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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.
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Los ejecutivos de Palomar Holdings vendieron acciones, pero las acciones siguen siendo atractivas con una calificación de "Compra Moderada".