Andrew Pardo Wright, a director at Slide Insurance Holdings (NASDAQ:SLDE), sold $379,134 worth of common stock in two transactions earlier this month. The sales occurred on May 15 and May 18, 2026.
A total of 20,086 shares were sold, with prices ranging between $18.75 and $19.00 per share. On May 15, 10,000 shares were sold at $18.75, and on May 18, 10,086 shares were sold at $19.00. The stock currently trades at $18.48.
According to Bond.az analysis, SLDE appears undervalued. The company has been profitable over the last twelve months with EPS of $3.62. Earnings report is expected on May 22.
The sales were conducted indirectly through MAOV Slide, LLC. Wright disclaims beneficial ownership except for his pecuniary interest. After the sales, his indirect holdings stand at 80,000 shares.
In other news, Slide Insurance reported strong Q1 2026 earnings, with EPS of $1.02 (beat by 52.24%). Texas Capital Securities raised the price target to $27.00. Slide also entered California's residential property insurance market.
