Insider Selling: Palomar (NASDAQ:PLMR) CEO Sells 5,399 Shares of Stock

02 Feb 2026, 21:22 by Jessica Moore · The Cerbat Gem

Palomar Holdings, Inc. (NASDAQ:PLMR – Get Free Report) CEO Mac Armstrong sold 5,399 shares of the firm’s stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $122.04, for a total value of $658,893.96. Following the completion of the transaction, the chief executive officer owned 94,063 shares in the company, valued at approximately $11,479,448.52. This trade represents a 5.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Mac Armstrong also recently made the following trade(s):

On Saturday, January 31st, Mac Armstrong sold 2,205 shares of Palomar stock. The shares were sold at an average price of $121.74, for a total transaction of $268,436.70.
On Saturday, January 31st, Mac Armstrong sold 2,205 shares of Palomar stock. The shares were sold at an average price of $121.74, for a total transaction of $268,436.70.
On Thursday, January 29th, Mac Armstrong sold 5,399 shares of Palomar stock. The shares were sold at an average price of $122.04, for a total value of $658,893.96.
On Wednesday, January 28th, Mac Armstrong sold 11,484 shares of Palomar stock. The stock was sold at an average price of $119.88, for a total value of $1,376,701.92.
On Wednesday, January 21st, Mac Armstrong sold 5,000 shares of Palomar stock. The shares were sold at an average price of $129.00, for a total transaction of $645,000.00.
On Thursday, January 15th, Mac Armstrong sold 2,310 shares of Palomar stock. The shares were sold at an average price of $130.00, for a total transaction of $300,300.00.
On Friday, November 21st, Mac Armstrong sold 5,000 shares of Palomar stock. The shares were sold at an average price of $122.86, for a total transaction of $614,300.00.

Palomar Stock Performance

Shares of PLMR stock traded up $0.63 during mid-day trading on Monday, hitting $124.22. 240,836 shares of the stock were exchanged, compared to its average volume of 180,129. The stock’s fifty day simple moving average is $127.67 and its two-hundred day simple moving average is $123.57. Palomar Holdings, Inc. has a 12-month low of $104.47 and a 12-month high of $175.85. The stock has a market capitalization of $3.29 billion, a price-to-earnings ratio of 19.38 and a beta of 0.44.

Palomar (NASDAQ:PLMR – Get Free Report) last announced its earnings results on Thursday, November 6th. The company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.56 by $0.45. The firm had revenue of $244.66 million during the quarter, compared to analysts’ expectations of $207.98 million. Palomar had a return on equity of 21.93% and a net margin of 22.59%.During the same period in the prior year, the firm earned $1.23 EPS. On average, research analysts expect that Palomar Holdings, Inc. will post 5.99 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Palomar by 2.5% in the fourth quarter. Vanguard Group Inc. now owns 2,698,278 shares of the company’s stock worth $363,620,000 after purchasing an additional 67,038 shares during the period. American Century Companies Inc. boosted its stake in Palomar by 2.1% during the 2nd quarter. American Century Companies Inc. now owns 846,312 shares of the company’s stock valued at $130,544,000 after purchasing an additional 17,188 shares during the period. Invesco Ltd. increased its stake in shares of Palomar by 234.1% in the second quarter. Invesco Ltd. now owns 798,361 shares of the company’s stock valued at $123,147,000 after purchasing an additional 559,383 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of Palomar by 72.1% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 785,165 shares of the company’s stock worth $105,809,000 after buying an additional 328,993 shares during the period. Finally, Westfield Capital Management Co. LP grew its holdings in Palomar by 81.0% in the 3rd quarter. Westfield Capital Management Co. LP now owns 738,528 shares of the company’s stock worth $86,223,000 after buying an additional 330,592 shares in the last quarter. Institutional investors own 90.25% of the company’s stock.

Key Stories Impacting Palomar

Here are the key news stories impacting Palomar this week:

Positive Sentiment: Palomar closed the acquisition of The Gray Casualty & Surety Company, expanding its surety capabilities and product mix — a strategic tuck‑in that can add premium, diversify risk exposure and support growth in specialty lines. BCP Completes Sale of The Gray Casualty & Surety Company
Neutral Sentiment: Palomar will report Q4 and full‑year 2025 results after the close on Feb 11, 2026, with a conference call Feb 12 — an event that typically drives short‑term volume and volatility as investors update estimates and listen for management commentary on reserve development, underwriting margin, and growth. Earnings Release & Conference Call
Negative Sentiment: Multiple insiders (including the CEO, President, CFO and other senior executives) sold shares on Jan. 29 and Jan. 31, reducing positions by low-single-digit percentages in many cases. Heavy insider selling can signal liquidity taking or tax/comp planning, but it may concern some investors about insider confidence or timing ahead of earnings. Representative coverage of recent insider sales is here. CEO Sells Stock (Example)

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on PLMR. Wall Street Zen upgraded shares of Palomar from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. JPMorgan Chase & Co. lifted their price target on shares of Palomar from $145.00 to $155.00 and gave the company an “overweight” rating in a research report on Wednesday, January 7th. Weiss Ratings raised Palomar from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, January 14th. Finally, Keefe, Bruyette & Woods boosted their target price on Palomar from $170.00 to $171.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 6th. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Palomar presently has an average rating of “Moderate Buy” and an average target price of $159.50.

Read Our Latest Research Report on Palomar

Palomar Company Profile

(Get Free Report)

Palomar Holdings, Inc (NASDAQ: PLMR) is a specialty insurance holding company focused on providing medical stop-loss coverage and related administrative services to self-funded employer health plans in the United States. The firm operates through two primary business segments—Medical Stop-Loss and Specialty Program Management—to deliver tailored risk protection and comprehensive program administration.