Insider Trading March 13, 2026

Neptune Insurance CEO Purchases $935,345 in Stock Amid Analyst Revisions

Trevor R. Burgess adds 50,000 Class A shares as the stock trades below earlier levels and analysts issue mixed guidance

By Leila Farooq NP
Neptune Insurance CEO Purchases $935,345 in Stock Amid Analyst Revisions
NP

Neptune Insurance Holdings Inc. CEO Trevor R. Burgess bought 50,000 Class A shares on March 13, 2026, spending $935,345 at $18.7069 per share. The transaction comes as the stock has fallen 10% over the past week and is 38% lower year-to-date, trading at $20.20. Analysts have varied views, with several upgrades and revised price targets following stronger-than-expected fourth-quarter adjusted EBITDA.

Key Points

  • Neptune CEO Trevor R. Burgess purchased 50,000 Class A shares on March 13, 2026, for $18.7069 per share, totaling $935,345; he now owns 2,082,964 shares directly.
  • The stock has fallen 10% over the past week and is 38% lower year-to-date, trading at $20.20; InvestingPro flags the stock as appearing overvalued while forecasting EPS of $0.53 for the year.
  • Several analysts revised ratings and price targets following stronger-than-expected fourth-quarter adjusted EBITDA of $26 million, producing a range of views on the companys outlook and efficiency.

Neptune Insurance Holdings Inc. reported an insider purchase this week as Chief Executive Officer Trevor R. Burgess acquired 50,000 shares of Class A Common Stock on March 13, 2026, at a per-share price of $18.7069. The acquisition totaled $935,345 and raises Burgesss direct stake in the company to 2,082,964 shares.

The trade occurred against a backdrop of recent share weakness. Neptune Insurances stock has declined 10% over the previous week and is down 38% year-to-date, with the security trading at $20.20 at the time of the report.

Market commentary from InvestingPro included an assessment that the stock appears overvalued at current levels, while also noting analyst expectations that the company will post a profit this year, with earnings per share forecast at $0.53. InvestingPro is additionally offering six exclusive tips related to Neptune Insurance Holdings.

Analyst actions have been active and varied in the wake of the companys fourth-quarter results. Keefe, Bruyette & Woods raised its rating to Outperform from Market Perform after Neptune reported adjusted EBITDA of $26 million for the quarter, surpassing both the firms estimate and consensus expectations of $24 million. The firm attributed the beat to stronger revenues during the period.

BofA Securities also moved its rating, upgrading Neptune Insurance to Neutral from Underperform and nudging its price target to $23. The bank said the change was based on revised revenue guidance and a discounted cash flow model.

Mizuho similarly adjusted its view, upgrading the stock to Neutral from Underperform. Mizuho stated that it believes artificial intelligence is unlikely to disrupt Neptune Insurances business model, while lowering its price target to $24.

BMO Capital upgraded the shares to Outperform, pointing to Neptunes efficiency metrics and highlighting that revenue per employee significantly outperformed industry peers. Morgan Stanley, by contrast, kept an Equalweight rating but revised its price target to $25 to reflect updated assumptions about topline growth and agency commissions.

Collectively, the analyst moves illustrate a range of perspectives on Neptune Insurances near-term financial outlook and operational efficiency. Some firms have interpreted the companys recent results and metrics as a reason for more favorable ratings, while others have adjusted price targets based on updated forecasts or valuation methods.


Note: The information above reflects the reported insider transaction, current trading levels, analyst ratings and price targets as stated; it does not add or infer additional developments beyond those facts.

Risks

  • Share-price volatility - The stock has recently declined 10% over the past week and is down 38% year-to-date, indicating market sensitivity that could affect investors in the insurance sector.
  • Divergent analyst views - Mixed ratings and differing price targets among brokerages create uncertainty around valuation and guidance, impacting investor expectations in financial services equities.
  • Valuation concerns - InvestingPros assessment that the stock appears overvalued highlights the risk that current market prices may not reflect underlying earnings potential, relevant to equity investors in insurance and financial markets.

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