Key Points
- CEO Bruce Lucas sold 135,376 shares on March 30 at $18.09 for $2,448,951.84; he still directly owns 38,522,405 shares (~$696.9M), a ~0.35% reduction in his stake.
- Lucas executed multiple sales across late March–early April totaling roughly 391,155 shares (~$7.08M), and other insiders (COO Shannon Lucas, Matthew Larson) also sold — a clustered insider-selling pattern that may create near-term selling pressure.
- Slide trades near $18 with a $2.24B market cap and P/E of 6.98, recently beat quarterly EPS estimates ($1.23 vs. $0.87), carries a consensus "Buy" rating with a $24.40 price target, and has Q1 earnings due April 28 as a near-term catalyst.
Slide Insurance Holdings, Inc. (NASDAQ:SLDE - Get Free Report) COO Shannon Lucas sold 868 shares of the business's stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $18.01, for a total transaction of $15,632.68. Following the sale, the chief operating officer directly owned 1,490,929 shares of the company's stock, valued at approximately $26,851,631.29. This trade represents a 0.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through 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 shares were sold at an average price of $18.09, for a total transaction of $242,207.01.
- On Tuesday, March 31st, Shannon Lucas sold 24,429 shares of Slide Insurance stock. The stock was sold at an average price of $18.10, for a total transaction of $442,164.90.
- On Tuesday, March 17th, Shannon Lucas sold 9,763 shares of Slide Insurance stock. The shares were sold at an average price of $18.44, for a total transaction of $180,029.72.
- On Monday, March 16th, Shannon Lucas sold 22,500 shares of Slide Insurance stock. The shares were 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 stock was 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 shares were 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 Stock Up 0.6%
SLDE stock opened at $18.00 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.34 and a quick ratio of 1.34. The stock has a market capitalization of $2.24 billion and a P/E ratio of 6.98. Slide Insurance Holdings, Inc. has a fifty-two week low of $12.53 and a fifty-two week high of $25.90. The business has a 50-day moving average of $17.53 and a 200-day moving average of $16.91.
Slide Insurance (NASDAQ:SLDE - Get Free Report) last announced its earnings results on Tuesday, February 24th. The company reported $1.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.87 by $0.36. The firm had revenue of $347.01 million during the quarter.
Institutional Trading of Slide Insurance
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Capital World Investors lifted its stake in Slide Insurance by 49.4% in the third quarter. Capital World Investors now owns 4,483,180 shares of the company's stock valued at $70,767,000 after acquiring an additional 1,483,180 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Slide Insurance by 14.7% during the 4th quarter. Vanguard Group Inc. now owns 2,761,819 shares of the company's stock worth $53,800,000 after purchasing an additional 354,321 shares during the last quarter. Balyasny Asset Management L.P. increased its stake in shares of Slide Insurance by 27.6% during the 4th quarter. Balyasny Asset Management L.P. now owns 1,758,215 shares of the company's stock worth $34,250,000 after purchasing an additional 380,161 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Slide Insurance in the 2nd quarter valued at about $33,063,000. Finally, Hood River Capital Management LLC acquired a new stake in Slide Insurance in the 2nd quarter valued at about $31,542,000.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on the stock. Barclays increased their target price 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. Weiss Ratings reissued a "hold (c-)" rating on shares of Slide Insurance in a research report on Friday, December 26th. Keefe, Bruyette & Woods increased their price objective on shares of Slide Insurance from $22.00 to $23.00 and gave the stock an "outperform" rating in a research note on Monday, March 9th. Piper Sandler raised their price objective on Slide Insurance from $22.00 to $24.00 and gave the company an "overweight" rating in a report on Thursday, February 26th. Finally, Zacks Research upgraded Slide Insurance from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 17th. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $24.40.
Check Out Our Latest Stock Report 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
Slide Insurance Company Profile
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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.
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