Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Palomar Holdings Inc shares valued at $809,800 were sold by Armstrong Mac on May 21 ’25. At $161.96 per share, Armstrong Mac sold 5,000 shares. The insider’s holdings dropped to 392,388 shares worth approximately $63.39 million following the completion of this transaction.
Also, Uchida T Christopher sold 500 shares, netting a total of over 79,885 in proceeds. Following the sale of shares at $159.77 each, the insider now holds 7,920 shares.
Before that, CHRISTOPHER UCHIDA had added 2,000 shares to its account. In a trade valued at $318,180, the Officer bought Palomar Holdings Inc shares for $159.09 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 3.47%. Over the course of the year, Palomar Holdings Inc shares have jumped approximately 52.99%. A 50-day SMA is recorded $145.04, while a 200-day SMA reached $113.95.
Support And Resistance Levels for Palomar Holdings Inc (PLMR)
RSI (Relative Strength Index) is 64.38 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.06, which suggests the price will increase in the coming days. Percent R is at 16.52%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
