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EdgarHawk

Hays James Charles

Director

Director
3 filings analyzed · 1 company · Latest 2024-12-09

Companies

Company Buys Sells Direction
Skyward Specialty Insurance Group, Inc. SKWD 0 4 Net selling

Activity

December 2024
Sell
27,950 shares
$1,532,686
Significance 6/10

Director James Charles Hays sold 27,950 shares (28.0K) of SKWD at $54.84 on 2024-12-05 for $1,532,685.77 ($1.5M)

Hays James Charles sold 27,950 shares at $54.84, representing a -4.0% reduction in his 697.3K share holdings. This sale occurred near the 52-week high of $54.93, with the stock currently trading at $51.32, approximately -6.6% from that peak. Notably, Hays executed three consecutive sales at SKWD on 2024-12-03, 2024-12-04, and 2024-12-05, suggesting a planned liquidation pattern over consecutive business days. The company fundamentals remain solid—$300.9M quarterly revenue with +37.9% annual growth and a moderate P/E of 15.41—providing no obvious earnings deterioration to explain the sales. The timing against recent price strength (30-day and 90-day gains of +5.8% and +29.2% respectively) and proximity to the 52-week high warrants investor attention to whether further insider liquidation may follow or whether this represents a discrete adjustment in Hays' position.

Sell
75,000 shares
$4,061,020
Significance 6/10

Director Hays James Charles sold 75,000 shares (75.0K) at blended $54.15 on Dec 3-4, totaling $4,061,020.00

Director Hays James Charles executed two separate sales totaling 75,000 shares (75.0K shares) for $4,061,020.00, reducing his position from 772.3K to 697.3K shares (-9.7%). The sales occurred at $54.00 on 2024-12-03 and $54.22 on 2024-12-04, with a blended average price of $54.15, compared to the current price of $54.93 at the 52-week high. The stock has appreciated 26.8% over 30 days and 32.4% over 90 days, suggesting the company has experienced recent momentum. SKWD fundamentals show strong growth: annual revenue growth of +37.9%, net income of $36.7M on revenue of $300.9M, and a reasonable P/E of 16.50. This is the director's second transaction at SKWD within one week, following a prior sale on 2024-11-27. The insider retains substantial holdings (697.3K shares), indicating ongoing material stake in the company.

Sell
33,539 shares
$1,806,910
Significance 5/10

Director Hays James Charles sells 33,539 shares of SKWD at $53.87 for $1.8M; retains 772,261 shares (-4.2%)

Hays James Charles sold 33,539 shares at $53.87 on 2024-11-27, reducing his holdings by 4.2% from 805,800 to 772,261 shares. The sale occurred within 0.3% of the 52-week high of $54.11 and follows a 23.5% gain over the prior 30 days and 33.6% over 90 days, representing a period of substantial stock appreciation. Skyward is trading at a reasonable 16.21 P/E multiple with strong fundamentals (37.9% annual revenue growth, $36.7M net income on $300.9M quarterly revenue, and $2.2B market cap). The transaction represents a discrete reduction in a significant position, and the timing relative to recent price momentum warrants attention to whether similar dispositions by other insiders follow.

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