In a filing, American Coastal Insurance Corp revealed its Director DAVIS KERN MICHAEL acquired Company’s shares for reported $10452.0 on Jun 26 ’25. In the deal valued at $10.45 per share,1,000 shares were bought. As a result of this transaction, DAVIS KERN MICHAEL now holds 299,564 shares worth roughly $3.3 million.
Then, Griffith Christopher sold 177,084 shares, generating $1,946,800 in total proceeds. Upon selling the shares at $10.99, the Chief Operating Officer now owns 121,431 shares.
Before that, Griffith Christopher sold 10,000 shares. American Coastal Insurance Corp shares valued at $117,800 were divested by the Chief Operating Officer at a price of $11.78 per share. As a result of the transaction, Griffith Christopher now holds 188,210 shares, worth roughly $2.07 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 -1.08% to $11.0. Over the last five days, the stock has gained 4.46%. American Coastal Insurance Corp shares have risen nearly 8.39% since the year began. Nevertheless, the stocks have fallen -15.12% 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 06/18/25.
Levels Of Support And Resistance For ACIC Stock
The 24-hour chart illustrates a support level at 10.85, which if violated will result in even more drops to 10.70. On the upside, there is a resistance level at 11.19. A further resistance level may holdings at 11.38.
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 2025-06-13, dropping by 47598.0 shares to a total of 0.72 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 0.77 million shares. There was a decline of -6.59%, which implies that there is a negative sentiment for the stock.
