Steven Smathers Sells 171,800 Shares of American Integrity Insurance Group (NYSE:AII) Stock

Key Points

  • Director Steven Smathers sold 171,800 shares of American Integrity (NYSE:AII) on Nov. 21 at an average price of $19.00 for $3.264M, leaving him with 173,414 shares — a 49.77% reduction in his holding.
  • AII traded at $19.74 (up $0.47) on volume of 500,558 versus an average of 212,029; the company has a market cap of $386.4M, a P/E of 4.39, and a 52‑week range of $15.77–$26.36.
  • American Integrity beat quarterly EPS estimates ($0.71 vs. $0.61) with strong margins and ROE, and analysts hold a consensus "Moderate Buy" rating with an average price target of $26.80 (7 Buys, 1 Hold, 1 Sell).

American Integrity Insurance Group, Inc. (NYSE:AII - Get Free Report) Director Steven Smathers sold 171,800 shares of the firm's stock in a transaction on Friday, November 21st. The shares were sold at an average price of $19.00, for a total transaction of $3,264,200.00. Following the completion of the transaction, the director directly owned 173,414 shares in the company, valued at approximately $3,294,866. This represents a 49.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

American Integrity Insurance Group Stock Performance

American Integrity Insurance Group stock traded up $0.47 during trading on Friday, reaching $19.74. 500,558 shares of the company's stock were exchanged, compared to its average volume of 212,029. American Integrity Insurance Group, Inc. has a 52-week low of $15.77 and a 52-week high of $26.36. The company has a market cap of $386.37 million and a price-to-earnings ratio of 4.39. The business's 50-day simple moving average is $22.96.

American Integrity Insurance Group (NYSE:AII - Get Free Report) last released its quarterly earnings data on Wednesday, November 12th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.61 by $0.10. American Integrity Insurance Group had a return on equity of 37.99% and a net margin of 31.63%.The company had revenue of $62.03 million for the quarter.

Institutional Investors Weigh In On American Integrity Insurance Group




A number of institutional investors have recently modified their holdings of the stock. Strs Ohio bought a new position in shares of American Integrity Insurance Group during the third quarter worth about $33,000. FNY Investment Advisers LLC acquired a new stake in American Integrity Insurance Group during the second quarter valued at approximately $45,000. JPMorgan Chase & Co. bought a new position in American Integrity Insurance Group during the 3rd quarter worth approximately $72,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in American Integrity Insurance Group during the 3rd quarter worth approximately $83,000. Finally, Raymond James Financial Inc. acquired a new position in shares of American Integrity Insurance Group in the 2nd quarter worth approximately $101,000.

Analyst Ratings Changes

Several equities analysts recently commented on AII shares. Piper Sandler boosted their price target on American Integrity Insurance Group from $22.00 to $27.00 and gave the stock an "overweight" rating in a research report on Monday, October 6th. Citizens Jmp lifted their price objective on shares of American Integrity Insurance Group from $26.00 to $28.00 and gave the company a "market outperform" rating in a research note on Monday, November 17th. Weiss Ratings reissued a "sell (e+)" rating on shares of American Integrity Insurance Group in a research report on Wednesday, October 8th. Raymond James Financial reaffirmed an "outperform" rating and set a $24.00 price target (up from $22.00) on shares of American Integrity Insurance Group in a report on Monday, September 22nd. Finally, Citigroup reaffirmed an "outperform" rating on shares of American Integrity Insurance Group in a research note on Tuesday, October 14th. Seven analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, American Integrity Insurance Group presently has a consensus rating of "Moderate Buy" and an average price target of $26.80.

View Our Latest Research Report on AII

About American Integrity Insurance Group

(Get Free Report)

We are a profitable and growing insurance group headquartered in Tampa, Florida. Through our insurance carrier subsidiary, American Integrity Insurance Company of Florida, Inc (“AIICFL”), we provide personal residential property insurance for single-family homeowners and condominium owners as well as coverage for vacant dwellings and investment properties, predominantly in Florida.

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