Moody Aldrich Sells Off Complete $8.2 Million Stake in PLMR
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 21 2025
0mins
Source: NASDAQ.COM
Moody Aldrich Partners' Sale: Moody Aldrich Partners LLC sold its entire stake of 53,211 shares in Palomar Holdings for approximately $8.21 million, fully exiting its position which previously represented 1.6% of its assets under management (AUM).
Performance Context: The sale occurred during a year when Palomar's stock rose about 9% year-to-date, but this growth lagged behind the S&P 500's performance, suggesting the sale may be a tactical portfolio rebalancing rather than a loss of confidence in the company.
Palomar Holdings' Niche: Palomar specializes in insuring properties in catastrophe-exposed markets, which can yield high profits in stable years but also increases vulnerability to natural disasters and reinsurance costs.
Investment Insights: Despite the exit by Moody Aldrich, Palomar remains an intriguing investment opportunity due to its unique market position and smart underwriting, balancing risk and potential rewards for investors.
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Analyst Views on PLMR
Wall Street analysts forecast PLMR stock price to rise
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 115.150
Low
155.00
Averages
164.67
High
171.00
Current: 115.150
Low
155.00
Averages
164.67
High
171.00
About PLMR
Palomar Holdings, Inc. is an insurance holding company. The Company provides property and casualty insurance products to individuals and businesses. It serves residential and commercial clients in five product categories: Earthquake, Inland Marine and Other Property, Casualty, Fronting, and Crop. It distributes its products through multiple channels, including retail agents, program administrators, wholesale brokers, and partnerships with other insurance companies. It offers residential and commercial earthquake products on an admitted and excess and surplus lines (E&S) basis. Its residential earthquake products insure against home damage, contents, appurtenant structures, and temporary housing costs following an earthquake. Its commercial earthquake products focus on providing coverage for benign commercial risks. Its Inland Marine and Other Property products include Inland Marine, Hawaii Hurricane, Commercial All Risk, Excess National Property, Residential Flood, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Trend in Transactions: Since January 2025, Armstrong's direct holdings have decreased by about 69%, indicating a strategy of portfolio adjustment through option exercises and scheduled sales, with smaller trade sizes recently reflecting a cautious approach to market volatility.
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- Positive 2026 Outlook: Palomar anticipates adjusted net income for 2026 to range between $260 million and $275 million, despite expected catastrophe losses of $8 million to $12 million, indicating confidence in future growth.
- Favorable Market Reaction: Following the earnings beat, Palomar Holdings may experience positive market performance, as investor optimism regarding its latest acquisition potential further solidifies its position in the industry.
See More
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- Earnings Performance: Palomar Holdings reported a Q1 2026 non-GAAP EPS of $2.31, indicating strong profitability that reinforces its market position in the insurance sector.
- Revenue Growth: The company achieved revenues of $278.9 million in Q1, reflecting ongoing business expansion and sustained market demand, which enhances investor confidence in future performance.
- Future Income Guidance: Palomar projects adjusted net income for 2026 to be between $262 million and $278 million, signaling a positive outlook that may attract more investor interest based on favorable market conditions.
- Share Repurchase Authorization: The announcement of a new $200 million share repurchase program aims to enhance EPS by reducing the number of outstanding shares, demonstrating management's confidence in the company's value and potentially positively impacting the stock price.
See More
Palomar Completes Reinsurance Programs and Raises 2026 Income Guidance
- Successful Reinsurance Program: Palomar has successfully completed its reinsurance program effective June 1, 2026, securing approximately $421 million in additional limits to support the growth of its earthquake business, thereby enhancing the company's competitive edge in natural disaster risk management.
- Increased Income Guidance: The company raised its 2026 adjusted net income guidance to a range of $266 million to $280 million, up from the previous range of $262 million to $278 million, reflecting a positive outlook on profitability and market demand.
- Diversified Reinsurance Sources: Through the issuance of the seventh Torrey Pines Re catastrophe bond, Palomar secured $3.92 billion in earthquake limits, further diversifying its sources of reinsurance capital and strengthening the company's financial stability.
- Enhanced Risk Management Capability: The implementation of this reinsurance program has improved Palomar's ability to manage peak catastrophe volatility while maintaining per-occurrence event retentions within reasonable limits, ensuring the company's potential for future profitable growth.
See More
Palomar Appoints Scott Beiser to Board of Directors
- New Board Member: Palomar Holdings appointed Scott Beiser to its Board of Directors effective May 21, 2026, bringing extensive leadership experience and public company governance expertise, which is expected to provide strategic guidance and growth momentum for the company.
- Rich Leadership Experience: Having joined Houlihan Lokey in 1984, Beiser held several senior roles, notably leading the firm's IPO in 2015, showcasing his deep expertise in capital allocation and shareholder value creation.
- Support for Strategic Goals: Palomar's CEO Mac Armstrong noted that Beiser's addition will enhance the board's leadership, aiding the company in achieving sustained growth and increasing shareholder value through the execution of the Palomar 2X strategy.
- Industry Influence: Beiser's tenure on Houlihan Lokey's board and extensive experience on various public and private company boards are expected to provide significant support for Palomar's innovation and competitive positioning in the insurance sector.
See More
Palomar Holdings CEO Sells 3,500 Shares of Stock
- Transaction Overview: On April 21, 2026, Palomar Holdings CEO Mac Armstrong sold 3,500 shares of common stock in open-market transactions totaling approximately $458,000, maintaining significant economic interest with 102,059 shares directly and 336,388 shares indirectly post-transaction.
- Historical Sales Comparison: This sale of 3,500 shares is at the low end of Armstrong's historical selling activity, where prior transactions averaged around 8,615 shares, indicating a reduction in available holdings rather than a change in strategy.
- Market Context Analysis: The weighted average sale price was $130.77 per share according to SEC Form 4, while the stock had declined approximately 15% over the trailing year, reflecting market pressures impacting the company's stock price.
- Company Financial Performance: Despite facing pressure from worse-than-expected underwriting results, Palomar achieved a 67.6% year-over-year increase in net income to $197.1 million in 2025, demonstrating solid growth driven by strong premium increases and successful acquisitions.
See More
Palomar CEO Exercises Stock Options and Sells Shares
- Transaction Overview: On April 15, 2026, Palomar CEO Mac Armstrong exercised 6,250 stock options and immediately sold 3,197 shares for approximately $414,884, indicating routine liquidity management tied to vesting schedules.
- Holding Analysis: Post-transaction, Armstrong directly holds 201,065 shares and indirectly holds 339,888 shares, reflecting a significant ownership stake despite a decline in direct holdings compared to historical averages, showcasing his continued confidence in the company.
- Trend in Transactions: Since January 2025, Armstrong's direct holdings have decreased by about 69%, indicating a strategy of portfolio adjustment through option exercises and scheduled sales, with smaller trade sizes recently reflecting a cautious approach to market volatility.
- Company Financial Performance: Palomar had a strong 2025 with total revenue of $873.68 million and net income of $197.07 million, despite a 15.80% decline in stock price over the past year, analysts remain bullish on its future performance with a short-term target price around $164.
See More
Palomar Holdings Q4 Earnings Exceed Expectations
- Strong Performance: Palomar Holdings reported a Q4 non-GAAP EPS of $2.24, beating expectations by $0.15, which highlights the company's robust market performance and boosts investor confidence.
- Significant Revenue Growth: The company achieved Q4 revenue of $253.36 million, representing a 62.7% year-over-year increase and exceeding market expectations by $48.78 million, reflecting strong business expansion and demand recovery.
- Positive 2026 Outlook: Palomar anticipates adjusted net income for 2026 to range between $260 million and $275 million, despite expected catastrophe losses of $8 million to $12 million, indicating confidence in future growth.
- Favorable Market Reaction: Following the earnings beat, Palomar Holdings may experience positive market performance, as investor optimism regarding its latest acquisition potential further solidifies its position in the industry.
See More
