Slide Insurance (NASDAQ:SLDE) CEO Bruce Lucas Sells 247,008 Shares

Posted by Defense World Staff on Apr 3rd, 2026

Slide Insurance Holdings, Inc. (NASDAQ:SLDE – Get Free Report) CEO Bruce Lucas sold 247,008 shares of Slide Insurance stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $18.10, for a total transaction of $4,470,844.80. Following the transaction, the chief executive officer directly owned 38,275,397 shares in the company, valued at approximately $692,784,685.70. This represents a 0.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

On Monday, March 30th, Bruce Lucas sold 135,376 shares of Slide Insurance stock. The shares were sold at an average price of $18.09, for a total value of $2,448,951.84.
On Wednesday, April 1st, Bruce Lucas sold 8,771 shares of Slide Insurance stock. The shares were sold at an average price of $18.01, for a total value of $157,965.71.
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 value of $3,224,343.32.
On Tuesday, March 17th, Bruce Lucas sold 98,716 shares of Slide Insurance stock. The stock was 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 value 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 value of $47,556.60.
On Monday, March 9th, Bruce Lucas sold 118,300 shares of Slide Insurance stock. The stock was 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 transaction 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 Performance

NASDAQ SLDE opened at $18.00 on Friday. The company has a market capitalization of $2.24 billion and a PE ratio of 6.98. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.34 and a current ratio of 1.34. Slide Insurance Holdings, Inc. has a 52-week low of $12.53 and a 52-week high of $25.90. The company has a 50-day simple moving average of $17.53 and a 200 day simple moving average of $16.91.

Slide Insurance (NASDAQ:SLDE – Get Free Report) last released its earnings results on Tuesday, February 24th. The company reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.36. The company had revenue of $347.01 million during the quarter.

Institutional Investors Weigh In On Slide Insurance

A number of hedge funds and other institutional investors have recently bought and sold shares of SLDE. Hsbc Holdings PLC bought a new position in shares of Slide Insurance in the fourth quarter worth $382,000. World Investment Advisors bought a new stake in shares of Slide Insurance during the 4th quarter valued at $1,964,000. Caitong International Asset Management Co. Ltd raised its stake in shares of Slide Insurance by 4,839.2% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,519 shares of the company’s stock valued at $49,000 after purchasing an additional 2,468 shares during the period. Invesco Ltd. lifted its holdings in Slide Insurance by 35.1% during the 4th quarter. Invesco Ltd. now owns 20,066 shares of the company’s stock worth $391,000 after purchasing an additional 5,212 shares in the last quarter. Finally, Vident Advisory LLC bought a new position in Slide Insurance in the 4th quarter worth about $859,000.

Key Slide Insurance News

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

Analyst Ratings Changes

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

View Our Latest Research Report on Slide Insurance

About Slide Insurance

(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.