American Coastal Insurance Corporation
US ˙ NasdaqCM ˙ US9107101027

Introduction

This page provides a comprehensive analysis of the known insider trading history of Michael Hogan. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

See Highest Ranking Insiders
Companies with Reported Insider Positions

The SEC filings indicate Michael Hogan has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:ACIC / American Coastal Insurance Corporation Director 361,754
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Michael Hogan. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases ACIC / American Coastal Insurance Corporation - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in ACIC / American Coastal Insurance Corporation. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
2024-09-23 ACIC Hogan Michael 8,000 11.3660 8,000 11.3660 90,928 72 14.3100 23,552 25.90
2022-05-11 UIHC Hogan Michael 100,000 1.5687 100,000 1.5687 156,870
2021-12-03 UIHC Hogan Michael 10,000 4.4600 10,000 4.4600 44,600
2021-12-01 UIHC Hogan Michael 10,000 4.3000 10,000 4.3000 43,000
2021-09-27 UIHC Hogan Michael 10,000 3.6600 10,000 3.6600 36,600
2021-03-26 UIHC Hogan Michael 5,000 7.2000 5,000 7.2000 36,000
2021-03-26 UIHC Hogan Michael 15,000 7.2076 15,000 7.2076 108,114
2020-12-28 UIHC Hogan Michael 10,000 5.9500 10,000 5.9500 59,500
2020-12-24 UIHC Hogan Michael 20,000 6.1100 20,000 6.1100 122,200
2020-12-23 UIHC Hogan Michael 5,000 5.5400 5,000 5.5400 27,700
2020-12-23 UIHC Hogan Michael 2,000 5.5900 2,000 5.5900 11,180
2020-12-22 UIHC Hogan Michael 16,000 5.1400 16,000 5.1400 82,240
2020-12-21 UIHC Hogan Michael 8,009 5.1500 8,009 5.1500 41,246
2020-11-30 UIHC Hogan Michael 1,159 5.0460 1,159 5.0460 5,849
2020-08-18 UIHC Hogan Michael 693 8.3825 693 8.3825 5,808
2020-05-26 UIHC Hogan Michael 682 8.0160 682 8.0160 5,467
2020-05-21 UIHC Hogan Michael 2,500 7.9500 2,500 7.9500 19,875
2020-05-20 UIHC Hogan Michael 2,500 7.9900 2,500 7.9900 19,975
2020-05-14 UIHC Hogan Michael 1,571 7.1500 1,571 7.1500 11,233
2020-05-13 UIHC Hogan Michael 3,429 7.1100 3,429 7.1100 24,380
2020-03-11 UIHC Hogan Michael 607 9.3700 607 9.3700 5,691
2020-02-24 UIHC Hogan Michael 5,000 10.1500 5,000 10.1500 50,750
2019-11-26 UIHC Hogan Michael 370 13.0100 370 13.0100 4,810
2019-08-21 UIHC Hogan Michael 3,300 3,300
2019-08-21 UIHC Hogan Michael 336 12.9400 336 12.9400 4,354
2019-08-20 UIHC Hogan Michael 1,000 12.8600 1,000 12.8600 12,860
2019-08-20 UIHC Hogan Michael 3,000 3,000
2019-05-21 UIHC Hogan Michael 245 13.7100 245 13.7100 3,352
2019-05-10 UIHC Hogan Michael 1,500 14.4200 1,500 14.4200 21,630
2019-03-13 UIHC Hogan Michael 197 16.5200 197 16.5200 3,251
2019-02-22 UIHC Hogan Michael 2,500 16.1400 2,500 16.1400 40,350
2018-11-27 UIHC Hogan Michael 162 19.1100 162 19.1100 3,090
2018-08-20 UIHC Hogan Michael 145 21.1900 145 21.1900 3,083
2018-05-29 UIHC Hogan Michael 148 20.7900 148 20.7900 3,072
2018-05-15 UIHC Hogan Michael 251 20.4700 251 20.4700 5,138
2018-05-15 UIHC Hogan Michael 2,249 20.5500 2,249 20.5500 46,217
2018-03-14 UIHC Hogan Michael 145 20.0300 145 20.0300 2,914
2017-12-12 UIHC Hogan Michael 2,500 16.4500 2,500 16.4500 41,125
2017-11-29 UIHC Hogan Michael 167 16.4400 167 16.4400 2,753

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

ACIC / American Coastal Insurance Corporation Insider Trades
Insider Sales ACIC / American Coastal Insurance Corporation - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in ACIC / American Coastal Insurance Corporation. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

ACIC / American Coastal Insurance Corporation Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Michael Hogan as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change		 Share
Price		 Tran
Value		 Remaining
Value
2025-05-21 2025-05-19 4 ACIC AMERICAN COASTAL INSURANCE Corp
Common Stock 		A - Award 5,000 361,754 1.40
2024-09-25 2024-09-23 4 ACIC AMERICAN COASTAL INSURANCE Corp
Common Stock 		P - Purchase 8,000 356,754 2.29 11.37 90,928 4,054,863
2024-05-15 2024-05-14 4 ACIC AMERICAN COASTAL INSURANCE Corp
Common Stock 		A - Award 5,000 348,754 1.45
2023-06-05 2023-06-02 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		A - Award 5,000 343,754 1.48
2022-06-01 2022-05-11 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 100,000 338,754 41.88 1.57 156,870 531,403
2022-05-04 2022-05-03 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		A - Award 5,000 238,754 2.14
2021-12-03 2021-12-01 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 10,000 223,754 4.68 4.30 43,000 962,141
2021-12-03 2021-12-03 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 10,000 233,754 4.47 4.46 44,600 1,042,542
2021-09-28 2021-09-27 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 10,000 213,754 4.91 3.66 36,600 782,339
2021-05-05 2021-05-04 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		A - Award 5,000 203,754 2.52
2021-03-30 2021-03-26 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 15,000 213,754 7.55 7.21 108,114 1,540,651
2021-03-30 2021-03-26 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 20,000 198,754 11.19 7.20 144,000 1,431,027
2021-03-30 2021-03-26 4/A UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 15,000 198,754 8.16 7.21 108,114 1,432,537
2021-03-30 2021-03-26 4/A UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 5,000 183,754 2.80 7.20 36,000 1,323,027
2020-12-30 2020-12-28 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 10,000 178,754 5.93 5.95 59,500 1,063,585
2020-12-28 2020-12-24 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 20,000 168,754 13.45 6.11 122,200 1,031,085
2020-12-28 2020-12-23 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 2,000 148,754 1.36 5.59 11,180 831,533
2020-12-28 2020-12-23 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 5,000 146,754 3.53 5.54 27,700 813,016
2020-12-23 2020-12-22 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 16,000 141,754 12.72 5.14 82,240 728,614
2020-12-23 2020-12-21 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 8,009 125,754 6.80 5.15 41,246 647,632
2020-12-07 2020-11-30 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 1,159 117,745 0.99 5.05 5,849 594,140
2020-12-07 2020-08-18 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 693 116,586 0.60 8.38 5,808 977,279
2020-05-26 2020-05-26 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 682 115,893 0.59 8.02 5,467 928,997
2020-05-21 2020-05-21 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 2,500 115,211 2.22 7.95 19,875 915,925
2020-05-21 2020-05-20 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 2,500 112,711 2.27 7.99 19,975 900,559
2020-05-15 2020-05-14 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 1,571 110,211 1.45 7.15 11,233 788,007
2020-05-15 2020-05-13 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 3,429 108,640 3.26 7.11 24,380 772,429
2020-05-06 2020-05-05 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		A - Award 5,000 105,211 4.99
2020-05-06 2020-05-05 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		A - Award 5,000 105,211 4.99
2020-03-13 2020-03-11 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 607 95,211 0.64 9.37 5,691 892,125
2020-03-10 2020-02-24 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 5,000 94,603 5.58 10.15 50,750 960,224
2019-11-26 2019-11-26 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 370 89,603 0.41 13.01 4,810 1,165,740
2019-08-28 2019-08-21 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 336 89,234 0.38 12.94 4,354 1,154,684
2019-08-28 2019-05-21 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 245 88,897 0.28 13.71 3,352 1,218,780
2019-08-28 2019-03-13 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 197 88,653 0.22 16.52 3,251 1,464,542
2019-08-28 2018-11-27 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 162 88,456 0.18 19.11 3,090 1,690,392
2019-08-28 2018-08-20 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 145 88,294 0.17 21.19 3,083 1,870,954
2019-08-28 2018-05-29 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 148 88,149 0.17 20.79 3,072 1,832,612
2019-08-28 2018-03-14 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 145 88,001 0.17 20.03 2,914 1,762,659
2019-08-28 2017-11-29 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 167 87,855 0.19 16.44 2,753 1,444,344
2019-08-22 2019-08-20 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 3,000 87,688 3.54
2019-08-22 2019-08-20 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 1,000 84,688 1.19 12.86 12,860 1,089,088
2019-08-21 2019-08-21 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 3,300 83,688 4.11
2019-08-14 2019-08-05 4/A UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 2,600 80,388 3.34 11.22 29,180 902,195
2019-08-14 2019-08-05 4/A UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 10,000 77,688 14.77 11.06 110,590 859,152
2019-08-07 2019-08-05 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 2,600 80,388 3.34 11.22 29,180 902,195
2019-08-07 2019-08-05 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 100 77,788 0.13 11.10 1,110 863,447
2019-08-07 2019-08-05 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 10,000 77,688 14.77 11.06 110,590 859,152
2019-05-13 2019-05-10 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 1,500 67,688 2.27 14.42 21,630 976,061
2019-02-22 2019-02-22 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 2,500 66,188 3.93 16.14 40,350 1,068,274
2018-05-16 2018-05-15 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 2,249 63,688 3.66 20.55 46,217 1,308,788
2018-05-16 2018-05-15 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 251 61,439 0.41 20.47 5,138 1,257,656
2018-05-10 2018-05-08 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		A - Award 3,750 61,188 6.53 19.72 73,950 1,206,627
2017-12-13 2017-12-12 4 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		P - Purchase 2,500 57,438 4.55 16.45 41,125 944,855
2017-04-11 3 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		109,876
2017-04-11 3 UIHC UNITED INSURANCE HOLDINGS CORP.
Common Stock 		109,876
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)