The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Palomar Holdings Inc shares valued at $72,676 were sold by Carter Timothy on Jun 28 ’25. At $153.65 per share, Carter Timothy sold 473 shares. The insider’s holdings dropped to 361 shares worth approximately $53290.82 following the completion of this transaction.
Also, Carter, Timothy purchased 787 shares, netting a total of over 122,543 in proceeds.
Before that, Armstrong Mac had sold 5,000 shares from its account. In a trade valued at $790,694, the CEO and Chairman traded Palomar Holdings Inc shares for $158.14 each. Upon closing the transaction, the insider’s holdings decreased to 5,000 shares, worth approximately $57.19 million.
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
On last trading session, Palomar Holdings Inc [NASDAQ: PLMR] rose 2.76% to $147.62. The stock’s lowest price that day was $142.1956, but it reached a high of $148.055 in the same session. During the last five days, there has been a drop of approximately -3.94%. Over the course of the year, Palomar Holdings Inc shares have jumped approximately 77.43%. Shares of the company reached a 52-week high of $175.85 on 06/03/25 and a 52-week low of $98.42 on 01/10/25.
Support And Resistance Levels for Palomar Holdings Inc (PLMR)
According to the 24-hour chart, there is a support level at 143.86, which, if violated, would cause prices to drop to 140.10. In the upper region, resistance lies at 149.72. The next price resistance is at 151.82. RSI (Relative Strength Index) is 39.21 on the 14-day chart, showing neutral technical sentiment.
Is Palomar Holdings Inc subject to short interest?
Stocks of Palomar Holdings Inc saw a sharp steep in short interest on 2025-06-13 dropping by 22555.0 shares to 0.51 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 0.53 million shares. A decline of -4.45% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 1.82 of the overall float, the days-to-cover ratio (short ratio) decline to 1.82.
Which companies own the most shares of Palomar Holdings Inc (PLMR)?
In terms of Palomar Holdings Inc share price expectations, FactSet research, analysts set an average price target of 94.5 in the next 12 months, down nearly -34.22% from the previous closing price of $143.65. Analysts anticipate Palomar Holdings Inc stock to reach 119 by 2025, with the lowest price target being 88. In spite of this, 3 analysts ranked Palomar Holdings Inc stock as Buy at the end of 2025. On January 10, 2023, Evercore ISI assigned a price target of “an In-line” to the stock and downgraded coverage with a $52.
