Slide insurance director Stephen Rohde sells $105,000 in shares

Slide Insurance Holdings, Inc. (SLDE) Director Stephen L. Rohde sold 5,000 shares of common stock on August 6, 2026, for a total of $105,000. The shares were traded at prices between $21.00 and $21.04 per share. This sale occurred after Rohde acquired 5,000 shares through the exercise of stock options on the same day, which were purchased at an exercise price of $1.38 per share, amounting to $6,899.

As of the date of the sale, SLDE's stock was valued at $20.66, and InvestingPro's analysis indicated the company was undervalued with a low earnings multiple and strong financial health. Following these transactions, Rohde now owns 47,500 stock options that are fully vested, exercisable at $1.38 per share, and expiring on July 12, 2033.

Slide Insurance Holdings also reported strong earnings for Q2 2026, with diluted earnings per share of $1.06, surpassing analyst estimates, and a notable 92.4% increase in net income to $134.9 million. The company's revenue grew by 47.9% to $386.8 million, with gross written premiums at $508.0 million. These results led to Citizens raising their price target for SLDE from $25 to $27, maintaining a Market Outperform rating, based on projected forward book value and earnings per share.