10 Stocks Insiders Are Selling In March

2. Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD)

Number of Insiders Selling: 11

Market Capitalization: $1.99 billion

Skyward Specialty is an insurer with a focus on niche markets, providing tailored underwriting solutions for risk that traditional insurers often avoid. Skyward operates in two segments – admitted insurance, which includes state-regulated policies, and non-admitted insurance, which provides pricing flexibility and coverage for specialized risks. The stock was also among the 10 top insider stock buys and sells in January.

Previously we discussed a bull case theory for Skyward, which suggests that even though natural disasters provide short-term risks, the company’s disciplined pricing and risk management should protect its capital in the longer run. In 2023, many property and casualty insurers posted underwriting losses with a combined ratio of 101.5%, Skyward delivered a 90.7% ratio, showcasing its capability to drive consistent profits.

In March, 11 insiders sold a total of approximately $2.88 million worth of Skyward shares at an average price of $50.34 per share. Year-to-date, the stock declined 1.50% and is now trading at $49.78. However, over the past 12 months, Skyward shares rose 37.02%.

For the full year of 2025, the company disclosed net income of $80.69 million, compared to $40.42 million in 2024. For 2025, the company projects a net income of between $138.0 million and $150.0 million, and a combined ratio between 91% and 92%, inclusive of 2.0 to 2.5 points of catastrophe losses.

According to nine analysts’ estimates, Skyward is a “Strong Buy” with a price target of $57.86, writes TipRanks.