GSA Capital Partners LLP Invests $2.13 Million in Slide Insurance Holdings, Inc. $SLDE

Posted by Stanley Muller on Aug 16th, 2026

GSA Capital Partners LLP purchased a new stake in shares of Slide Insurance Holdings, Inc. (NASDAQ:SLDE – Free Report) during the second quarter, Holdings Channel reports. The institutional investor purchased 110,233 shares of the company’s stock, valued at approximately $2,135,000.

Several other large investors have also recently bought and sold shares of SLDE. Janus Henderson Group PLC raised its position in Slide Insurance by 1,151.3% during the first quarter. Janus Henderson Group PLC now owns 172,683 shares of the company’s stock valued at $3,108,000 after buying an additional 158,883 shares during the period. California State Teachers Retirement System boosted its position in Slide Insurance by 9.5% during the 1st quarter. California State Teachers Retirement System now owns 25,318 shares of the company’s stock worth $456,000 after acquiring an additional 2,189 shares during the period. Royal Bank of Canada grew its stake in Slide Insurance by 221.0% during the 1st quarter. Royal Bank of Canada now owns 5,993 shares of the company’s stock valued at $109,000 after acquiring an additional 4,126 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new position in Slide Insurance during the 1st quarter valued at about $655,000. Finally, Quantinno Capital Management LP acquired a new position in shares of Slide Insurance in the 1st quarter valued at about $953,000.

Slide Insurance Stock Performance

Shares of NASDAQ SLDE opened at $21.93 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.23 and a quick ratio of 1.23. Slide Insurance Holdings, Inc. has a one year low of $12.53 and a one year high of $23.00. The business’s 50-day moving average price is $19.65 and its two-hundred day moving average price is $18.53. The company has a market capitalization of $2.56 billion, a P/E ratio of 5.35 and a beta of -0.04.

Slide Insurance (NASDAQ:SLDE – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.18. The company 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 anticipate that Slide Insurance Holdings, Inc. will post 3.91 earnings per share for the current fiscal year.

Slide Insurance Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be issued a $0.07 dividend. The ex-dividend date is Friday, August 14th. This represents a $0.28 dividend on an annualized basis and a yield of 1.3%.

Slide Insurance declared that its board has approved a stock buyback program on Tuesday, April 28th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the company to repurchase up to 4.3% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Wall Street Zen raised shares of Slide Insurance from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Barclays boosted their price objective on shares of Slide Insurance from $27.00 to $28.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Slide Insurance in a research note on Monday, August 3rd. Citizens Jmp increased their target price on shares of Slide Insurance from $25.00 to $27.00 and gave the stock a “market outperform” rating in a research report on Thursday, July 30th. Finally, Morgan Stanley set a $22.00 target price on shares of Slide Insurance in a research note on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $25.40.

Get Our Latest Report on Slide Insurance

Insider Buying and Selling at Slide Insurance

In other Slide Insurance news, Director Robert Gries, Jr. sold 84,636 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $20.34, for a total value of $1,721,496.24. Following the completion of the sale, the director directly owned 1,777,357 shares of the company’s stock, valued at $36,151,441.38. The trade was a 4.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Shannon Lucas sold 45,000 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $19.06, for a total transaction of $857,700.00. Following the transaction, the chief operating officer owned 1,210,300 shares in the company, valued at approximately $23,068,318. This trade represents a 3.58% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,827,408 shares of company stock worth $34,334,764 in the last ninety days. Insiders own 50.80% of the company’s stock.

Slide Insurance Profile

(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.