Palomar Holdings Inc’s filing revealed that its CEO and Chairman Armstrong Mac unloaded Company’s shares for reported $0.81 million on May 21 ’25. In the deal valued at $161.96 per share,5,000 shares were sold. As a result of this transaction, Armstrong Mac now holds 392,388 shares worth roughly $67.28 million.
Then, Uchida T Christopher sold 500 shares, generating $79,885 in total proceeds. Upon selling the shares at $159.77, the Chief Financial Officer now owns 7,920 shares.
Before that, CHRISTOPHER UCHIDA bought 2,000 shares. Palomar Holdings Inc shares valued at $318,180 were divested by the Officer at a price of $159.09 per share.
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 Friday, Palomar Holdings Inc [NASDAQ:PLMR] saw its stock jump 4.60% to $171.47. Over the last five days, the stock has gained 6.62%. Palomar Holdings Inc shares have risen nearly 62.39% since the year began. Nevertheless, the stocks have risen 111.25% over the past one year. While a 52-week high of $165.00 was reached on 05/30/25, a 52-week low of $77.28 was recorded on 01/10/25. SMA at 50 days reached $149.07, while 200 days put it at $116.14.
Levels Of Support And Resistance For PLMR Stock
The 24-hour chart illustrates a support level at 166.95, which if violated will result in even more drops to 162.43. On the upside, there is a resistance level at 174.18. A further resistance level may holdings at 176.89. The Relative Strength Index (RSI) on the 14-day chart is 72.84, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.23, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 4.22%. Stochastics %K at 89.97% indicates the stock is a selling.
