Key Points
- CFO James Steiner purchased 119,050 shares on October 2 at $20.00 per share for $2.381M, boosting his direct holding to 4,384,715 shares valued at about $87.69M (a 2.79% increase).
- NP recently traded at $24.60 with a market cap of $3.4B, a 52‑week range of $22.30–$33.23, and a negative P/E of -15.00, reflecting mixed profitability (negative net margin but positive ROE).
- Institutional ownership is high at 93.37%, and Wall Street sentiment is mixed — the consensus rating is Hold with an average price target of $27.88 amid varied analyst coverage.
Neptune Insurance Holdings Inc. (NYSE:NP - Get Free Report) Director Jonathan Winant Carlon acquired 5,000 shares of the stock in a transaction that occurred on Thursday, October 2nd. The stock was purchased at an average price of $20.00 per share, for a total transaction of $100,000.00. Following the completion of the transaction, the director owned 653,500 shares in the company, valued at $13,070,000. The trade was a 0.77% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.
Neptune Insurance Stock Performance
Neptune Insurance stock traded down $0.27 during trading hours on Friday, reaching $24.60. 123,783 shares of the stock were exchanged, compared to its average volume of 449,618. Neptune Insurance Holdings Inc. has a 52-week low of $22.30 and a 52-week high of $33.23. The stock has a market cap of $3.40 billion, a P/E ratio of -15.00 and a beta of 1.46. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.22 and a current ratio of 2.01. The firm's 50 day moving average is $28.37 and its 200 day moving average is $30.74.
Neptune Insurance (NYSE:NP - Get Free Report) last issued its quarterly earnings results on Wednesday, November 12th. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by ($0.01). The firm had revenue of $44.37 million for the quarter, compared to analyst estimates of $42.58 million. Neptune Insurance had a positive return on equity of 11.06% and a negative net margin of 2.53%. Neptune Insurance has set its FY 2026 guidance at EPS.
Hedge Funds Weigh In On Neptune Insurance
A hedge fund recently bought a new stake in Neptune Insurance stock. Emerald Mutual Fund Advisers Trust purchased a new stake in Neptune Insurance Holdings Inc. (NYSE:NP - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 24,761 shares of the company's stock, valued at approximately $792,000. 93.37% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
NP has been the topic of a number of analyst reports. TD Cowen began coverage on Neptune Insurance in a research note on Monday, October 27th. They issued a "buy" rating and a $32.00 price target on the stock. Deutsche Bank Aktiengesellschaft started coverage on shares of Neptune Insurance in a research report on Monday, October 27th. They set a "buy" rating and a $29.00 target price on the stock. Wall Street Zen upgraded shares of Neptune Insurance to a "hold" rating in a report on Saturday, October 11th. Morgan Stanley began coverage on shares of Neptune Insurance in a report on Monday, October 27th. They set an "equal weight" rating and a $26.00 price objective on the stock. Finally, BMO Capital Markets initiated coverage on shares of Neptune Insurance in a research report on Monday, October 27th. They set a "market perform" rating and a $25.00 target price on the stock. Seven equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $27.88.
Check Out Our Latest Stock Analysis on Neptune Insurance
Neptune Insurance Company Profile
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Our mission is to create a smarter, more resilient insurance platform powered by AI, data science, and technology, enabling insurers to deploy capacity with confidence and delivering instant access to coverage for policyholders and agents. Neptune is a leading, high-growth, highly profitable, data-driven managing general agent that is revolutionizing the way homeowners and businesses protect against the growing risks of flooding.
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