American Integrity Insurance Group (NYSE:AII) Director Buys $50,460.00 in Stock

American Integrity Insurance Group, Inc. (NYSE:AII) Director Steven Mathis acquired 3,000 shares of American Integrity Insurance Group stock in a transaction that occurred on Tuesday, May 26th. The stock was purchased at an average cost of $16.82 per share, with a total value of $50,460.00. Following the completion of the purchase, the director owned 6,126 shares in the company, valued at $103,039.32. The trade was a 95.97% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

American Integrity Insurance Group Trading Up 0.6%

AII traded up $0.10 on Wednesday, hitting $16.75. 108,201 shares of the company’s stock were exchanged, compared to its average volume of 123,192. American Integrity Insurance Group, Inc. has a fifty-two week low of $15.77 and a fifty-two week high of $26.36. The stock has a market cap of $328.09 million and a price-to-earnings ratio of 3.82. The firm has a 50-day moving average price of $18.70 and a 200-day moving average price of $19.59.

American Integrity Insurance Group (NYSE:AII) last issued its earnings results on Tuesday, May 12th. The company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.09. American Integrity Insurance Group had a net margin of 27.56% and a return on equity of 27.04%. The business had revenue of $90.93 million during the quarter. On average, equities analysts predict that American Integrity Insurance Group, Inc. will post 2.73 EPS for the current year.

Institutional Trading of American Integrity Insurance Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AII. Strs Ohio purchased a new position in shares of American Integrity Insurance Group during the third quarter worth $33,000. NewEdge Advisors LLC acquired a new stake in shares of American Integrity Insurance Group in the fourth quarter valued at $33,000. New York State Common Retirement Fund purchased a new stake in shares of American Integrity Insurance Group in the 4th quarter valued at $42,000. Police & Firemen s Retirement System of New Jersey raised its holdings in shares of American Integrity Insurance Group by 172.7% in the 4th quarter. Police & Firemen s Retirement System of New Jersey now owns 2,446 shares of the company’s stock valued at $51,000 after buying an additional 1,549 shares during the period. Finally, JPMorgan Chase & Co. acquired a new position in American Integrity Insurance Group during the 3rd quarter worth about $72,000.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Citigroup reiterated an “outperform” rating on shares of American Integrity Insurance Group in a report on Wednesday, May 13th. Weiss Ratings reissued a “sell (d-)” rating on shares of American Integrity Insurance Group in a research note on Monday, May 4th. Citizens Jmp reduced their target price on American Integrity Insurance Group from $28.00 to $25.00 and set a “market outperform” rating on the stock in a research report on Wednesday, May 13th. Finally, Keefe, Bruyette & Woods decreased their price target on American Integrity Insurance Group from $28.00 to $27.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 7th. Six research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, American Integrity Insurance Group currently has an average rating of “Moderate Buy” and an average price target of $26.75.

American Integrity Insurance Group Company Profile

American Integrity Insurance Group, Ltd. is a specialized provider of personal lines residential property insurance based in Jacksonville Beach, Florida. The company underwrites a variety of policies including homeowners multiple peril, condominium unitowners, dwelling fire, wind-only, personal umbrella and renters insurance. Its product suite is designed to protect against hurricane, windstorm, hail and other weather-related risks common to Florida’s coastal and inland regions.

Founded in 2004, American Integrity operates primarily through a network of independent insurance agents across the state of Florida.