Neptune Insurance (NYSE:NP) Director Acquires $100,000.00 in Stock

Neptune Insurance Holdings Inc. (NYSE:NP) Director Jonathan Winant Carlon bought 5,000 shares of the firm’s stock in a transaction on Thursday, October 2nd. The stock was purchased at an average price of $20.00 per share, with a total value of $100,000.00. Following the transaction, the director owned 653,500 shares in the company, valued at $13,070,000. The trade was a 0.77% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

Neptune Insurance Price Performance

Shares of NYSE:NP opened at $24.60 on Monday. The firm’s 50 day moving average is $28.37 and its two-hundred day moving average is $30.72. The firm has a market capitalization of $3.40 billion, a P/E ratio of -15.00 and a beta of 1.46. The company has a current ratio of 2.01, a quick ratio of 1.22 and a debt-to-equity ratio of 1.55. Neptune Insurance Holdings Inc. has a 52 week low of $22.30 and a 52 week high of $33.23.

Neptune Insurance (NYSE:NP) last issued its quarterly earnings data on Wednesday, November 12th. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.01). Neptune Insurance had a positive return on equity of 11.06% and a negative net margin of 2.53%.The business had revenue of $44.37 million during the quarter, compared to the consensus estimate of $42.58 million. Neptune Insurance has set its FY 2026 guidance at EPS.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Neptune Insurance stock. Emerald Mutual Fund Advisers Trust purchased a new stake in Neptune Insurance Holdings Inc. (NYSE:NP) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 24,761 shares of the company’s stock, valued at approximately $792,000. 93.37% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on NP shares. Bank of America raised their price target on Neptune Insurance from $21.00 to $22.50 and gave the company an “underperform” rating in a report on Thursday. Keefe, Bruyette & Woods started coverage on shares of Neptune Insurance in a research report on Monday, October 27th. They issued a “market perform” rating and a $26.00 target price for the company. Raymond James Financial began coverage on shares of Neptune Insurance in a research report on Monday, October 27th. They issued an “outperform” rating and a $30.00 target price for the company. Evercore ISI began coverage on shares of Neptune Insurance in a research note on Monday, October 27th. They set an “outperform” rating and a $35.00 target price on the stock. Finally, Cowen initiated coverage on shares of Neptune Insurance in a research note on Monday, October 27th. They issued a “buy” rating for the company. Seven analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $27.88.

About Neptune Insurance

Our mission is to create a smarter, more resilient insurance platform powered by AI, data science, and technology, enabling insurers to deploy capacity with confidence and delivering instant access to coverage for policyholders and agents. Neptune is a leading, high-growth, highly profitable, data-driven managing general agent that is revolutionizing the way homeowners and businesses protect against the growing risks of flooding.