The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Palomar Holdings Inc shares valued at $490,042 were sold by Armstrong Mac on Apr 15 ’25. At $153.04 per share, Armstrong Mac sold 3,202 shares. The insider’s holdings dropped to 70,186 shares worth approximately $10.51 million following the completion of this transaction.
Also, Uchida T Christopher sold 500 shares, netting a total of over 76,520 in proceeds. Following the sale of shares at $153.04 each, the insider now holds 7,672 shares.
Before that, Armstrong, Mac had added 3,500 shares to its account. In a trade valued at $500,465, the Officer bought Palomar Holdings Inc shares for $142.99 each.
As published in a research note from JP Morgan on April 08, 2025, Palomar Holdings Inc [PLMR] has been rated up from a Neutral to an Overweight and the price target has been revised to $150. Analysts at JP Morgan downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in early April. As of March 14, 2024, Jefferies has increased its “Hold” rating to a “Buy” for PLMR. Earlier on May 16, 2023, Keefe Bruyette upgraded its rating. Their new recommendation was “an Outperform” for PLMR stock which previously was a “a Mkt perform”.
Analyzing PLMR Stock Performance
During the last five days, there has been a surge of approximately 4.76%. Over the course of the year, Palomar Holdings Inc shares have jumped approximately 41.86%. Shares of the company reached a 52-week high of $155.87 on 04/15/25 and a 52-week low of $98.42 on 01/10/25. A 50-day SMA is recorded $130.35, while a 200-day SMA reached $106.35.
Support And Resistance Levels for Palomar Holdings Inc (PLMR)
According to the 24-hour chart, there is a support level at 148.43, which, if violated, would cause prices to drop to 147.07. In the upper region, resistance lies at 151.50. The next price resistance is at 153.21. RSI (Relative Strength Index) is 64.46 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 9.10, which suggests the price will increase in the coming days. Percent R is at 18.07%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
