Public Sector Pension Investment Board Has $12.19 Million Stock Position in Palomar Holdings, Inc. $PLMR

Public Sector Pension Investment Board increased its holdings in shares of Palomar Holdings, Inc. (NASDAQ:PLMR) by 14.6% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 104,449 shares of the company’s stock after purchasing an additional 13,270 shares during the period. Public Sector Pension Investment Board owned 0.39% of Palomar worth $12,194,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of PLMR. Salomon & Ludwin LLC bought a new position in shares of Palomar during the 3rd quarter worth approximately $25,000. Richardson Financial Services Inc. lifted its holdings in Palomar by 210.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 217 shares of the company’s stock valued at $25,000 after purchasing an additional 147 shares during the last quarter. Allworth Financial LP boosted its position in Palomar by 1,970.0% during the second quarter. Allworth Financial LP now owns 207 shares of the company’s stock worth $32,000 after purchasing an additional 197 shares during the period. Hollencrest Capital Management boosted its position in Palomar by 56.5% during the second quarter. Hollencrest Capital Management now owns 313 shares of the company’s stock worth $48,000 after purchasing an additional 113 shares during the period. Finally, IFP Advisors Inc increased its holdings in shares of Palomar by 556.9% in the second quarter. IFP Advisors Inc now owns 335 shares of the company’s stock valued at $52,000 after purchasing an additional 284 shares during the last quarter. Institutional investors own 90.25% of the company’s stock.

Insider Buying and Selling at Palomar

In other Palomar news, CEO Mac Armstrong sold 5,000 shares of the stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $122.60, for a total transaction of $613,000.00. Following the sale, the chief executive officer directly owned 343,388 shares in the company, valued at $42,099,368.80. This represents a 1.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO T Christopher Uchida sold 545 shares of the business’s stock in a transaction that occurred on Saturday, January 31st. The shares were sold at an average price of $121.74, for a total transaction of $66,348.30. Following the completion of the transaction, the chief financial officer owned 14,005 shares of the company’s stock, valued at $1,704,968.70. The trade was a 3.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 63,998 shares of company stock valued at $7,868,669 over the last three months. 3.70% of the stock is owned by insiders.

Key Palomar News

Here are the key news stories impacting Palomar this week:

• Positive Sentiment: Q4 earnings and revenue beat consensus, driven by higher premiums and underwriting gains; management also raised its 2026 outlook — a primary driver of the stock’s strength. Palomar Q4 Earnings & Revenues Beat Estimates, Premiums Rise Y/Y
• Positive Sentiment: Brokerage coverage remains constructive — the consensus recommendation is around “Moderate Buy,” which supports continued investor interest. Palomar Given Average Recommendation of “Moderate Buy” by Brokerages
• Neutral Sentiment: Analyst/press deep-dive notes that Palomar’s diversification is driving top-line growth, but highlights emerging questions about margins and underwriting mix — watch margin trends in upcoming quarters. PLMR Q4 deep dive: Diversification drives growth, margin questions emerge
• Neutral Sentiment: Full Q4 earnings call transcript is available for detail on management’s commentary and guidance assumptions — useful for investors modeling forward earnings and loss ratios. Palomar Q4 2025 Earnings Call Transcript
• Negative Sentiment: Insider sale: CEO Mac Armstrong sold 5,000 shares at ~$122.60 (filed with the SEC), trimming his stake by ~1.44% — a potential sentiment headwind even though his remaining holding remains large. SEC Filing: Insider Sale

Palomar Price Performance

Shares of NASDAQ:PLMR opened at $132.10 on Monday. The business’s 50 day simple moving average is $128.74 and its 200 day simple moving average is $123.14. Palomar Holdings, Inc. has a 1 year low of $107.75 and a 1 year high of $175.85. The company has a market capitalization of $3.50 billion, a P/E ratio of 18.40 and a beta of 0.44.

Palomar (NASDAQ:PLMR) last released its earnings results on Wednesday, February 11th. The company reported $2.24 earnings per share for the quarter, beating analysts’ consensus estimates of $2.06 by $0.18. The firm had revenue of $492.63 million during the quarter, compared to the consensus estimate of $204.58 million. Palomar had a return on equity of 22.77% and a net margin of 22.50%.The company’s revenue was up 62.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.52 EPS. On average, sell-side analysts anticipate that Palomar Holdings, Inc. will post 5.99 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Keefe, Bruyette & Woods raised their target price on shares of Palomar from $170.00 to $171.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 6th. Wall Street Zen downgraded shares of Palomar from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Evercore ISI started coverage on Palomar in a report on Monday, February 9th. They set an “outperform” rating and a $150.00 price objective for the company. JPMorgan Chase & Co. upped their target price on Palomar from $145.00 to $155.00 and gave the company an “overweight” rating in a research report on Wednesday, January 7th. Finally, Weiss Ratings raised Palomar from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, January 14th. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $158.14.

About Palomar

Palomar Holdings, Inc (NASDAQ: PLMR) is a specialty insurance holding company focused on providing medical stop-loss coverage and related administrative services to self-funded employer health plans in the United States. The firm operates through two primary business segments—Medical Stop-Loss and Specialty Program Management—to deliver tailored risk protection and comprehensive program administration.

In its Medical Stop-Loss segment, Palomar underwrites excess and aggregate stop-loss policies designed to shield self-insured employers from catastrophic medical claims that exceed pre-determined retention levels.