Making an investment decision in the stock market involves a certain amount of risk, so it's important to thoroughly review a company's stock before making any decisions. Stock float, number of short positions and outstanding shares are among the many factors an investor should take into account.
Investors cannot turn a blind eye to insiders as well as institutional ownership. They need to follow insider trades to determine the direction the stock is likely to take.
About 34.5% of ACIC shares are held by financial institutions. WESTWOOD HOLDINGS GROUP INC is the top corporate investor, holding 150.74K shares valued at $1.90M. A 0.31% stake in American Coastal Insurance Corporation is owned by the company. JACOBS LEVY EQUITY MANAGEMENT, INC owns 148.32K shares valued at $1.87M, which translates its holding of 0.3% of the stake in the company.
Among the ACIC insiders holding of 48.72% of the stake in company, ADCOCK BRETT, Co-Chief Executive Officer, holds the largest shares of 15.01M. GOLDSTEIN ADAM D, Co-Chief Executive Officer, is the second largest ACIC insider with ownership of 15.01M shares. MOELIS KENNETH, director, 10 percent owner, stands third with possession of 12.5M shares of that stake.
| Insiders | Designation | Shares Held |
|---|
| ADCOCK BRETT | Co-Chief Executive Officer | 15.01M |
| GOLDSTEIN ADAM D | Co-Chief Executive Officer | 15.01M |
| MOELIS KENNETH | director, 10 percent owner | 12.5M |
| PEED DANIEL | Chief Executive Officer | 1.97M |
| BRANCH GREGORY C | director | 1.71M |
| HOOD III WILLIAM H. | director | 369.66K |
| WHITTEMORE KENT G | director | 359.27K |
| HOGAN MICHAEL | director | 356.75K |
| MARTZ BRAD | President | 278.89K |
| HUDSON SHERRILL W | director | 198.4K |
| POITEVINT ALEC II | director | 180K |
| GRIFFITH CHRISTOPHER | Chief Operating Officer | 103.02K |
| MARONEY PATRICK | director | 93.5K |
| SPELLACY MICHAEL | director | 90K |
| ADLER BROOKE | General Counsel | 24.51K |
| CRAWFORD TROY J | Chief Underwriting Officer | 12.59K |
| DAVIS KERN MICHAEL | director | 4.63K |
| LORE MARC E. | 10 percent owner | 0 |
| MUNIZ THOMAS PAUL | Chief Operating Officer | 0 |
| ATLAS CREST INVESTMENT LLC | 10 percent owner | 0 |
