Mac Armstrong Sells Shares of PLMR $PLMR
Key Points
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Mac Armstrong, CEO and Chairman at Palomar Holdings, Inc. ($PLMR), sold 3,500 shares at an average price of $112.96, for a total transaction of $395,357.20. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Palomar Holdings, Inc. Stock Down 9.7%
Shares of Palomar Holdings, Inc. ($PLMR) traded around $118.91 on Thursday, down 9.7% for the day.
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About Palomar Holdings, Inc.
Palomar Holdings, Inc., a specialty insurance company, provides property and casualty insurance to individuals and businesses in the United States. The company offers personal and commercial specialty insurance products, including residential and commercial earthquake; fronting; and inland marine and other property products, such as inland marine, Hawaii hurricane, excess national property, residential flood, and other property products, as well as assumed reinsurance and crop insurance products. It markets and distributes its products through retail agents, program administrators, wholesale brokers, and strategic partnerships. The company was formerly known as GC Palomar Holdings and changed its name to Palomar Holdings, Inc. The company was incorporated in 2013 and is headquartered in La Jolla, California.
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