Insider transaction details
Jon Christianson, President of Palomar Holdings, Inc. (NASDAQ:PLMR), sold 1,937 shares of the company’s common stock on April 15, 2026, receiving approximately $249,142 from the transactions. The sales were completed in multiple trades with execution prices that ranged from $128.5921 to $129.3333 per share.
Option exercise and ownership position
At the same time, Christianson exercised options to acquire 1,937 shares of Palomar Holdings common stock at an exercise price of $15.00 per share, representing a total exercise cost of $29,055. After these transactions, Christianson is reported to directly own 65,919 shares of Palomar Holdings, which includes 2,410 shares he acquired under the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
Market context and valuation signals
Palomar’s share price at the time of reporting is $131.41, corresponding to a market capitalization of $3.52 billion. According to InvestingPro analysis cited in company coverage, Palomar appears undervalued on a Fair Value basis. The stock trades at a price-to-earnings ratio of 17.67. InvestingPro Tips note that this P/E level is modest relative to near-term earnings growth expectations, with analysts projecting earnings per share of $9.84 for fiscal year 2026.
The same coverage points readers to a Pro Research Report for more detailed analysis on Palomar and other U.S. equities.
Recent operating results
In separate company disclosures, Palomar reported fourth-quarter results for 2025 that exceeded analyst estimates. The company posted earnings per share of $2.24 versus a consensus forecast of $2.07. Revenue for the quarter came in at $492.6 million, ahead of the anticipated $476.63 million. Despite the upside to expectations on both earnings and revenue, the stock moved lower during the period, a decline the report attributes to broader market conditions rather than the company’s reported results.
What the filings show
The filings and the analyst commentary together document an insider sale contemporaneous with the exercise of options, the executive’s resulting shareholding, and external assessments of the company’s valuation and recent results. The reporting does not ascribe motive for the insider’s transactions beyond the recorded sales and option exercise.