219,510 Shares in American Integrity Insurance Group, Inc. $AII Acquired by Emerald Mutual Fund Advisers Trust

Emerald Mutual Fund Advisers Trust purchased a new stake in American Integrity Insurance Group, Inc. (NYSE:AII) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 219,510 shares of the company’s stock, valued at approximately $4,037,000. Emerald Mutual Fund Advisers Trust owned approximately 1.12% of American Integrity Insurance Group as of its most recent filing with the Securities and Exchange Commission.

Separately, FNY Investment Advisers LLC acquired a new stake in shares of American Integrity Insurance Group during the 2nd quarter valued at $45,000.

American Integrity Insurance Group Stock Down 1.9%

NYSE AII opened at $23.30 on Thursday. The firm has a market cap of $455.88 million and a price-to-earnings ratio of 6.15. The stock has a fifty day moving average of $21.54. American Integrity Insurance Group, Inc. has a 52-week low of $15.77 and a 52-week high of $24.72.

American Integrity Insurance Group (NYSE:AII) last posted its quarterly earnings results on Wednesday, September 3rd. The company reported $1.84 earnings per share (EPS) for the quarter. The company had revenue of $74.50 million during the quarter.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on AII shares. Piper Sandler lifted their target price on shares of American Integrity Insurance Group from $22.00 to $27.00 and gave the company an “overweight” rating in a research note on Monday, October 6th. Citigroup reiterated an “outperform” rating on shares of American Integrity Insurance Group in a research note on Tuesday, October 14th. Keefe, Bruyette & Woods raised their target price on shares of American Integrity Insurance Group from $23.00 to $26.00 and gave the company an “outperform” rating in a research note on Monday, October 6th. Raymond James Financial reiterated an “outperform” rating and issued a $24.00 target price (up from $22.00) on shares of American Integrity Insurance Group in a research note on Monday, September 22nd. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of American Integrity Insurance Group in a research note on Wednesday, October 8th. Seven investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $25.20.

American Integrity Insurance Group Company Profile

We are a profitable and growing insurance group headquartered in Tampa, Florida. Through our insurance carrier subsidiary, American Integrity Insurance Company of Florida, Inc (“AIICFL”), we provide personal residential property insurance for single-family homeowners and condominium owners as well as coverage for vacant dwellings and investment properties, predominantly in Florida.