American Integrity Insurance Group (NYSE:AII) Stock Price Expected to Rise, Keefe, Bruyette & Woods Analyst Says

American Integrity Insurance Group (NYSE:AII) had its price objective upped by Keefe, Bruyette & Woods from $29.00 to $31.00 in a report released on Monday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price objective would suggest a potential upside of 13.15% from the stock’s current price.

Other research analysts also recently issued research reports about the company. Wall Street Zen raised American Integrity Insurance Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Citizens Jmp increased their price objective on shares of American Integrity Insurance Group from $25.00 to $26.00 and gave the stock a “market outperform” rating in a research note on Wednesday, August 12th. Citigroup reiterated an “outperform” rating on shares of American Integrity Insurance Group in a research note on Monday. Piper Sandler raised their target price on shares of American Integrity Insurance Group from $23.00 to $26.00 and gave the company an “overweight” rating in a report on Thursday, August 13th. Finally, Raymond James Financial restated an “outperform” rating on shares of American Integrity Insurance Group in a research report on Tuesday, October 6th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, American Integrity Insurance Group currently has a consensus rating of “Moderate Buy” and an average price target of $28.25.

American Integrity Insurance Group Trading Up 1.0%

NYSE AII opened at $27.40 on Monday. The company has a market cap of $536.73 million, a price-to-earnings ratio of 6.09 and a beta of 0.02. The company has a 50 day moving average of $25.25 and a 200-day moving average of $20.80. American Integrity Insurance Group has a 1-year low of $16.19 and a 1-year high of $27.86.

American Integrity Insurance Group (NYSE:AII) last announced its quarterly earnings data on Tuesday, August 11th. The company reported $1.78 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.97. The firm had revenue of $115.17 million during the quarter. American Integrity Insurance Group had a return on equity of 26.74% and a net margin of 26.20%. On average, equities research analysts forecast that American Integrity Insurance Group will post 3.82 earnings per share for the current year.

Insider Buying and Selling at American Integrity Insurance Group

In other news, CEO Robert Ritchie sold 50,700 shares of the company’s stock in a transaction on Tuesday, October 13th. The shares were sold at an average price of $27.41, for a total transaction of $1,389,687.00. Following the completion of the transaction, the chief executive officer directly owned 1,760,433 shares in the company, valued at approximately $48,253,468.53. This represents a 2.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 598,162 shares of company stock worth $14,879,357 over the last quarter. Insiders own 16.40% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Wasatch Advisors LP raised its position in American Integrity Insurance Group by 5.7% in the second quarter. Wasatch Advisors LP now owns 1,260,169 shares of the company’s stock valued at $23,729,000 after purchasing an additional 67,977 shares during the last quarter. BlackRock Inc. acquired a new stake in shares of American Integrity Insurance Group during the second quarter valued at about $16,723,000. Freestone Grove Partners LP acquired a new stake in shares of American Integrity Insurance Group during the second quarter valued at about $9,251,000. Bank of America Corp DE boosted its stake in shares of American Integrity Insurance Group by 0.8% during the first quarter. Bank of America Corp DE now owns 293,443 shares of the company’s stock valued at $5,658,000 after purchasing an additional 2,193 shares in the last quarter. Finally, Algert Global LLC bought a new stake in shares of American Integrity Insurance Group during the second quarter worth about $2,925,000.

Key American Integrity Insurance Group News

Here are the key news stories impacting American Integrity Insurance Group this week:

• Positive Sentiment: Analyst upgrades supported the stock: Keefe, Bruyette & Woods raised its price target from $29 to $31 and kept an “outperform” rating, implying about 13% upside from the referenced price. Keefe, Bruyette & Woods Issues Positive Forecast for American Integrity Insurance Group
• Positive Sentiment: Citizens JMP increased its target from $26 to $29 and assigned a “market outperform” rating, signaling continued confidence in American Integrity’s earnings and growth outlook. The upgrade was also accompanied by a notable increase in trading volume. American Integrity Insurance Group Sees Large Volume Increase on Analyst Upgrade American Integrity Insurance Group Stock Price Expected to Rise
• Neutral Sentiment: The positive recommendations come as AII trades near its 52-week high, potentially reflecting strong investor momentum but also leaving less room for error if future results disappoint.
• Negative Sentiment: CEO Robert Ritchie sold a combined 123,564 shares in transactions from October 9 through October 13 for approximately $3.37 million. The sales reduced his direct holdings by about 6.7%, which may raise concerns about insider confidence or near-term valuation, though he still owns roughly 1.76 million shares.

American Integrity Insurance Group Company Profile

American Integrity Insurance Group, Inc is an insurance company focused on residential property coverage in catastrophe-exposed markets. Through its insurance subsidiaries, the company primarily serves homeowners and other residential policyholders, with an emphasis on providing protection against risks such as wind, hurricanes and other property-related losses.

Its product offerings include homeowners insurance and related personal-lines products for owner-occupied residences, condominium unit owners, renters and other residential properties.