Slide Insurance (NASDAQ:SLDE) COO Sells 9,763 Shares

March 19, 2026 by InsiderTrades.com

Key Points

CEO Bruce Lucas sold roughly 861,383 shares in multiple March transactions — about $16.0 million in total, including a 227,500-share sale on March 16 for $4.12 million.
Despite the sales, Lucas still directly owns 38,994,033 shares (≈$707 million), a 0.58% reduction in his stake; the disclosed insider selling likely pressured sentiment as the stock opened at $17.75 and was down 2.7%.
Fundamentals and analyst sentiment remain positive: SLDE beat Q4 EPS expectations ($1.23 vs. $0.87) on $347M revenue, and analysts have a consensus "Buy" with an average price target of $24.40 (implying roughly 36% upside).

Slide Insurance Holdings, Inc. (NASDAQ:SLDE - Get Free Report) COO Shannon Lucas sold 9,763 shares of the firm's stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $18.44, for a total value of $180,029.72. Following the completion of the transaction, the chief operating officer owned 1,553,108 shares in the company, valued at $28,639,311.52. This represents a 0.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

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 stock was sold at an average price of $18.23, for a total transaction 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 transaction of $444,003.56.
On Thursday, March 5th, Shannon Lucas sold 17,075 shares of Slide Insurance stock. The shares were sold at an average price of $19.37, for a total transaction of $330,742.75.

Slide Insurance Stock Down 2.7%

SLDE opened at $17.75 on Thursday. Slide Insurance Holdings, Inc. has a fifty-two week low of $12.53 and a fifty-two week high of $25.90. The firm has a market capitalization of $2.21 billion and a P/E ratio of 6.88. The company's 50-day moving average is $17.38 and its 200 day moving average is $16.63. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.34 and a quick ratio of 1.34.

Slide Insurance (NASDAQ:SLDE - Get Free Report) last issued its quarterly earnings data 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.

Key Slide Insurance News

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

Positive Sentiment: Zacks upgraded SLDE from "hold" to "strong-buy", a move that can attract retail and quant flows that follow Zacks ratings. Zacks.com
Positive Sentiment: Keefe, Bruyette & Woods raised its price target on SLDE, signaling stronger analyst conviction and providing support to sentiment. Keefe Bruyette Price Target
Positive Sentiment: Analyst consensus and coverage note a meaningful implied upside (~36% consensus target), which can fuel interest from momentum and target-chasing funds if earnings revisions remain favorable. Zacks Upside Note
Positive Sentiment: Fundamentals: SLDE recently beat quarterly EPS expectations ($1.23 vs. $0.87) on $347M revenue, reinforcing analyst bullishness and justifying higher targets. MarketBeat Company Page
Neutral Sentiment: A sector/peer comparison piece contrasts Slide with Exzeo (XZO); useful for relative valuation context but not a direct near-term catalyst. Exzeo vs Slide Analysis
Negative Sentiment: Insider selling: CEO Bruce Lucas sold large blocks (227,500 shares on 3/16 and 98,716 on 3/17), COO Shannon Lucas sold multiple tranches, and director Robert Gries, Jr. sold 28,212 shares — collectively likely weighing on intraday sentiment despite their remaining large holdings. SEC Filing (Bruce Lucas) Director Sale (InsiderTrades)

Hedge Funds Weigh In On Slide Insurance

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. World Investment Advisors purchased a new position in shares of Slide Insurance in the fourth quarter worth about $1,964,000. Caitong International Asset Management Co. Ltd grew its stake in 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 in the last quarter. Invesco Ltd. raised its holdings in Slide Insurance by 35.1% during the 4th quarter. Invesco Ltd. now owns 20,066 shares of the company's stock valued at $391,000 after acquiring an additional 5,212 shares during the period. Vident Advisory LLC purchased a new stake in Slide Insurance during the 4th quarter worth about $859,000. Finally, State of Tennessee Department of Treasury lifted its holdings in shares of Slide Insurance by 29.6% in the fourth quarter. State of Tennessee Department of Treasury now owns 13,479 shares of the company's stock worth $263,000 after buying an additional 3,079 shares in the last quarter.

Analyst Ratings Changes

SLDE has been the topic of several research analyst reports. Piper Sandler boosted their price objective on Slide Insurance from $22.00 to $24.00 and gave the stock an "overweight" rating in a research report on Thursday, February 26th. Keefe, Bruyette & Woods lifted their target price on Slide Insurance from $22.00 to $23.00 and gave the stock an "outperform" rating in a research note on Monday, March 9th. Zacks Research raised shares of Slide Insurance from a "hold" rating to a "strong-buy" rating in a report on Tuesday. Weiss Ratings restated a "hold (c-)" rating on shares of Slide Insurance in a research report on Friday, December 26th. Finally, Barclays raised their price objective on shares of Slide Insurance from $25.00 to $29.00 and gave the stock an "overweight" rating in a report on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Slide Insurance presently has a consensus rating of "Buy" and an average target price of $24.40.

View Our Latest Stock 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.