Jon Christianson - Palomar Holdings President

PLMR Stock  USD 108.30  0.14  0.13%   

Insider

Jon Christianson is President of Palomar Holdings
Age 44
Address 7979 Ivanhoe Avenue, La Jolla, CA, United States, 92037
Phone619 567 5290
Webhttps://plmr.com

Latest Insider Transactions

2024-10-04Disposed of 3805 shares @ 103.04View
2024-09-06Disposed of 10000 shares @ 94.4View
2024-07-17Disposed of 2000 shares @ 91.35View

Jon Christianson Latest Insider Activity

Tracking and analyzing the buying and selling activities of Jon Christianson against Palomar Holdings stock is an integral part of due diligence when investing in Palomar Holdings. Jon Christianson insider activity provides valuable insight into whether Palomar Holdings is net buyers or sellers over its current business cycle. Note, Palomar Holdings insiders must abide by specific rules, including filing SEC forms every time they buy or sell Palomar Holdings'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Palomar Holdings Management Efficiency

The company has return on total asset (ROA) of 0.0454 % which means that it generated a profit of $0.0454 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.193 %, meaning that it created $0.193 on every $100 dollars invested by stockholders. Palomar Holdings' management efficiency ratios could be used to measure how well Palomar Holdings manages its routine affairs as well as how well it operates its assets and liabilities. As of 12/02/2024, Return On Equity is likely to grow to 0.18, while Return On Tangible Assets are likely to drop 0.04. At this time, Palomar Holdings' Total Assets are relatively stable compared to the past year. As of 12/02/2024, Other Current Assets is likely to grow to about 279.1 M, though Other Assets are likely to grow to (69 M).
Palomar Holdings currently holds 52.6 M in liabilities with Debt to Equity (D/E) ratio of 0.06, which may suggest the company is not taking enough advantage from borrowing. Palomar Holdings has a current ratio of 0.5, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Palomar Holdings' use of debt, we should always consider it together with its cash and equity.

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Palomar Holdings, Inc., an insurance holding company, provides specialty property insurance to residential and commercial customers. Palomar Holdings, Inc. was incorporated in 2013 and is headquartered in La Jolla, California. Palomar Holdings operates under InsuranceProperty Casualty classification in the United States and is traded on NASDAQ Exchange. It employs 151 people. Palomar Holdings (PLMR) is traded on NASDAQ Exchange in USA. It is located in 7979 Ivanhoe Avenue, La Jolla, CA, United States, 92037 and employs 213 people. Palomar Holdings is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

Palomar Holdings Leadership Team

Elected by the shareholders, the Palomar Holdings' board of directors comprises two types of representatives: Palomar Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Palomar. The board's role is to monitor Palomar Holdings' management team and ensure that shareholders' interests are well served. Palomar Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Palomar Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
McDonald Armstrong, CEO Founder
John MacDonald, Senior Marketing
Mark Brose, Chief Officer
Tim Carter, Chief Officer
Toshio CPA, Chief Officer
Jon Christianson, President
Rodolphe Herve, Chief Officer
Jake Armstrong, Executive Operations
Jonathan Knutzen, Chief Officer
Elizabeth Seitz, Chief Officer
Toshio Uchida, Chief Officer
Elizabeth CPA, EVP Officer
Kyle Morgan, Executive Development
James Long, Chief Officer
Angela Grant, Chief Secretary
Michelle Johnson, Chief Officer

Palomar Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Palomar Holdings a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Palomar Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Palomar Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Palomar Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Palomar Stock

  0.84L Loews CorpPairCorr
  0.92AFG American FinancialPairCorr
The ability to find closely correlated positions to Palomar Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Palomar Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Palomar Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Palomar Holdings to buy it.
The correlation of Palomar Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Palomar Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Palomar Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Palomar Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Palomar Stock Analysis

When running Palomar Holdings' price analysis, check to measure Palomar Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Palomar Holdings is operating at the current time. Most of Palomar Holdings' value examination focuses on studying past and present price action to predict the probability of Palomar Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palomar Holdings' price. Additionally, you may evaluate how the addition of Palomar Holdings to your portfolios can decrease your overall portfolio volatility.