Slide Insurance (NASDAQ:SLDE) CEO Bruce Lucas Sells 135,376 Shares of Stock

Slide Insurance Holdings, Inc. (NASDAQ:SLDEGet Free Report) CEO Bruce Lucas sold 135,376 shares of the company’s stock in a transaction dated Monday, March 30th. The shares were sold at an average price of $18.09, for a total transaction of $2,448,951.84. Following the sale, the chief executive officer directly owned 38,522,405 shares of the company’s stock, valued at approximately $696,870,306.45. This represents a 0.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Bruce Lucas also recently made the following trade(s):

  • On Wednesday, April 1st, Bruce Lucas sold 8,771 shares of Slide Insurance stock. The stock was sold at an average price of $18.01, for a total value of $157,965.71.
  • On Tuesday, March 31st, Bruce Lucas sold 247,008 shares of Slide Insurance stock. The stock was sold at an average price of $18.10, for a total transaction of $4,470,844.80.
  • On Thursday, March 26th, Bruce Lucas sold 178,733 shares of Slide Insurance stock. The stock was sold at an average price of $18.04, for a total transaction of $3,224,343.32.
  • On Tuesday, March 17th, Bruce Lucas sold 98,716 shares of Slide Insurance stock. The shares were sold at an average price of $18.44, for a total value of $1,820,323.04.
  • On Monday, March 16th, Bruce Lucas sold 227,500 shares of Slide Insurance stock. The shares were sold at an average price of $18.13, for a total transaction of $4,124,575.00.
  • On Wednesday, March 11th, Bruce Lucas sold 2,730 shares of Slide Insurance stock. The shares were sold at an average price of $17.42, for a total transaction of $47,556.60.
  • On Monday, March 9th, Bruce Lucas sold 118,300 shares of Slide Insurance stock. The shares were sold at an average price of $18.23, for a total value of $2,156,609.00.
  • On Friday, March 6th, Bruce Lucas sold 241,493 shares of Slide Insurance stock. The stock was sold at an average price of $18.59, for a total value of $4,489,354.87.
  • On Thursday, March 5th, Bruce Lucas sold 172,644 shares of Slide Insurance stock. The shares were sold at an average price of $19.37, for a total transaction of $3,344,114.28.

Slide Insurance Stock Up 0.6%

Shares of NASDAQ SLDE opened at $18.00 on Friday. The stock has a market cap of $2.24 billion and a P/E ratio of 6.98. The business’s fifty day simple moving average is $17.53 and its 200-day simple moving average is $16.91. Slide Insurance Holdings, Inc. has a 12-month low of $12.53 and a 12-month high of $25.90. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.03.

Slide Insurance (NASDAQ:SLDEGet Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $1.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.36. The firm had revenue of $347.01 million during the quarter.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Keefe, Bruyette & Woods upped their target price on Slide Insurance from $22.00 to $23.00 and gave the company an “outperform” rating in a research report on Monday, March 9th. Zacks Research raised Slide Insurance from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 17th. Barclays boosted their price objective on Slide Insurance from $25.00 to $29.00 and gave the company an “overweight” rating in a research note on Wednesday, February 25th. Weiss Ratings reissued a “hold (c-)” rating on shares of Slide Insurance in a report on Friday, December 26th. Finally, Texas Capital raised shares of Slide Insurance to a “strong-buy” rating in a report on Wednesday, March 18th. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $24.40.

View Our Latest Stock Analysis on Slide Insurance

Slide Insurance News Roundup

Here are the key news stories impacting Slide Insurance this week:

  • Neutral Sentiment: Slide set its 2026 first-quarter earnings release for after the close on April 28 — a near-term catalyst that may drive volatility and give investors fresh revenue/earnings guidance to reassess valuation. Slide to Report 2026 First Quarter Earnings Results on April 28, 2026
  • Negative Sentiment: CEO Bruce Lucas sold a large block of Slide shares across March 30–31 and April 1 (aggregate ~391,155 shares, ~ $7.08M at ~ $18.09 average), reducing his stake modestly but creating a sizable supply event that can be read negatively by the market. SEC Filing — Bruce Lucas
  • Negative Sentiment: COO Shannon Lucas sold multiple blocks (aggregate ~38,686 shares, ~ $700k), a small percentage of her holdings but another near-term selling pressure signal. She still retains a large stake, so the sales may be for liquidity or diversification, but the market often reacts negatively to clustered insider exits. SEC Filing — Shannon Lucas
  • Negative Sentiment: Another insider, Matthew Paul Larson, sold 11,250 shares for ~$202,500 at $18 — smaller individually but part of the broader pattern of insider sales this week. SEC Filing — Matthew Paul Larson

Institutional Investors Weigh In On Slide Insurance

A number of institutional investors have recently added to or reduced their stakes in the business. Hsbc Holdings PLC acquired a new position in Slide Insurance during the 4th quarter worth approximately $382,000. World Investment Advisors acquired a new stake in shares of Slide Insurance in the 4th quarter valued at approximately $1,964,000. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Slide Insurance by 4,839.2% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,519 shares of the company’s stock valued at $49,000 after buying an additional 2,468 shares during the period. Invesco Ltd. boosted its stake in shares of Slide Insurance by 35.1% in the fourth quarter. Invesco Ltd. now owns 20,066 shares of the company’s stock valued at $391,000 after buying an additional 5,212 shares in the last quarter. Finally, Vident Advisory LLC acquired a new position in Slide Insurance during the fourth quarter worth $859,000.

Slide Insurance Company Profile

(Get 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.

Further Reading

Insider Buying and Selling by Quarter for Slide Insurance (NASDAQ:SLDE)

Receive News & Ratings for Slide Insurance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Slide Insurance and related companies with MarketBeat.com's FREE daily email newsletter.