Palomar Holdings Inc’s recent filing unveils that its CEO and Chairman Armstrong Mac unloaded Company’s shares for reported $0.7 million on Jul 21 ’25. In the deal valued at $140.10 per share,5,000 shares were sold. As a result of this transaction, Armstrong Mac now holds 382,388 shares worth roughly $52.69 million.
Then, ARMSTRONG FAMILY TRUST U/A DTD bought 5,000 shares, generating $697,800 in total proceeds.
Before that, Uchida T Christopher sold 500 shares. Palomar Holdings Inc shares valued at $71,550 were divested by the Chief Financial Officer at a price of $143.10 per share. As a result of the transaction, Uchida T Christopher now holds 6,920 shares, worth roughly $0.95 million.
JP Morgan upgraded its Palomar Holdings Inc [PLMR] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in early April from “an Overweight” to “a Neutral”. Jefferies also remained covering PLMR and has increased its forecast on March 14, 2024 with a “Buy” recommendation from previously “Hold” rating. Keefe Bruyette revised its rating on May 16, 2023. It rated PLMR as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of PLMR
On Tuesday, Palomar Holdings Inc [NASDAQ:PLMR] saw its stock fall -1.47% to $137.8. Over the last five days, the stock has lost -2.88%. Palomar Holdings Inc shares have risen nearly 52.53% since the year began. Nevertheless, the stocks have risen 30.50% over the past one year. While a 52-week high of $175.85 was reached on 06/03/25, a 52-week low of $82.54 was recorded on 01/10/25.
Levels Of Support And Resistance For PLMR Stock
The 24-hour chart illustrates a support level at 135.97, which if violated will result in even more drops to 134.13. On the upside, there is a resistance level at 140.27. A further resistance level may holdings at 142.74.
How much short interest is there in Palomar Holdings Inc?
A steep rise in short interest was recorded in Palomar Holdings Inc stocks on 2025-06-30, growing by 66076.0 shares to a total of 0.6 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-30 was 0.53 million shares. There was a rise of 11.06%, which implies that there is a positive sentiment for the stock.
