ASIC Ategrity Specialty Holdings LLC — QuoTrend

Analyst Ratings

Date	Action	Analyst	Rating	Target
Feb-26-26	Downgrade	Citigroup	Buy → Neutral
Feb-20-26	Reiterated	Barclays	Overweight	$25 → $26
Jan-13-26	Reiterated	Wells Fargo	Overweight	$23 → $25
Jan-08-26	Reiterated	Barclays	Overweight	$25
Oct-23-25	Reiterated	Wells Fargo	Overweight	$23
Aug-12-25	Upgrade	Citigroup	Neutral → Buy
Mar-21-24	Reiterated	Rosenblatt Securities		$1276

Financial Statements

DataTimeframe

Line Item (USD, M)		TTM —	FY 2025 12/31/2025	FY 2024 12/31/2024	FY 2023 12/31/2023
Total Revenue		470	424	344	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A		213	212	236
Gross Profit		257	212	108
Selling, General and Administrative Excl. Other		0	0	0
Research and Development		0	0	0
Other Operating Expense		138	116	42
Operating Income		119	96	66
Interest Expense		0	1	2
Unusual Expense		—	—	—
Non-Operating Income (Expense)		0	-1	-2
Net Income Before Taxes		119	96	66
Income Taxes		25	20	12
Consolidated Net Income		91	74	47
Net Income From Continuing Operations		95	76	54
Net Income		91	74	47
EPS (Recurring)		1.95	1.66	1.00
EPS (Basic, Before Extraordinaries)		1.95	1.66	1.00
EPS (Diluted)		1.87	1.60	0.96
EBITDA		120	98	69
Other After Tax Adjustments		—	—	—
Stock Option Compensation Expense		—	—	—
Price To Earnings Ratio		11.32	13.13	—
Price To Sales Ratio		2.16	2.23	—
Gross Margin		54.68	50.00	31.40
Operating Margin		25.32	22.64	19.19
Net Margin		19.36	17.45	13.66
Shares Outstanding		48	45	47
Market Capitalization		1,016	945	—
Operating Lease Expense		—	—	—

Insider Trading

Insider	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Sennott John Langton Jr.	Director	Jun 11 '26	Option Exercise	0.00	1,960	0	30,380	Jun 16 12:00 AM
MERTON ROBERT C	Director	Jun 11 '26	Option Exercise	0.00	1,960	0	48,038	Jun 15 12:00 AM
Mercer William S	Director	Jun 11 '26	Option Exercise	0.00	1,960	0	8,280	Jun 15 12:00 AM
Schenk Chris	See Remarks	May 04 '26	Buy	19.99	2,500	49,975	2,500	May 05 12:00 AM
Cohen Justin G	Chief Executive Officer	Oct 27 '25	Buy	19.41	5,200	100,938	5,200	Oct 28 12:00 AM
Zimmer Stuart J.	director, 10 percent owner:	Sep 30 '25	Buy	19.47	5,000	97,326	38,538,541	Oct 01 12:00 AM
Zimmer Stuart J.	director, 10 percent owner:	Sep 29 '25	Buy	19.37	6,130	118,763	38,533,541	Oct 01 12:00 AM
Zimmer Stuart J.	director, 10 percent owner:	Sep 26 '25	Buy	19.44	5,741	111,633	38,527,411	Sep 29 12:00 AM
Zimmer Stuart J.	director, 10 percent owner:	Sep 25 '25	Buy	19.45	4,179	81,269	38,521,670	Sep 29 12:00 AM
Zimmer Stuart J.	director, 10 percent owner:	Aug 13 '25	Buy	19.49	5,051	98,426	38,517,491	Aug 15 12:00 AM
Patel Neelam	Chief Financial Officer	Jun 12 '25	Buy	17.00	20,000	340,000	20,000	Jul 23 12:00 AM