American Coastal Insurance Corp’s filing revealed that its Chief Operating Officer Griffith Christopher unloaded Company’s shares for reported $1.95 million on Jun 05 ’25. In the deal valued at $10.99 per share,177,084 shares were sold. As a result of this transaction, Griffith Christopher now holds 121,431 shares worth roughly $1.3 million.
Then, Griffith Christopher sold 10,000 shares, generating $117,800 in total proceeds. Upon selling the shares at $11.78, the Chief Operating Officer now owns 188,210 shares.
Before that, HUDSON SHERRILL W bought 10,000 shares. American Coastal Insurance Corp shares valued at $110,000 were divested by the Director at a price of $11.00 per share. As a result of the transaction, HUDSON SHERRILL W now holds 198,403 shares, worth roughly $2.13 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 fall -1.65% to $10.74. Over the last five days, the stock has lost -10.20%. American Coastal Insurance Corp shares have fallen nearly -17.13% since the year began. Nevertheless, the stocks have fallen -1.64% over the past one year.
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.
