American Integrity Insurance Group, Inc. (NYSE:AII – Get Free Report) CEO Robert Ritchie sold 35,000 shares of the company’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $25.08, for a total transaction of $877,800.00. Following the sale, the chief executive officer directly owned 2,098,611 shares of the company’s stock, valued at approximately $52,633,163.88. This trade represents a 1.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
American Integrity Insurance Group Price Performance
NYSE:AII opened at $26.30 on Wednesday. The business’s 50-day moving average is $20.21 and its two-hundred day moving average is $19.06. The firm has a market capitalization of $515.14 million, a PE ratio of 5.84 and a beta of -0.20. American Integrity Insurance Group, Inc. has a 12 month low of $16.19 and a 12 month high of $26.61.
American Integrity Insurance Group (NYSE:AII – Get Free Report) last issued its earnings results on Tuesday, August 11th. The company reported $1.78 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.97. American Integrity Insurance Group had a return on equity of 26.74% and a net margin of 26.20%.The company had revenue of $115.17 million during the quarter. Equities analysts anticipate that American Integrity Insurance Group, Inc. will post 3.79 EPS for the current year.
Analyst Ratings Changes
Get Our Latest Analysis on American Integrity Insurance Group
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the stock. FJ Capital Management LLC increased its holdings in shares of American Integrity Insurance Group by 1,261.6% in the 4th quarter. FJ Capital Management LLC now owns 153,491 shares of the company’s stock valued at $3,197,000 after acquiring an additional 142,218 shares during the last quarter. Donald Smith & CO. Inc. bought a new position in American Integrity Insurance Group during the second quarter worth $2,192,000. Wasatch Advisors LP boosted its holdings in American Integrity Insurance Group by 38.6% in the first quarter. Wasatch Advisors LP now owns 1,192,192 shares of the company’s stock worth $22,985,000 after purchasing an additional 331,766 shares during the period. Pacific Ridge Capital Partners LLC increased its stake in American Integrity Insurance Group by 24.0% during the fourth quarter. Pacific Ridge Capital Partners LLC now owns 310,325 shares of the company’s stock valued at $6,464,000 after purchasing an additional 60,072 shares during the last quarter. Finally, Lazard Asset Management LLC bought a new stake in American Integrity Insurance Group during the first quarter valued at $443,000.
About American Integrity Insurance Group
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.
Recommended Stories
- Five stocks we like better than American Integrity Insurance Group
- Pathward’s Credit Scare Tests Its Comeback Story
- Wiring the AI Boom: Rumble’s $13.7B Pivot
- StoneX: Too Far Too Fast?
- DICK’s Sporting Goods Faces Pain Now for a Bigger Prize
Receive News & Ratings for American Integrity Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Integrity Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.
