Shannon Lucas Sells 11,283 Shares of Slide Insurance (NASDAQ:SLDE) Stock

Posted by Scott Moore on Apr 8th, 2026

Slide Insurance Holdings, Inc. (NASDAQ:SLDE – Get Free Report) COO Shannon Lucas sold 11,283 shares of the company’s stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $18.00, for a total transaction of $203,094.00. Following the sale, the chief operating officer directly owned 1,466,146 shares of the company’s stock, valued at approximately $26,390,628. This represents a 0.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Shannon Lucas also recently made the following trade(s):

On Wednesday, April 8th, Shannon Lucas sold 12,008 shares of Slide Insurance stock. The stock was sold at an average price of $18.01, for a total transaction of $216,264.08.
On Monday, April 6th, Shannon Lucas sold 13,500 shares of Slide Insurance stock. The stock was sold at an average price of $18.09, for a total transaction of $244,215.00.
On Monday, March 30th, Shannon Lucas sold 13,389 shares of Slide Insurance stock. The shares were sold at an average price of $18.09, for a total transaction of $242,207.01.
On Wednesday, April 1st, Shannon Lucas sold 868 shares of Slide Insurance stock. The shares were sold at an average price of $18.01, for a total transaction of $15,632.68.
On Tuesday, March 31st, Shannon Lucas sold 24,429 shares of Slide Insurance stock. The shares were sold at an average price of $18.10, for a total transaction of $442,164.90.
On Tuesday, March 17th, Shannon Lucas sold 9,763 shares of Slide Insurance stock. The shares were sold at an average price of $18.44, for a total transaction of $180,029.72.
On Monday, March 16th, Shannon Lucas sold 22,500 shares of Slide Insurance stock. The shares were sold at an average price of $18.13, for a total transaction of $407,925.00.
On Wednesday, March 11th, Shannon Lucas sold 270 shares of Slide Insurance stock. The shares were sold at an average price of $17.42, for a total transaction of $4,703.40.
On Monday, March 9th, Shannon Lucas sold 11,700 shares of Slide Insurance stock. The shares were sold at an average price of $18.23, for a total transaction of $213,291.00.
On Friday, March 6th, Shannon Lucas sold 23,884 shares of Slide Insurance stock. The shares were sold at an average price of $18.59, for a total transaction of $444,003.56.

Slide Insurance Stock Performance

NASDAQ:SLDE traded up $0.15 during trading hours on Wednesday, hitting $18.10. 1,399,943 shares of the company traded hands, compared to its average volume of 2,671,868. The stock has a market capitalization of $2.25 billion and a price-to-earnings ratio of 7.02. Slide Insurance Holdings, Inc. has a twelve month low of $12.53 and a twelve month high of $25.90. The firm has a 50-day moving average of $17.71 and a 200 day moving average of $17.04. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.03.

Slide Insurance (NASDAQ:SLDE – Get Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $1.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.36. The business had revenue of $347.01 million during the quarter.

Key Stories Impacting Slide Insurance

Here are the key news stories impacting Slide Insurance this week:

Positive Sentiment: Company announced completion of a $120 million share buyback, which reduces share count and is typically supportive of EPS and the stock price. Slide Insurance (SLDE) Completes $120 Million Share Buyback
Positive Sentiment: An analyst write-up (Zacks) highlighted SLDE as one of three mid-cap multi-line insurers with near-term upside potential, which can attract buyers and lift sentiment. Buy 3 Mid-Cap Multi-Line Insurance Stocks to Tap Solid Near-Term Upside
Positive Sentiment: Recent fundamentals: SLDE reported a solid quarterly beat (Feb 24) with $1.23 EPS vs. $0.87 expected and strong revenue, which supports a higher valuation and investor confidence.
Neutral Sentiment: Technical/valuation context — market cap roughly $2.25B, P/E ~7, and the stock sits near its 50- and 200-day moving averages; these metrics provide context but are not an immediate catalyst.
Negative Sentiment: Multiple insider sales: CEO Bruce Lucas, COO Shannon Lucas, a director and another insider executed sizable stock sales April 6–8 (aggregating several hundred thousand shares sold at ~\$18). All trades were reported under pre-arranged Rule 10b5-1 plans (reduces suspicious timing concerns but still can weigh on sentiment when large insiders sell). SEC Filing — Bruce Lucas

Institutional Trading of Slide Insurance

Several hedge funds have recently bought and sold shares of SLDE. Comerica Bank raised its holdings in shares of Slide Insurance by 3,462.2% in the fourth quarter. Comerica Bank now owns 1,318 shares of the company’s stock valued at $26,000 after purchasing an additional 1,281 shares during the last quarter. CWM LLC bought a new position in shares of Slide Insurance in the fourth quarter valued at $35,000. Ameritas Investment Partners Inc. bought a new position in Slide Insurance during the third quarter worth $35,000. Aster Capital Management DIFC Ltd bought a new position in Slide Insurance during the fourth quarter worth $47,000. Finally, Caitong International Asset Management Co. Ltd boosted its position in Slide Insurance by 4,839.2% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,519 shares of the company’s stock worth $49,000 after purchasing an additional 2,468 shares during the period.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on SLDE shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Slide Insurance in a report on Friday, December 26th. Texas Capital raised shares of Slide Insurance to a “strong-buy” rating in a report on Wednesday, March 18th. Piper Sandler raised their target price on shares of Slide Insurance from $22.00 to $24.00 and gave the company an “overweight” rating in a research note on Thursday, February 26th. Barclays increased their price target on shares of Slide Insurance from $25.00 to $29.00 and gave the company an “overweight” rating in a research report on Wednesday, February 25th. Finally, Zacks Research upgraded shares of Slide Insurance from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 17th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $24.40.

Read Our Latest Stock Analysis on Slide Insurance

Slide Insurance Company Profile

(Get Free Report)

Launched in 2021, we are a technology enabled, fast-growing, coastal specialty insurer. We focus on profitable underwriting of single family and condominium policies in the property and casualty (“P&C”) industry in coastal states along the Atlantic seaboard through our insurance subsidiary, Slide Insurance Company (“SIC”). We utilize our differentiated technology and data-driven approach to focus on market opportunities that are underserved by other insurance companies. We acquire policies both from inorganic block acquisitions and subsequent renewals, as well as new business sales through a combination of independent agents and our direct-to-consumer(“DTC”) channel, through which we sell our insurance products directly to end consumers, without the use of retailers, brokers, agents or other intermediaries.