Slide Insurance (SLDE) Insider Pardo Sells $558K of Stock

Wright Andrew Pardo, an insider at Slide Insurance Holdings, Inc. (NasdaqGS:SLDE), sold 31,002 shares on June 24, 2026. The shares were sold at an average price of $18.01 each, amounting to a total transaction value of $558,346. This sale was part of a pre-planned transaction.

Insider Buying and Selling at Slide Insurance Holdings, Inc.

In addition to Wright Andrew Pardo's sale on June 24, he also sold 15,000 shares on June 26 at $19.03 each. Chief Executive Officer Bruce Lucas sold 44,467 shares at $17.12 on June 11, while President and COO Shannon Lucas sold 4,659 shares at the same price on the same day. Chief Risk Officer Matthew Paul Larson engaged in both buying and selling activities, purchasing 13,750 shares at $0.99 and selling the same amount at $17.07 on June 10.

Other Institutional Activity in Slide Insurance

Several institutional investors have been active in Slide Insurance. BlackRock, Inc. grew its holdings by 2,497,956 shares, ending with 7,671,890 shares valued at approximately $138.1 million. Vanguard Portfolio Management LLC opened a new position with 4,608,096 shares worth around $82.9 million. American Century Companies Inc increased its stake by 1,203,022 shares to hold 3,453,182 shares valued at about $62.2 million. On the other hand, Capital World Investors reduced its position by 1,567,531 shares, resulting in 2,915,649 shares worth $52.5 million. Arrowstreet Capital, Limited Partnership significantly increased its holdings by 2,012,428 shares, ending with 2,687,802 shares valued at $48.4 million.

Slide Insurance Holdings, Inc. Stock Down 23.5%

Shares of Slide Insurance Holdings, Inc. traded near $18.06 on Saturday. The company has a market capitalization of approximately $2.07 billion and a P/E ratio of 4.96. Its stock has seen a 52-week low of $12.53 and a high of $22.15. The 50-day moving average is $18.05, while the 200-day moving average is $17.15. Slide Insurance maintains a current ratio of 1.73, a quick ratio of 1.11, and a debt-to-equity ratio of 3.74.

Analysts Set New Price Targets

Barclays maintained its 'buy' rating on Slide Insurance with a price target of $31.00 on April 29, 2026. Keefe, Bruyette & Woods also maintained a 'buy' rating with a target of $23.00 on March 9, 2026. Piper Sandler kept its 'buy' rating, setting a target price of $24.00 on February 26, 2026. The consensus among analysts is a 'buy' recommendation, with a mean target price of $25.20.

About Slide Insurance Holdings, Inc.

Slide Insurance Holdings, Inc. is a property and casualty insurance provider based in Tampa, Florida. The company offers coastal specialty personal lines insurance, including homeowners and condominium unit owners insurance, as well as commercial residential products. Slide Insurance also provides reinsurance and insurance agency services. Founded in 2021, the company is led by CEO Mr. Bruce Thomas Lucas and employs 558 people.

Bottom Line

Wright Andrew Pardo's recent sale of Slide Insurance shares was part of a planned transaction. The company's stock performance is being closely watched by investors, with several institutional investors adjusting their positions. Analysts remain optimistic, maintaining 'buy' ratings with price targets above current levels. As always, insider transactions are just one factor investors consider when evaluating a stock.