5 Best Performing NASDAQ Stocks in 2023

2. American Coastal Insurance Corporation (NASDAQ:ACIC)

Year To Date Share Price Gains: 648%

American Coastal Insurance Corporation (NASDAQ:ACIC) is a financial company that provides property and casualty insurance products. The firm is the holding company for the now defunct United Property & Casualty Insurance which was unable to meet its claims after the devastating Hurricane Ian in Florida. American Coastal Insurance Corporation (NASDAQ:ACIC)’s shares started trading under the ACIC ticker symbol on the NASDAQ exchange in August 2023.

American Coastal Insurance Corporation (NASDAQ:ACIC)’s largest hedge fund shareholder in Insider Monkey’s database is Dov Gertzulin’s DG Capital Management as it owns $1.5 million worth of shares.

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