Transaction Details
Stephen L. Rohde, a Director of Slide Insurance Holdings, Inc. (ticker SLDE), on August 6, 2026 sold 5,000 shares of the company’s common stock for a total consideration of $105,000. The shares were sold at prices ranging from $21.00 to $21.04 per share.
On the same day, Rohde exercised stock options to acquire an additional 5,000 common shares at an exercise price of $1.38 per share, resulting in an outlay of $6,899. Following these transactions, Rohde retains 47,500 stock options that are fully vested and exercisable, each with an exercise price of $1.38 and an expiration date of July 12, 2033.
The current market price of Slide Insurance stock is $20.66 per share.
Recent Financial Performance
Slide Insurance reported its second‑quarter 2026 results, posting diluted earnings per share (EPS) of $1.06, well above Wall Street’s consensus estimate of $0.58. Net income rose 92.4% year‑over‑year to $134.9 million, while revenue increased 47.9% to $386.8 million. Gross written premiums for the quarter were $508.0 million.
Citizens raised its price target for Slide Insurance from $25 to $27 and reaffirmed a Market Outperform rating. The new target is based on a multiple of 2.3 times forward book value and 7 times the projected 2027 EPS, up from a prior multiple of 2.2 times forward book value. Citizens’ operating EPS estimate of $0.81 and the consensus estimate of $0.85 were both below the reported $1.06.
Analyst Commentary
InvestingPro’s analysis notes that the stock, trading at $20.66, appears undervalued relative to its fair‑value calculations, citing a low earnings multiple and a strong twelve‑month profitability track record.