Matthew Paul Larson, the chief risk officer of Slide Insurance Holdings (NASDAQ: SLDE), completed a sale of 11,250 shares of the insurer's common stock on March 30, 2026, at a per-share price of $18.00. The disposition generated proceeds of $202,500.
On the same date Larson also exercised stock options to acquire 11,250 shares at an exercise price of $0.79 per share, a transaction valued at $8,887. The shares obtained through the exercise were sold immediately. Both the option exercise and the subsequent sale of the common shares were carried out pursuant to a previously established 10b5-1 trading plan that was adopted on December 4, 2025.
Following these transactions, Larson holds zero shares of Slide Insurance Holdings directly.
The company’s common stock is trading at $17.90, a level that is roughly 31% below its 52-week high of $25.90. Analysis available through InvestingPro cited in company materials indicates that Slide Insurance may be undervalued at current prices, though the trading activity by Larson reduces his direct ownership to nil.
Slide Insurance also released its fourth-quarter 2025 financial results, reporting earnings per share of $1.23 versus analyst expectations of $0.71, a positive surprise of 73.24%. Revenue for the quarter rose to $347 million compared with $238.5 million in the prior-year period.
In connection with capital deployment, Slide Insurance completed a $120 million stock buyback program and its board has approved a new $125 million repurchase authorization.
On the analyst front, Texas Capital Securities initiated coverage of Slide Insurance with a Buy rating and set a price target of $25. Separately, Keefe, Bruyette & Woods raised its price target to $23, citing the company’s strong fourth-quarter performance and ongoing favorable trends in loss metrics.
The company’s recent results and share repurchase activity come as Slide Insurance seeks to benefit from market dynamics created by larger insurers withdrawing from certain coastal regions, a factor the company has referenced in discussing its market opportunities.
Where to find deeper analysis
For investors seeking additional fundamental and valuation research, a Pro Research Report for SLDE is available through InvestingPro.