American Coastal Insurance Corp’s filing revealed that its Director HUDSON SHERRILL W acquired Company’s shares for reported $0.11 million on May 15 ’25. In the deal valued at $11.00 per share,10,000 shares were bought. As a result of this transaction, HUDSON SHERRILL W now holds 198,403 shares worth roughly $2.37 million.
Then, MARTZ BRAD sold 50,000 shares, generating $602,400 in total proceeds. Upon selling the shares at $12.05, the President now owns 278,891 shares.
Before that, Griffith Christopher sold 19,836 shares. American Coastal Insurance Corp shares valued at $234,554 were divested by the Chief Operating Officer at a price of $11.82 per share. As a result of the transaction, Griffith Christopher now holds 124,656 shares, worth roughly $1.49 million.
Raymond James initiated its American Coastal Insurance Corp [ACIC] rating to an Outperform in a research note published on January 17, 2024; the price target was $15. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in early August from “an Outperform” to “a Mkt perform”. Wells Fargo also remained covering ACIC and has decreased its forecast on January 06, 2020 with a “an Underweight” recommendation from previously “an Equal weight” rating. Wells Fargo revised its rating on May 08, 2019. It rated ACIC as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of ACIC
On Tuesday, American Coastal Insurance Corp [NASDAQ:ACIC] saw its stock jump 6.03% to $11.96. Over the last five days, the stock has gained 10.54%. American Coastal Insurance Corp shares have fallen nearly -7.72% since the year began. Nevertheless, the stocks have risen 3.51% over the past one year. While a 52-week high of $14.52 was reached on 02/19/25, a 52-week low of $8.49 was recorded on 04/07/25. SMA at 50 days reached $11.21, while 200 days put it at $11.89.
Levels Of Support And Resistance For ACIC Stock
The 24-hour chart illustrates a support level at 11.51, which if violated will result in even more drops to 11.06. On the upside, there is a resistance level at 12.21. A further resistance level may holdings at 12.46. The Relative Strength Index (RSI) on the 14-day chart is 64.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 3.47%. Stochastics %K at 72.61% indicates the stock is a holding.
How much short interest is there in American Coastal Insurance Corp?
A steep rise in short interest was recorded in American Coastal Insurance Corp stocks on 2025-05-15, dropping by 49249.0 shares to a total of 0.77 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 0.82 million shares. There was a decline of -6.39%, which implies that there is a negative sentiment for the stock.
