Palomar Holdings executives sold shares, yet the stock remains attractive with a "Moderate Buy" rating.

Palomar Holdings, Inc. executives have recently sold shares of the company's stock. CEO Mac Armstrong sold 2,237 shares, reducing his stake by 3.23%. President Jon Christianson and CFO T Christopher Uchida also sold shares, decreasing their ownership by 0.62% and reducing his stake to about $1.93 million, respectively. The company’s recent earnings of $1.23 per share exceeded analysts' expectations. Despite the insider selling, the stock has seen increased interest from large investors and has a "Moderate Buy" consensus rating with a target price of $115.50.

2 months ago
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