Slide Insurance (NASDAQ:SLDE) Upgraded to "Hold" at Wall Street Zen

Slide Insurance (NASDAQ:SLDE - Get Free Report) was upgraded by research analysts at Wall Street Zen to a "hold" rating in a research report issued to clients and investors on Saturday.

Slide Insurance Stock Performance

SLDE stock opened at $20.79 on Friday. Slide Insurance has a fifty-two week low of $19.11 and a fifty-two week high of $25.90.

Insider Activity

In related news, Director Beth Witte Bruce sold 31,029 shares of the stock in a transaction that occurred on Monday, June 23rd. The shares were sold at an average price of $15.81, for a total value of $490,568.49. Following the transaction, the director directly owned 251,645 shares in the company, valued at $3,978,507.45. This represents a 10.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Robert Gries, Jr. sold 358,457 shares of the firm's stock in a transaction on Friday, June 20th. The stock was sold at an average price of $15.81, for a total value of $5,667,205.17. Following the completion of the transaction, the director owned 2,031,265 shares in the company, valued at $32,114,299.65. This represents a 15.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 427,482 shares of company stock valued at $6,758,490.

Slide Insurance Company Profile

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”).

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