Neptune stock jump
InsurTech momentum showed up in markets — Neptune Insurance Holdings jumped about 20% to $21.87 on March 13, signaling renewed investor appetite for digital insurance plays reported. That pop is a quick market read that buyers and partners still see scale and exit potential in InsurTech.
Trading volume spiked to roughly 925,000 shares on the March 13 move—more than double its prior average—while intraday trading ranged from about $18.52 to $21.93. ibtimes.com CEO Trevor Burgess purchased 50,000 shares on March 13 at an average price of $18.71, bringing his post-transaction holdings to about 2,082,964 shares. marketbeat.com Neptune reported fourth-quarter 2025 revenue of $43.77 million, up from $31.5 million a year earlier, and net income of $4.34 million for the quarter. marketscreener.com BMO Capital upgraded Neptune from Market Perform to Outperform on Feb. 13, 2026, while published price-target ranges for the stock span roughly $22.72 to $36.75 and the one-year average target sits near $29.32. fintel.io Neptune completed its IPO to trade on the NYSE on Oct. 1, 2025, pricing the offering at $20 per share with 18.42 million secondary shares sold and underwriters able to purchase up to an additional 2,763,157 shares. prnewswire.com The company operates as the parent of Neptune Flood, a data-driven managing general agent that sells flood policies—including limits reportedly up to $7 million—through a nationwide agency network. businesswire.com On IPO day sellers raised about $368.4 million and shares initially jumped, illustrating prior market appetite for Neptune’s distribution-and-data model and creating a larger public float for potential strategic partners and acquirers. insurancejournal.com
