SLDE · Slide Insurance Holdings, Inc. — research history
Complete research history. Every dossier, draft, kill, publish, and lesson the system has produced on SLDE. Public so users can audit, AI can re-reference. Live price refreshes every 60s.
About SLDE · Slide Insurance Holdings, Inc.
Slide Insurance Holdings, Inc. provides property and casualty insurance services in the United States. The company writes coastal specialty personal lines insurance, including homeowners, condominium unit owners, commercial residential, and other products, as well as offers reinsurance and insurance agency services. Slide Insurance Holdings, Inc. was incorporated in 2021 and is headquartered in Tampa, Florida.
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HOLD (score +2) · 12-1 mom -14.4% · RSI 51.5 · above_200_only · -19.6% from high
Targets blend Wall Street consensus (5 analysts: low $23.00 / mean $25.20 / high $31.00) with chart-derived floors and ceilings.
1-Year Chart · RSI · MACD
Research Timeline
Newest first. Each entry shows what stage produced it, the verdict/decision, and the reasoning.
The 3 Form-4 cluster in the last 14 days (May-June 2026) consists entirely of pre-scheduled equity compensation events — RSU vesting for CEO Bruce Lucas and COO Shannon Lucas with tax withholding sales, plus CRO Matthew Larson's exercise-and-sale pursuant to a December 2025 10b5-1 plan. No discretionary open-market purchases were detected. The company is an exceptionally high-quality coastal specialty P&C insurer with a 55.5% combined ratio in Q1 2026 and ~38% premium growth YoY, but it IPO'd at $18 (June 2025) and has struggled to break above its debut price despite strong underlying performance — suggesting the market assigns a risk discount to catastrophe-exposed Florida coastal exposure. David Einhorn's Greenlight Capital opened a new position (~1.1M shares) per Q4 2025 13F, providing smart-money corroboration of potential mispricing at ~$17.50.
Score falls below the 60 threshold due to material insider selling that outweighs the Greenlight initiation, combined with thin options liquidity. The market's severe valuation discount appears to be a rational pricing of Florida catastrophe risk and geographic concentration that the recent California expansion has not yet offset.
Slide Insurance is a high-quality coastal specialty P&C insurer that has consistently beaten earnings estimates (Q1 2026: $1.02 vs $0.86; four consecutive positive surprises) while growing gross premiums written 49% YoY. The stock trades at just 5.3x forward earnings — extremely cheap relative to the sector and well below its analyst price target of $25.2 (35% upside). However, the investigation trigger flagged insider Form 4 activity in the past 14 days; on inspection, those filings show exclusively SELL transactions by all insiders (CEO Bruce Lucas, President Shannon Lucas, CFO Omiridis, CRO Larson, Director Gries), all pursuant to pre-planned 10b5-1 trading plans set before declines. There are ZERO open-market purchases in the recent window. David Einhorn's Greenlight Capital did initiate a position (~1.1M shares) in Q4 2025 and the company has been aggressively buying back stock ($120M repurchase program completed, new $100M authorized), which provides counterbalance to insider selling. The stock is ~28% below its 52-week high at an historically depressed multiple while fundamental momentum is strong — a genuine disconnect between price and performance.