Insider Selling: Slide Insurance (NASDAQ:SLDE) CRO Sells 18,723 Shares of Stock

May 2, 2026 by InsiderTrades.com

Key Points

CRO Charles William Powell sold 18,723 shares at an average price of $20.03 for $375,021.69, cutting his stake by about 90% to 2,080 shares.
Slide beat Q1 estimates with $1.02 EPS versus $0.82 expected and $389.3M revenue, and the board authorized a $100 million share repurchase (≈4.3% of shares).
Mixed market signals: institutional buying and a consensus "Moderate Buy" with a $24.80 target contrast with heavy insider selling by other executives (CEO and COO), which could create near‑term selling pressure.

Slide Insurance Holdings, Inc. (NASDAQ:SLDE - Get Free Report) CRO Charles William Powell sold 18,723 shares of the firm's stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $20.03, for a total transaction of $375,021.69. Following the transaction, the executive owned 2,080 shares of the company's stock, valued at $41,662.40. This trade represents a 90.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Slide Insurance Stock Performance

NASDAQ:SLDE opened at $18.60 on Friday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.03. The firm has a 50-day moving average price of $18.19 and a two-hundred day moving average price of $17.39. Slide Insurance Holdings, Inc. has a twelve month low of $12.53 and a twelve month high of $25.90. The company has a market capitalization of $2.13 billion and a P/E ratio of 5.17.

Slide Insurance (NASDAQ:SLDE - Get Free Report) last posted its earnings results on Tuesday, April 28th. The company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.20. Slide Insurance had a net margin of 38.86% and a return on equity of 50.01%. The firm had revenue of $389.28 million during the quarter. As a group, research analysts expect that Slide Insurance Holdings, Inc. will post 3.36 earnings per share for the current fiscal year.

Slide Insurance declared that its board has authorized a stock buyback plan on Tuesday, April 28th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the company to repurchase up to 4.3% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on SLDE shares. Zacks Research downgraded shares of Slide Insurance from a "strong-buy" rating to a "hold" rating in a report on Monday, April 27th. Piper Sandler raised their target price on shares of Slide Insurance from $22.00 to $24.00 and gave the company an "overweight" rating in a report on Thursday, February 26th. Wall Street Zen downgraded shares of Slide Insurance from a "buy" rating to a "hold" rating in a report on Saturday, April 11th. Barclays raised their target price on shares of Slide Insurance from $29.00 to $31.00 and gave the company an "overweight" rating in a report on Wednesday. Finally, Texas Capital upgraded shares of Slide Insurance to a "strong-buy" rating in a report on Wednesday, March 18th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $24.80.

View Our Latest Research Report on SLDE

Institutional Investors Weigh In On Slide Insurance

A number of hedge funds and other institutional investors have recently modified their holdings of the company. 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 worth $70,767,000 after buying an additional 1,483,180 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Slide Insurance by 14.7% during the fourth quarter. Vanguard Group Inc. now owns 2,761,819 shares of the company's stock worth $53,800,000 after buying an additional 354,321 shares in the last quarter. Balyasny Asset Management L.P. grew its holdings in shares of Slide Insurance by 27.6% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,758,215 shares of the company's stock worth $34,250,000 after buying an additional 380,161 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Slide Insurance during the second quarter worth about $33,063,000. Finally, Freestone Grove Partners LP grew its holdings in shares of Slide Insurance by 50.3% during the fourth quarter. Freestone Grove Partners LP now owns 986,543 shares of the company's stock worth $19,218,000 after buying an additional 330,165 shares in the last quarter.

Slide Insurance News Summary

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

Positive Sentiment: Q1 beat: Slide reported $1.02 EPS vs. $0.82 expected and $389.3M revenue, showing strong premium growth and improved profitability — a clear operational upside supporting the stock. Earnings Call Transcript
Positive Sentiment: Board authorized a $100M share repurchase program (≈4.3% of shares), a shareholder-friendly move that can boost EPS and signal management confidence. Repurchase Announcement
Positive Sentiment: 2026 growth/guidance: Slide expects $1.85B–$1.95B in gross written premiums for 2026 and is arranging a ~ $3.5B first-event reinsurance tower — signals scale ambition and risk management as it grows. Guidance / Reinsurance
Positive Sentiment: Institutional buying and new positions (including notable investors adding shares) suggest growing institutional conviction that could support demand. Institutional Interest
Neutral Sentiment: Earnings call transcripts and management commentary are available for deeper diligence; the call provides color on reserve assumptions and reinsurance plans but no new surprise items. Earnings Call (Fool)
Negative Sentiment: Heavy insider selling: CEO Bruce Lucas, COO Shannon Lucas and other insiders executed multiple large sales across late April (hundreds of thousands of shares across several tranches). Repeated, sizable disposals can create near-term selling pressure and raise investor caution. Bruce Lucas Sale
Negative Sentiment: Analyst momentum: Zacks downgraded SLDE from “strong-buy” to “hold,” which may prompt short-term selling by momentum-driven funds despite the earnings beat. Zacks Downgrade

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.