residential properties with shared or commercial ownership structures.

The company specializes in insurance for properties exposed to severe weather and catastrophe risks, including hurricanes and other coastal events.