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Palomar Holdings Inc (NASDAQ: PLMR) closed the day trading at $143.65 down -3.45% from the previous closing price of $148.79. In other words, the price has decreased by -$3.45 from its previous closing price. On the day, 0.5 million shares were traded. PLMR stock price reached its highest trading level at $150.2 during the session, while it also had its lowest trading level at $141.22.
Ratios:
For a better understanding of PLMR, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On April 08, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also upped its target price recommendation from $79 to $85.
Jefferies Upgraded its Hold to Buy on March 14, 2024, whereas the target price for the stock was revised from $78 to $88.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 28 ’25 when Carter Timothy sold 473 shares for $153.65 per share. The transaction valued at 72,676 led to the insider holds 361 shares of the business.
Carter, Timothy bought 787 shares of PLMR for $122,543 on Jun 27 ’25. On Jun 23 ’25, another insider, Armstrong Mac, who serves as the CEO and Chairman of the company, sold 5,000 shares for $158.14 each. As a result, the insider received 790,694 and left with 387,388 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PLMR now has a Market Capitalization of 3841502464 and an Enterprise Value of 4005663232. As of this moment, Palomar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.69, and their Forward P/E ratio for the next fiscal year is 17.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.31 while its Price-to-Book (P/B) ratio in mrq is 4.86. Its current Enterprise Value per Revenue stands at 6.567 whereas that against EBITDA is 23.146.
Stock Price History:
The Beta on a monthly basis for PLMR is 0.45, which has changed by 0.7410011 over the last 52 weeks, in comparison to a change of 0.1185931 over the same period for the S&P500. Over the past 52 weeks, PLMR has reached a high of $175.85, while it has fallen to a 52-week low of $79.82. The 50-Day Moving Average of the stock is -8.98%, while the 200-Day Moving Average is calculated to be 16.59%.
Shares Statistics:
Over the past 3-months, PLMR traded about 328.23K shares per day on average, while over the past 10 days, PLMR traded about 341480 shares per day. A total of 26.74M shares are outstanding, with a floating share count of 26.11M. Insiders hold about 2.36% of the company’s shares, while institutions hold 93.47% stake in the company. Shares short for PLMR as of 1749772800 were 507362 with a Short Ratio of 1.55, compared to 1747267200 on 529917. Therefore, it implies a Short% of Shares Outstanding of 507362 and a Short% of Float of 2.3.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
