Slide Insurance (NASDAQ:SLDE) COO Shannon Lucas Sells 15,251 Shares of Stock

Posted by Linda Flegge on Apr 30th, 2026

Slide Insurance Holdings, Inc. (NASDAQ:SLDE – Get Free Report) COO Shannon Lucas sold 15,251 shares of the company’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $18.94, for a total transaction of $288,853.94. Following the completion of the transaction, the chief operating officer owned 1,342,147 shares of the company’s stock, valued at approximately $25,420,264.18. The trade was a 1.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Shannon Lucas also recently made the following trade(s):

On Wednesday, April 29th, Shannon Lucas sold 18,917 shares of Slide Insurance stock. The shares were sold at an average price of $19.24, for a total transaction of $363,963.08.
On Monday, April 27th, Shannon Lucas sold 13,500 shares of Slide Insurance stock. The shares were sold at an average price of $18.75, for a total transaction of $253,125.00.
On Monday, April 20th, Shannon Lucas sold 11,676 shares of Slide Insurance stock. The shares were sold at an average price of $19.55, for a total transaction of $228,265.80.
On Tuesday, April 14th, Shannon Lucas sold 18,874 shares of Slide Insurance stock. The stock was sold at an average price of $18.04, for a total transaction of $340,486.96.
On Monday, April 13th, Shannon Lucas sold 25,621 shares of Slide Insurance stock. The stock was sold at an average price of $18.05, for a total transaction of $462,459.05.
On Thursday, April 9th, Shannon Lucas sold 27,069 shares of Slide Insurance stock. The stock was sold at an average price of $18.11, for a total transaction of $490,219.59.
On Wednesday, April 8th, Shannon Lucas sold 12,008 shares of Slide Insurance stock. The stock was sold at an average price of $18.01, for a total transaction of $216,264.08.
On Tuesday, April 7th, Shannon Lucas sold 11,283 shares of Slide Insurance stock. The stock was sold at an average price of $18.00, for a total transaction of $203,094.00.
On Monday, April 6th, Shannon Lucas sold 13,500 shares of Slide Insurance stock. The stock was sold at an average price of $18.09, for a total transaction of $244,215.00.
On Monday, March 30th, Shannon Lucas sold 13,389 shares of Slide Insurance stock. The stock was sold at an average price of $18.09, for a total transaction of $242,207.01.

Slide Insurance Stock Performance

Shares of SLDE opened at $18.41 on Thursday. The company’s 50 day simple moving average is $18.16 and its 200-day simple moving average is $17.38. Slide Insurance Holdings, Inc. has a 12-month low of $12.53 and a 12-month high of $25.90. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.03. The firm has a market cap of $2.29 billion and a PE ratio of 5.11.

Slide Insurance (NASDAQ:SLDE – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $1.02 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.20. The firm had revenue of $389.28 million during the quarter. As a group, equities analysts predict that Slide Insurance Holdings, Inc. will post 3.26 EPS for the current year.

Slide Insurance declared that its board has authorized a share repurchase plan on Tuesday, April 28th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to repurchase up to 4.3% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Texas Capital upgraded shares of Slide Insurance to a “strong-buy” rating in a research report on Wednesday, March 18th. Zacks Research lowered shares of Slide Insurance from a “strong-buy” rating to a “hold” rating in a research report on Monday. Barclays boosted their target price on shares of Slide Insurance from $29.00 to $31.00 and gave the stock an “overweight” rating in a research report on Wednesday. Keefe, Bruyette & Woods boosted their target price on shares of Slide Insurance from $22.00 to $23.00 and gave the stock an “outperform” rating in a research report on Monday, March 9th. Finally, Wall Street Zen lowered shares of Slide Insurance from a “buy” rating to a “hold” rating in a research report on Saturday, April 11th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $24.80.

View Our Latest Stock Report on SLDE

Slide Insurance News Roundup

Here are the key news stories impacting Slide Insurance this week:

Positive Sentiment: Slide beat Q1 expectations: $1.02 EPS vs. $0.82 expected, revenue of $389.3M, gross premiums written +49.1% YoY, net income +50.8% and a 55.5% combined ratio — a clear operational outperformance that supports valuation. Q1 Press Release
Positive Sentiment: The board approved a $100M share repurchase program (up to ~4.3% of shares outstanding), which is typically supportive of the stock and signals management believes shares are undervalued. Repurchase Announcement
Positive Sentiment: Notable institutional interest: David Einhorn opened a new position and several large funds have recently increased holdings — institutional buying can attract further investor attention. Einhorn Position
Neutral Sentiment: Local recognition as a 2026 “Best Places to Work” — positive for talent retention but unlikely to move the stock materially in the near term. Best Places to Work
Negative Sentiment: Significant insider selling: CEO Bruce Lucas and COO Shannon Lucas executed multiple large sales over April (totaling millions of dollars and several hundred thousand shares across days). Heavy, repeated insider disposals can signal liquidity needs or prompt investor caution and likely put near-term downward pressure on the share price. Insider Trades Alert
Negative Sentiment: Zacks downgraded SLDE from “strong-buy” to “hold,” which can trigger short-term selling by momentum investors despite the quarter beat. Zacks Downgrade

Institutional Investors Weigh In On Slide Insurance

Institutional investors have recently made changes to their positions in the stock. Comerica Bank boosted its position in shares of Slide Insurance by 3,462.2% during the 4th quarter. Comerica Bank now owns 1,318 shares of the company’s stock worth $26,000 after purchasing an additional 1,281 shares in the last quarter. CWM LLC acquired a new position in shares of Slide Insurance during the 4th quarter worth $35,000. Ameritas Investment Partners Inc. acquired a new position in shares of Slide Insurance during the 3rd quarter worth $35,000. Aster Capital Management DIFC Ltd acquired a new position in shares of Slide Insurance during the 4th quarter worth $47,000. Finally, Caitong International Asset Management Co. Ltd raised its stake in shares of Slide Insurance by 4,839.2% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,519 shares of the company’s stock worth $49,000 after buying an additional 2,468 shares during the last quarter.

About Slide Insurance

(Get Free Report)

Launched in 2021, we are a technology enabled, fast-growing, coastal specialty insurer. We focus on profitable underwriting of single family and condominium policies in the property and casualty (“P&C”) industry in coastal states along the Atlantic seaboard through our insurance subsidiary, Slide Insurance Company (“SIC”). We utilize our differentiated technology and data-driven approach to focus on market opportunities that are underserved by other insurance companies. We acquire policies both from inorganic block acquisitions and subsequent renewals, as well as new business sales through a combination of independent agents and our direct-to-consumer(“DTC”) channel, through which we sell our insurance products directly to end consumers, without the use of retailers, brokers, agents or other intermediaries.