10 Top Insider Stock Buys And Sells In January

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

Number of insiders selling: 9

Market Cap: $1.99 billion

Skyward Specialty Insurance Group is eighth among the 10 Top Insider Stock Buys And Sells in January. This is a professional insurer with a focus on niche markets, offering tailored underwriting solutions for risk that traditional insurers often avoid. We previously covered A Bull Case Theory on Skyward stock.

In short, the theory suggests that while natural disasters bring short-term risks, Skyward’s disciplined pricing and risk management should protect its capital in the long term. 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.

Skyward runs in two segments – admitted insurance, which includes state-regulated policies, and non-admitted insurance, which provides pricing flexibility and coverage for specialized risks.

Last month, nine insiders, including the company’s Chairman and CEO, President, CFO, and CIO sold a total of around $2.34 million worth of Skyward shares at an average price of $47.57 per share. The stock is now trading at $49.86 per share, having lost 1.35% since the beginning of the year. Over the last 12 months, Skyward Specialty shares gained 43.81%.

For the fourth quarter of 2024, Skyward reported preliminary results, with net income of $14.4 million; and adjusted operating income of $33.2 million. This compares to net income of $29.3 million and adjusted operating income of $24.3 million in the same period of 2023. For the year ending 2025, the company expects 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.

The average rating on the stock from 10 analysts is “Buy,” reveals StockAnalysis. Analysts also have set a price target on the stock of $53.0, which is an increase of 6.30% from the latest price.

With nine insiders selling the stock in January and a market capitalization of $1.99 billion, Skyward is also one of 10 Small–Cap Stocks Insiders Are Selling Recently.