Director Notaras Martha purchases 100 PLMR shares at $119.92; stock down 31.5% from 52-week high of $175.67
Director Martha Notaras purchased 100 shares of Palomar Holdings at $119.92 on 2025-08-07, increasing her holdings from 7,770 to 7,870 shares. This modest buy occurs within a context of significant recent price deterioration: the stock has fallen 16.7% over 30 days and 24.7% over 90 days, now trading 31.5% below its 52-week high of $175.67. Despite this weakness, the company's fundamentals remain solid, with annual revenue growth of +47.3%, net income of $46.5M, and a reasonable P/E of 20.83 on a $203.3M revenue base. The purchase is small relative to her existing holdings (1.3% increase), representing routine insider participation rather than a significant conviction signal in the context of market drawdown.