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American Integrity Insurance Group (NYSE:AII) CEO Sells $84,855.85 in Stock

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Key Points

  • CEO Robert Ritchie sold 3,137 shares of American Integrity Insurance Group at an average price of $27.05, generating approximately $84,856; he still directly owns 1.88 million shares.
  • AII shares recently traded near their 52-week high at $27.40, while the company reported quarterly EPS of $1.78—well above the $0.81 analyst consensus—and revenue of $115.17 million.
  • Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $28.25, although one firm maintains a sell rating.
  • Five stocks we like better than American Integrity Insurance Group.

American Integrity Insurance Group, Inc. (NYSE:AII - Get Free Report) CEO Robert Ritchie sold 3,137 shares of the company's stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $27.05, for a total transaction of $84,855.85. Following the completion of the sale, the chief executive officer directly owned 1,880,860 shares of the company's stock, valued at $50,877,263. The trade was a 0.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

American Integrity Insurance Group Price Performance

Shares of AII traded up $0.28 during mid-day trading on Tuesday, hitting $27.40. The company's stock had a trading volume of 320,337 shares, compared to its average volume of 204,499. The firm has a 50-day moving average price of $25.25 and a 200 day moving average price of $20.80. The stock has a market capitalization of $536.73 million, a price-to-earnings ratio of 6.09 and a beta of 0.02. American Integrity Insurance Group, Inc. has a fifty-two week low of $16.19 and a fifty-two week high of $27.86.

American Integrity Insurance Group (NYSE:AII - Get Free Report) last released its earnings results on Tuesday, August 11th. The company reported $1.78 EPS for the quarter, topping analysts' consensus estimates of $0.81 by $0.97. American Integrity Insurance Group had a net margin of 26.20% and a return on equity of 26.74%. The business had revenue of $115.17 million for the quarter. As a group, equities analysts anticipate that American Integrity Insurance Group, Inc. will post 3.82 EPS for the current fiscal year.

Analyst Ratings Changes

AII has been the subject of a number of recent research reports. Citigroup reiterated an "outperform" rating on shares of American Integrity Insurance Group in a research report on Monday. Zacks Research upgraded American Integrity Insurance Group from a "hold" rating to a "strong-buy" rating in a report on Monday, August 17th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of American Integrity Insurance Group in a research report on Thursday, August 27th. Wall Street Zen raised American Integrity Insurance Group from a "hold" rating to a "buy" rating in a report on Saturday, August 15th. Finally, Piper Sandler increased their price target on American Integrity Insurance Group from $23.00 to $26.00 and gave the company an "overweight" rating in a research report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, American Integrity Insurance Group currently has a consensus rating of "Moderate Buy" and an average target price of $28.25.

Check Out Our Latest Research Report on American Integrity Insurance Group

Institutional Trading of American Integrity Insurance Group

A number of hedge funds have recently modified their holdings of the business. The Manufacturers Life Insurance Company acquired a new stake in shares of American Integrity Insurance Group in the second quarter worth $908,000. BlackRock Inc. purchased a new position in shares of American Integrity Insurance Group during the second quarter valued at $16,723,000. Bank of New York Mellon Corp purchased a new position in shares of American Integrity Insurance Group during the second quarter valued at $945,000. Donald Smith & CO. Inc. acquired a new position in American Integrity Insurance Group during the second quarter valued at $2,192,000. Finally, Freestone Grove Partners LP acquired a new position in American Integrity Insurance Group during the second quarter valued at $9,251,000.

American Integrity Insurance Group News Summary

Here are the key news stories impacting American Integrity Insurance Group this week:

  • Positive Sentiment: Analyst upgrades supported the stock: Keefe, Bruyette & Woods raised its price target from $29 to $31 and kept an “outperform” rating, implying about 13% upside from the referenced price. Keefe, Bruyette & Woods Issues Positive Forecast for American Integrity Insurance Group
  • Positive Sentiment: Citizens JMP increased its target from $26 to $29 and assigned a “market outperform” rating, signaling continued confidence in American Integrity’s earnings and growth outlook. The upgrade was also accompanied by a notable increase in trading volume. American Integrity Insurance Group Sees Large Volume Increase on Analyst Upgrade American Integrity Insurance Group Stock Price Expected to Rise
  • Neutral Sentiment: The positive recommendations come as AII trades near its 52-week high, potentially reflecting strong investor momentum but also leaving less room for error if future results disappoint.
  • Negative Sentiment: CEO Robert Ritchie sold a combined 123,564 shares in transactions from October 9 through October 13 for approximately $3.37 million. The sales reduced his direct holdings by about 6.7%, which may raise concerns about insider confidence or near-term valuation, though he still owns roughly 1.76 million shares.

About American Integrity Insurance Group

(Get Free Report)

American Integrity Insurance Group, Inc is an insurance company focused on residential property coverage in catastrophe-exposed markets. Through its insurance subsidiaries, the company primarily serves homeowners and other residential policyholders, with an emphasis on providing protection against risks such as wind, hurricanes and other property-related losses.

Its product offerings include homeowners insurance and related personal-lines products for owner-occupied residences, condominium unit owners, renters and other residential properties.

See Also

Insider Buying and Selling by Quarter for American Integrity Insurance Group (NYSE:AII)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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