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Mac Armstrong Biography and Net Worth

CEO of Palomar

Mac Armstrong serves as Chief Executive Officer, Director of the Company. Prior to joining our company, Mr. Armstrong most recently served as the President of Arrowhead General Insurance Agency, which he joined in June 2009, previously holding the positions of Chief Financial Officer and Chief Operating Officer. Mr. Armstrong led the sale of Arrowhead to Brown & Brown, Inc. in January 2012. Mr. Armstrong’s prior experience includes Spectrum Equity Investors, a private equity investment firm where he led the insurance investing practice and Alex. Brown & Sons/ BT Alex. Brown Inc., an investment bank acquired by Deutsche Bank. Mr. Armstrong earned an A.B. from Princeton University. Mr. Armstrong is a member of the Board of Advisors of Cloverlay Investment Management LLC, a private equity investment firm.

What is Mac Armstrong's net worth?: The estimated net worth of Mac Armstrong is at least $39.95 million as of April 22nd, 2024. Mr. Armstrong owns 468,388 shares of Palomar stock worth more than $39,953,496 as of May 16th. This net worth estimate does not reflect any other investments that Mr. Armstrong may own. Learn More about Mac Armstrong's net worth.
How do I contact Mac Armstrong?: The corporate mailing address for Mr. Armstrong and other Palomar executives is 7979 IVANHOE AVENUE SUITE 500, LA JOLLA CA, 92037. Palomar can also be reached via phone at (619) 567-5290 and via email at [email protected]. Learn More on Mac Armstrong's contact information.
Has Mac Armstrong been buying or selling shares of Palomar?: Within the last three months, Mac Armstrong has sold $560,210.00 of Palomar stock. Most recently, Mac Armstrong sold 7,000 shares of the business's stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $80.03, for a transaction totalling $560,210.00. Following the completion of the sale, the chief executive officer now directly owns 468,388 shares of the company's stock, valued at $37,485,091.64. Learn More on Mac Armstrong's trading history.
Who are Palomar's active insiders?: Palomar's insider roster includes Mac Armstrong (CEO), Jon Christianson (Insider), Robert Dowdell (Director), Heath Fisher (President), Britt Morries (COO), Martha Notaras (Director), and T. Christopher Uchida (CFO). Learn More on Palomar's active insiders.
Are insiders buying or selling shares of Palomar?: During the last year, Palomar insiders bought shares 2 times. They purchased a total of 2,500 shares worth more than $195,770.00. During the last year, insiders at the sold shares 39 times. They sold a total of 125,828 shares worth more than $8,194,560.04. The most recent insider tranaction occured on May, 7th when Director Thomas A Bradley bought 1,000 shares worth more than $84,320.00. Insiders at Palomar own 4.3% of the company. Learn More about insider trades at Palomar.
Information on this page was last updated on 5/7/2024.

Mac Armstrong Insider Trading History at Palomar

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
4/22/2024	Sell	7,000	$80.03	$560,210.00	468,388
3/21/2024	Sell	7,000	$82.62	$578,340.00	475,388
2/29/2024	Sell	7,000	$75.75	$530,250.00	482,388
1/31/2024	Sell	1,541	$59.19	$91,211.79	46,842
1/27/2024	Sell	952	$60.13	$57,243.76	44,117
1/1/2024	Sell	1,836	$54.51	$100,080.36	38,995
8/9/2023	Sell	10,000	$57.23	$572,300.00	489,388
8/7/2023	Sell	40,000	$58.42	$2,336,800.00	529,388
9/16/2022	Sell	12,000	$84.90	$1,018,800.00	569,388
8/16/2022	Sell	12,000	$78.32	$939,840.00	581,388
8/8/2022	Sell	11,478	$72.77	$835,254.06	593,388
8/4/2022	Sell	47,949	$70.20	$3,366,019.80	641,439
10/18/2021	Sell	12,000	$79.05	$948,600.00
9/16/2021	Sell	12,000	$85.35	$1,024,200.00
3/22/2021	Sell	12,500	$71.20	$890,000.00
2/23/2021	Sell	12,500	$87.03	$1,087,875.00
1/21/2021	Sell	12,500	$97.40	$1,217,500.00
12/18/2020	Sell	12,500	$88.40	$1,105,000.00
11/23/2020	Sell	12,500	$69.98	$874,750.00
9/22/2020	Sell	2,500	$100.49	$251,225.00
8/21/2020	Sell	12,500	$105.19	$1,314,875.00
7/22/2020	Sell	12,500	$86.13	$1,076,625.00
6/22/2020	Sell	12,500	$82.79	$1,034,875.00
5/22/2020	Sell	12,500	$62.07	$775,875.00
4/22/2020	Sell	12,500	$59.70	$746,250.00
3/23/2020	Sell	12,500	$45.27	$565,875.00
2/21/2020	Sell	12,500	$59.36	$742,000.00
1/28/2020	Sell	30,000	$55.18	$1,655,400.00
1/23/2020	Sell	12,500	$51.88	$648,500.00
12/30/2019	Sell	27,500	$48.68	$1,338,700.00
9/25/2019	Sell	40,000	$36.50	$1,460,000.00

Mac Armstrong Buying and Selling Activity at Palomar

Palomar Company Overview

Palomar Holdings, Inc., a specialty insurance company, provides property and casualty insurance to residential and businesses in the United States. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, fronting, commercial all risk, specialty homeowners, inland marine, Hawaii hurricane, and residential flood, as well as other products, such as assumed reinsurance. It markets and distributes its products through retail agents, wholesale brokers, program administrators, and carrier partnerships. The company was formerly known as GC Palomar Holdings and changed its name to Palomar Holdings, Inc. The company was incorporated in 2013 and is headquartered in La Jolla, California.

Today's Range

Now: $85.30

$83.80

$85.55

50 Day Range

MA: $80.33

$73.30

$85.11

2 Week Range

Now: $85.30

$46.67

$86.25

Volume

106,867 shs

Average Volume

159,601 shs

Market Capitalization

$2.13 billion

P/E Ratio

24.51

Dividend Yield

N/A

Beta

0.24