491,272 Shares in American Integrity Insurance Group, Inc. $AII Purchased by Freestone Grove Partners LP

Freestone Grove Partners LP bought a new stake in American Integrity Insurance Group, Inc. (NYSE:AII) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 491,272 shares of the company’s stock, valued at approximately $9,251,000.

Other institutional investors have also recently bought and sold shares of the company. NewEdge Advisors LLC acquired a new position in American Integrity Insurance Group during the 4th quarter worth approximately $33,000. New York State Common Retirement Fund bought a new position in shares of American Integrity Insurance Group during the 4th quarter worth approximately $42,000. Police & Firemen s Retirement System of New Jersey raised its holdings in shares of American Integrity Insurance Group by 172.7% in the fourth quarter. Police & Firemen s Retirement System of New Jersey now owns 2,446 shares of the company’s stock valued at $51,000 after purchasing an additional 1,549 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in shares of American Integrity Insurance Group in the third quarter worth $72,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of American Integrity Insurance Group in the third quarter worth $83,000.

Insider Buying and Selling at American Integrity Insurance Group

In related news, CEO Robert C. Ritchie sold 65,000 shares of American Integrity Insurance Group stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $26.29, for a total transaction of $1,708,850.00. Following the completion of the sale, the chief executive officer owned 1,963,536 shares of the company’s stock, valued at approximately $51,621,361.44. The trade was a 3.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, major shareholder James E. Sowell bought 79,497 shares of American Integrity Insurance Group stock in a transaction that occurred on Tuesday, June 9th. The shares were bought at an average cost of $16.85 per share, with a total value of $1,339,524.45. Following the acquisition, the insider directly owned 4,610,180 shares in the company, valued at $77,681,533. This trade represents a 1.75% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders acquired 136,356 shares of company stock worth $2,301,242 and sold 459,424 shares worth $11,117,028. 16.40% of the stock is owned by insiders.

Analyst Ratings Changes

AII has been the subject of a number of analyst reports. Raymond James Financial set a $27.00 target price on shares of American Integrity Insurance Group in a research report on Thursday, August 20th. Zacks Research raised shares of American Integrity Insurance Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 17th. Piper Sandler increased their price objective on shares of American Integrity Insurance Group from $23.00 to $26.00 and gave the stock an “overweight” rating in a research note on Thursday, August 13th. Weiss Ratings upgraded American Integrity Insurance Group from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, June 1st. Finally, Citizens Jmp raised their price objective on American Integrity Insurance Group from $25.00 to $26.00 and gave the company a “market outperform” rating in a report on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $26.50.

American Integrity Insurance Group Trading Down 0.1%

Shares of NYSE AII opened at $26.26 on Friday. The company has a market capitalization of $514.43 million, a P/E ratio of 5.84 and a beta of -0.20. American Integrity Insurance Group, Inc. has a 12 month low of $16.19 and a 12 month high of $27.00. The stock has a 50 day moving average of $20.77 and a 200-day moving average of $19.22.

American Integrity Insurance Group (NYSE:AII) last posted its quarterly earnings results on Tuesday, August 11th. The company reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.97. American Integrity Insurance Group had a return on equity of 26.74% and a net margin of 26.20%.The business had revenue of $115.17 million for the quarter. Analysts predict that American Integrity Insurance Group, Inc. will post 3.79 EPS for the current fiscal year.

American Integrity Insurance Group Company Profile

American Integrity Insurance Group, Ltd. is a specialized provider of personal lines residential property insurance based in Jacksonville Beach, Florida. The company underwrites a variety of policies including homeowners multiple peril, condominium unitowners, dwelling fire, wind-only, personal umbrella and renters insurance. Its product suite is designed to protect against hurricane, windstorm, hail and other weather-related risks common to Florida’s coastal and inland regions.

Founded in 2004, American Integrity operates primarily through a network of independent insurance agents across the state of Florida.