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The closing price of Palomar Holdings Inc (NASDAQ: PLMR) was $162.27 for the day, down -2.25% from the previous closing price of $166.00. In other words, the price has decreased by -$2.25 from its previous closing price. On the day, 0.54 million shares were traded. PLMR stock price reached its highest trading level at $166.925 during the session, while it also had its lowest trading level at $153.48.
Ratios:
Our analysis of PLMR’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 21 ’25 when Armstrong Mac sold 5,000 shares for $161.96 per share. The transaction valued at 809,800 led to the insider holds 392,388 shares of the business.
Uchida T Christopher sold 500 shares of PLMR for $79,885 on May 21 ’25. The Chief Financial Officer now owns 7,920 shares after completing the transaction at $159.77 per share. On May 21 ’25, another insider, CHRISTOPHER UCHIDA, who serves as the Officer of the company, bought 2,000 shares for $159.09 each.
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 4339440640 and an Enterprise Value of 4220135168. As of this moment, Palomar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.40, and their Forward P/E ratio for the next fiscal year is 19.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.12 while its Price-to-Book (P/B) ratio in mrq is 5.49. Its current Enterprise Value per Revenue stands at 6.919 whereas that against EBITDA is 24.386.
Stock Price History:
The Beta on a monthly basis for PLMR is 0.49, which has changed by 0.93894136 over the last 52 weeks, in comparison to a change of 0.11730647 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 $77.28. The 50-Day Moving Average of the stock is 5.76%, while the 200-Day Moving Average is calculated to be 36.99%.
Shares Statistics:
PLMR traded an average of 308.17K shares per day over the past three months and 298540 shares per day over the past ten days. A total of 26.74M shares are outstanding, with a floating share count of 26.10M. Insiders hold about 2.38% of the company’s shares, while institutions hold 93.50% stake in the company. Shares short for PLMR as of 1747267200 were 529917 with a Short Ratio of 1.72, compared to 1744675200 on 627988. Therefore, it implies a Short% of Shares Outstanding of 529917 and a Short% of Float of 2.4.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
