Palomar Holdings Inc’s recent filing unveils that its Officer Carter, Timothy acquired Company’s shares for reported $0.12 million on Jun 27 ’25. In the deal valued at $155.71 per share,787 shares were bought.
Then, Armstrong Mac sold 5,000 shares, generating $790,694 in total proceeds. Upon selling the shares at $158.14, the CEO and Chairman now owns 387,388 shares.
Before that, ARMSTRONG FAMILY TRUST U/A DTD bought 5,000 shares. Palomar Holdings Inc shares valued at $778,350 were divested by the Director at a price of $155.67 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 Tuesday, Palomar Holdings Inc [NASDAQ:PLMR] saw its stock fall -3.54% to $148.79. Over the last five days, the stock has lost -7.02%. Palomar Holdings Inc shares have risen nearly 83.06% since the year began. Nevertheless, the stocks have risen 40.91% over the past one year. While a 52-week high of $175.85 was reached on 06/03/25, a 52-week low of $79.82 was recorded on 01/10/25.
Levels Of Support And Resistance For PLMR Stock
The 24-hour chart illustrates a support level at 146.06, which if violated will result in even more drops to 143.32. On the upside, there is a resistance level at 154.04. A further resistance level may holdings at 159.28.
How much short interest is there in Palomar Holdings Inc?
A steep rise in short interest was recorded in Palomar Holdings Inc stocks on 2025-06-13, dropping by 22555.0 shares to a total of 0.51 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 0.53 million shares. There was a decline of -4.45%, which implies that there is a negative sentiment for the stock.
