{
  "id": 19449918,
  "title": "Neptune Insurance CEO Trevor Burgess sells $122,450 in company stock",
  "url": "https://urgent.news/2026/11/11/neptune-insurance-ceo-trevor-burgess-sells-122-450-in-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-11T05:01:22.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/neptune-insurance-ceo-trevor-burgess-sells-122450-in-company-stock-93CH-5017691"
  },
  "original_language": "en",
  "account": "Neptune Insurance CEO Trevor Burgess recently sold a substantial portion of his company's Class A Common Stock, amounting to 4,431 shares valued at $122,450. The stock sales occurred on November 9, 2026, at prices ranging from $27.40 to $27.88, slightly below the current share price of $28.22. These shares were sold according to a pre-existing Rule 10b5-1 trading plan that Burgess established on July 31, 2026. Despite Neptune being deemed overvalued in InvestingPro's assessment, the company is showing a more favorable P/E ratio and PEG ratio of 0.41. Mr. Burgess currently holds 1,902,520 shares of the company. His roles at Neptune extend beyond CEO, as he is also a Director and a 10% shareholder. Neptune Insurance reported impressive financial growth in its latest quarter, with revenue increasing by 34% to $59.6 million and adjusted earnings per share rising by 44%. The company's adjusted EBITDA grew by 38% to $36.8 million, with a widened margin of 62%. This growth led to an upward revision of the company's full-year outlook and initial guidance for 2027. In response to these results, Mizuho raised its price target for Neptune Insurance to $33 from $31 while maintaining a Neutral rating. Neptune Insurance's revenue growth was achieved despite market challenges and the absence of hurricane-related demand.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}