COO Herve Rodolphe sold $163K in PLMR shares at $135.35, reducing his direct holdings by 20.4% ahead of earnings. This continues a pattern of insider selling with mixed historical performance, though the STRONG BUY analyst consensus and pending earnings report temper the signal.

Where it could go — Our 5-6 conviction officer sells: 50% beat SPY at 30d (n=1623, avg +2.6% vs SPY); watch earnings reaction for direction.

CEO Armstrong Mac sold $480K worth of PLMR shares at $137.26, reducing his direct holdings by 1.1% while the stock trades 7.0% below its 90-day high. This continues a consistent selling pattern with 23 prior sales and no buys, though the absence of other insider buyers and relatively small stake reduction limits its significance.

Where it could go — Our 5-6 conviction officer sells: 51% beat SPY at 30d with avg +3.4% vs SPY; watch $147.62 as resistance, $110.82 as support.

President Jon Christianson exercised and sold 3,000 shares at $139.50, maintaining his existing stake percentage. This appears to be a mechanical transaction handling expiring options rather than a meaningful change in position conviction.

Where it could go — Our 1-4 conviction officer sells: 59% beat SPY at 30d with +3.3% average outperformance.

CEO Armstrong Mac sold $8M worth of PLMR shares at $131.66, reducing his directly held stake by 27.5% at a price just 10.8% below the 90-day high. This marks his largest sale ever and continues a pattern of consistent selling, with six prior sales totaling over $2.7M in the past five months. Bull: holds above $110 support; bear breaks $100.81 low.

Where it could go — Our 7-8 conviction officer sells: 35% beat SPY at 30d; bear breaks $100.81.

President Jon Christianson sold $957K in shares from a same-day option exercise, leaving his pre-existing stake unchanged. This is a routine, mechanical transaction consistent with his 23 prior sales and carries no directional signal for the stock.

Where it could go — Our 1-4 conviction officer sells: 58% beat SPY at 30d; bear case if stock breaks the $100.81 support level.

CEO Armstrong Mac sold $395K worth of PLMR shares, reducing his direct holdings by 1.1% at $112.96 per share. This continues his established pattern of regular selling with no offsetting buys from other insiders, though the stock trades 17% below its recent high.

Where it could go — 41.7% of similar setups show positive 90d returns; watch $100.81 as bear break level, $116.94 as bull trigger.

CEO and Chairman Armstrong Mac sold $151K worth of shares, reducing his stake by a minor 0.4% at a price just 6.0% above the 90-day low. This first-time sale near a low is unusual but lacks corroboration from other insiders and is overshadowed by a 14-analyst STRONG BUY consensus.

Where it could go — Analyst mean target not provided; bear case if stock breaks the recent low of $107.51.

CEO and Chairman Armstrong Mac sold $151K worth of shares, reducing his stake by a minor 0.4% at a price just 6.0% above the 90-day low. This first-time sale near a low is unusual but lacks corroboration from other insiders and is overshadowed by a 14-analyst STRONG BUY consensus.

Where it could go — Analyst mean target not provided; bear case if stock breaks the recent low of $107.51.