American Integrity Insurance Group (NYSE:AII) CEO Robert Ritchie Sells 3,137 Shares of Company Stock

American Integrity Insurance Group, Inc. (NYSE:AII – Get Free Report) CEO Robert Ritchie sold 3,137 shares of the business’s stock in a transaction that occurred on Friday, October 9th. The stock was sold at an average price of $27.05, for a total transaction of $84,855.85. Following the completion of the sale, the chief executive officer owned 1,880,860 shares of the company’s stock, valued at approximately $50,877,263. The trade was a 0.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

American Integrity Insurance Group Stock Performance

Shares of American Integrity Insurance Group stock opened at $27.40 on Wednesday. American Integrity Insurance Group, Inc. has a 52-week low of $16.19 and a 52-week high of $27.86. The stock has a market capitalization of $536.73 million, a price-to-earnings ratio of 6.09 and a beta of 0.02. The company has a fifty day moving average of $25.25 and a 200-day moving average of $20.80.

American Integrity Insurance Group (NYSE:AII – Get Free Report) last released its earnings results on Tuesday, August 11th. The company reported $1.78 EPS for the quarter, beating the consensus estimate of $0.81 by $0.97. The company had revenue of $115.17 million for the quarter. American Integrity Insurance Group had a net margin of 26.20% and a return on equity of 26.74%. On average, equities research analysts forecast that American Integrity Insurance Group, Inc. will post 3.82 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on AII shares. Citizens Jmp raised their price objective on American Integrity Insurance Group from $26.00 to $29.00 and gave the company a “market outperform” rating in a research note on Monday. Wall Street Zen raised American Integrity Insurance Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Raymond James Financial reissued an “outperform” rating on shares of American Integrity Insurance Group in a research note on Tuesday, October 6th. Keefe, Bruyette & Woods increased their target price on American Integrity Insurance Group from $29.00 to $31.00 and gave the company an “outperform” rating in a report on Monday. Finally, Citigroup restated an “outperform” rating on shares of American Integrity Insurance Group in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, American Integrity Insurance Group currently has an average rating of “Moderate Buy” and a consensus target price of $28.25.

Get Our Latest Report on AII

Key Headlines Impacting American Integrity Insurance Group

Here are the key news stories impacting American Integrity Insurance Group this week:

  • Positive Sentiment: Analyst upgrades supported the stock: Keefe, Bruyette & Woods raised its price target from $29 to $31 and kept an “outperform” rating, implying about 13% upside from the referenced price. Keefe, Bruyette & Woods Issues Positive Forecast for American Integrity Insurance Group
  • Positive Sentiment: Citizens JMP increased its target from $26 to $29 and assigned a “market outperform” rating, signaling continued confidence in American Integrity’s earnings and growth outlook. The upgrade was also accompanied by a notable increase in trading volume. American Integrity Insurance Group Sees Large Volume Increase on Analyst Upgrade American Integrity Insurance Group Stock Price Expected to Rise
  • Neutral Sentiment: The positive recommendations come as AII trades near its 52-week high, potentially reflecting strong investor momentum but also leaving less room for error if future results disappoint.
  • Negative Sentiment: CEO Robert Ritchie sold a combined 123,564 shares in transactions from October 9 through October 13 for approximately $3.37 million. The sales reduced his direct holdings by about 6.7%, which may raise concerns about insider confidence or near-term valuation, though he still owns roughly 1.76 million shares.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC grew its holdings in American Integrity Insurance Group by 9,544.4% in the 3rd quarter. GAMMA Investing LLC now owns 1,736 shares of the company’s stock worth $43,000 after acquiring an additional 1,718 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of American Integrity Insurance Group by 156.2% in the first quarter. NewEdge Advisors LLC now owns 4,100 shares of the company’s stock valued at $79,000 after acquiring an additional 2,500 shares during the period. State of Wyoming purchased a new position in shares of American Integrity Insurance Group in the first quarter valued at about $134,000. Deutsche Bank AG bought a new position in shares of American Integrity Insurance Group during the second quarter valued at about $199,000. Finally, PDT Partners LLC bought a new position in shares of American Integrity Insurance Group during the second quarter valued at about $216,000.

About American Integrity Insurance Group

(Get Free Report)

American Integrity Insurance Group, Inc is an insurance company focused on residential property coverage in catastrophe-exposed markets. Through its insurance subsidiaries, the company primarily serves homeowners and other residential policyholders, with an emphasis on providing protection against risks such as wind, hurricanes and other property-related losses.

Its product offerings include homeowners insurance and related personal-lines products for owner-occupied residences, condominium unit owners, renters and other residential properties.

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Insider Buying and Selling by Quarter for American Integrity Insurance Group (NYSE:AII)

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