Slide Insurance CRO Matthew Larson sells $307,182 in shares

Matthew Paul Larson, Chief Risk Officer at Slide Insurance Holdings, Inc. (NASDAQ:SLDE), sold 11,150 shares of the company’s common stock on October 22, 2026, for a total value of $307,182. The shares were sold at prices ranging from $27.50 to $27.62, with a weighted average price of $27.55 per share. This transaction was executed as part of a 10b5-1 trading plan adopted by Mr. Larson on May 4, 2026. The sale comes as SLDE trades near its 52-week high of $28.69, with the stock delivering an 82% return over the past year. According to InvestingPro analysis, the stock remains undervalued at current levels. For investors seeking deeper insights, a comprehensive Pro Research Report is available, transforming complex data into actionable intelligence for this $3.24 billion insurance company.

Before the sale, Mr. Larson acquired the 11,150 shares through the exercise of stock options at an exercise price of $1.38 per share, totaling $15,386. Following these transactions, Mr. Larson directly holds no common stock in Slide Insurance Holdings.

Mr. Larson retains 13,750 unvested stock options, which are scheduled to vest on July 14, 2027. These options are part of a total of 24,900 stock options reported, with the 11,150 options exercised in this report having been vested and exercisable.

In other recent news, Slide Insurance Holdings reported impressive second-quarter 2026 earnings, with diluted earnings per share reaching $1.06, significantly surpassing Wall Street’s estimate of $0.58. The company’s net income surged by 92.4% compared to the previous year, totaling $134.9 million, while revenue saw a substantial increase of 47.9%, amounting to $386.8 million. Additionally, Slide Insurance achieved gross written premiums of $508.0 million during the period. Following these robust results, Citizens raised its price target for Slide Insurance to $27 from $25, maintaining a Market Outperform rating. The firm noted the company’s operating earnings per share of $1.06 exceeded both its own estimate of $0.81 and the consensus of $0.85. Furthermore, Citizens adjusted its price target to $28.00 from $27.00, citing expectations of light domestic catastrophe losses in the upcoming third quarter of 2026. These developments highlight Slide Insurance’s strong financial performance and optimistic outlook from analysts.