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Slide Insurance executives sold millions in stock after strong earnings, as shares dipped on high volume.
Slide Insurance CEO Bruce Lucas sold 532,437 shares between March 5 and 9, 2026, raising about $10 million, reducing his stake by 0.61%.
COO Shannon Lucas sold 62,663 shares during the same period, generating roughly $1 million.
The company reported strong Q4 earnings on February 24, with $1.23 in adjusted EPS, beating estimates by $0.36, and $347.01 million in revenue.
The stock closed at $17.70 on March 10, down $0.78, with elevated trading volume.
Analysts maintain a "Moderate Buy" consensus with a target price of $24.40.
Slide Insurance, founded in 2021, is a tech-driven property and casualty insurer focused on coastal regions.
Los ejecutivos de Slide Insurance vendieron millones en acciones después de fuertes ganancias, ya que las acciones cayeron por alto volumen.