New insider activity at Palomar Holdings ( (PLMR) ) has taken place on October 22, 2025.
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CEO & Chairman Mac Armstrong recently sold 5,000 shares of Palomar Holdings stock, amounting to a total transaction value of $576,506.
Recent Updates on PLMR stock
In the past 24 hours, several analysts have adjusted their price targets for Palomar Holdings, reflecting a mix of cautious optimism and sector-specific challenges. JPMorgan reduced its price target due to expectations that margins for insurers and growth for brokers have peaked, despite healthy business fundamentals. Keefe Bruyette also lowered its target, maintaining an Outperform rating, while Evercore ISI cited a general lighter mix of property renewals that could help pricing on some commercial lines as a reason for their adjustment. Overall, the sentiment is that while the sector has underperformed recently, it is positioned to potentially outperform in the future.
Spark’s Take on PLMR Stock
According to Spark, TipRanks’ AI Analyst, PLMR is a Outperform.
Palomar Holdings exhibits strong financial and technical performance with significant revenue growth and a bullish technical outlook. These positive factors are slightly offset by a high P/E ratio and the challenges discussed in the earnings call, such as the impact of wildfires on the California insurance market. Overall, the company’s strategic growth initiatives and strong equity position underpin a solid stock performance outlook.
To see Spark’s full report on PLMR stock, click here.
More about Palomar Holdings
YTD Price Performance: 10.50%
Average Trading Volume: 346,088
Technical Sentiment Signal: Buy
Current Market Cap: $3.08B