Shannon Lucas Sells 24,429 Shares of Slide Insurance (NASDAQ:SLDE) Stock

Slide Insurance Holdings, Inc. (NASDAQ:SLDE) COO Shannon Lucas sold 24,429 shares of the business’s 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 $442,164.90. Following the completion of the transaction, the chief operating officer owned 1,491,797 shares in the company, valued at $27,001,525.70. This trade represents a 1.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• On Monday, March 30th, Shannon Lucas sold 13,389 shares of Slide Insurance stock. The stock was sold at an average price of $18.09, for a total transaction of $242,207.01.
• On Wednesday, April 1st, Shannon Lucas sold 868 shares of Slide Insurance stock. The shares were sold at an average price of $18.01, for a total transaction of $15,632.68.
• On Tuesday, March 17th, Shannon Lucas sold 9,763 shares of Slide Insurance stock. The stock was sold at an average price of $18.44, for a total value of $180,029.72.
• On Monday, March 16th, Shannon Lucas sold 22,500 shares of Slide Insurance stock. The stock was sold at an average price of $18.13, for a total value of $407,925.00.
• On Wednesday, March 11th, Shannon Lucas sold 270 shares of Slide Insurance stock. The shares were sold at an average price of $17.42, for a total value of $4,703.40.
• On Monday, March 9th, Shannon Lucas sold 11,700 shares of Slide Insurance stock. The shares were sold at an average price of $18.23, for a total value of $213,291.00.
• On Friday, March 6th, Shannon Lucas sold 23,884 shares of Slide Insurance stock. The stock was sold at an average price of $18.59, for a total value of $444,003.56.
• On Thursday, March 5th, Shannon Lucas sold 17,075 shares of Slide Insurance stock. The stock was sold at an average price of $19.37, for a total value of $330,742.75.

Slide Insurance Price Performance

Shares of SLDE opened at $18.00 on Friday. The firm has a market cap of $2.24 billion and a PE ratio of 6.98. Slide Insurance Holdings, Inc. has a 52-week low of $12.53 and a 52-week high of $25.90. The business’s 50 day moving average price is $17.58 and its two-hundred day moving average price is $16.93. 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 (NASDAQ:SLDE) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $1.23 EPS for the quarter, topping the consensus estimate of $0.87 by $0.36. The company had revenue of $347.01 million for the quarter.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on SLDE. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Slide Insurance in a research note on Friday, December 26th. Piper Sandler raised their target price on Slide Insurance from $22.00 to $24.00 and gave the company an “overweight” rating in a research note on Thursday, February 26th. Zacks Research raised Slide Insurance from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 17th. Keefe, Bruyette & Woods upped their price target on Slide Insurance from $22.00 to $23.00 and gave the stock an “outperform” rating in a research note on Monday, March 9th. Finally, Texas Capital raised Slide Insurance to a “strong-buy” rating in a research note on Wednesday, March 18th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Slide Insurance has an average rating of “Buy” and a consensus price target of $24.40.

More Slide Insurance News

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

• Positive Sentiment: Analysts and research houses have pushed price targets higher and maintained a bullish consensus (MarketBeat notes several upgrades and an average target ~ $24.40), which supports demand / valuation sentiment. MarketBeat — SLDE analyst coverage
• Positive Sentiment: Institutional investors have been adding to positions (Capital World Investors, Vanguard, Balyasny and others increased or initiated stakes), a sign of confidence from large, longer-term holders that can underpin the share price. MarketBeat — institutional holdings
• Positive Sentiment: Fundamentals: Slide reported a strong February-quarter earnings beat (EPS $1.23 vs. $0.87 estimate) and solid revenue, which gives traders a fundamental rationale to buy ahead of the April quarter update. MarketBeat — earnings summary
• Neutral Sentiment: Near-term catalyst — Slide will report 2026 Q1 results after the close on April 28; that event may drive volatility and could swing sentiment depending on guidance and loss ratio trends. GlobeNewswire — Q1 release date
• Negative Sentiment: CEO Bruce Lucas executed large sales across March 30–31 and April 1 (aggregate ~391k shares, ~$7.1M at ~ $18.09 avg), creating a sizable near-term increase in sell-side supply that markets often view negatively. SEC filing — Bruce Lucas sales
• Negative Sentiment: COO Shannon Lucas sold multiple blocks in March–April (aggregate ~38.7k shares, ~ $700k), a clustered insider selling pattern that can weigh on near-term sentiment despite her retaining a large stake. SEC filing — Shannon Lucas sales
• Negative Sentiment: Other insider sales: Matthew Paul Larson sold 11,250 shares (~$202.5k at $18), adding to the week’s pattern of insider exits. Clustered insider selling often triggers short-term caution even when sales may be for diversification or liquidity. SEC filing — Matthew Paul Larson

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SLDE. Capital World Investors grew its holdings in shares of Slide Insurance by 49.4% during the third quarter. Capital World Investors now owns 4,483,180 shares of the company’s stock valued at $70,767,000 after buying an additional 1,483,180 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Slide Insurance by 14.7% in the 4th quarter. Vanguard Group Inc. now owns 2,761,819 shares of the company’s stock worth $53,800,000 after acquiring an additional 354,321 shares during the last quarter. Balyasny Asset Management L.P. lifted its position in Slide Insurance by 27.6% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,758,215 shares of the company’s stock valued at $34,250,000 after acquiring an additional 380,161 shares in the last quarter. Raymond James Financial Inc. bought a new position in Slide Insurance in the 2nd quarter valued at about $33,063,000. Finally, Hood River Capital Management LLC acquired a new position in Slide Insurance during the 2nd quarter valued at about $31,542,000.

Slide Insurance Company Profile

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.