Bowhead Specialty Holdings Inc.
BOW · Fire, Marine & Casualty Insurance · 32.8M shares · +0%/yr ↓ buyback · EDGAR filings ↗
Reference price $30.66 · est. market cap ~$1.0B — last insider sale, 2025-08-08 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B73Bowhead Specialty — fast-growing specialty insurer (recent IPO).
Strengths
- Revenue +30% (76th pct), net income +41%; strong operating cash margin (91st) and FCF (84th)
- Disciplined casualty/healthcare/professional-lines underwriting
Risks
- Reserve adequacy in newer lines; catastrophe/cyclical exposure
- Newly public; growth-seasoning risk
Notable findings
- Strong balance sheetStrong balance sheet — $194M cash & investments
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Net margin
9.8%
Return on equity
12.0%
Return on assets
2.3%
Revenue growth (QoQ)
2.6%
Net-income growth
40.6%
Debt / equity
0.3×
Free cash flow
$326M
Tangible book value
$448M
Cash & investments
$194M
Stock comp / revenue
1.3%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-23 | Mulcahey Brad | Tax withheld | 1.0K | $28.30 |
| 2026-05-23 | Newman David John | Tax withheld | 2.1K | $28.30 |
| 2026-05-23 | Mulcahey Brad | Tax withheld | 3.5K | $28.30 |
| 2026-05-23 | Newman David John | Tax withheld | 4.5K | $28.30 |
| 2026-05-23 | Yap Shirley Shek Li | Tax withheld | 2.4K | $28.30 |
| 2026-05-23 | Yap Shirley Shek Li | Tax withheld | 679 | $23.80 |
| 2026-05-22 | Sills Stephen Jay | Tax withheld | 13K | $28.46 |
| 2026-05-22 | Sills Stephen Jay | Tax withheld | 24K | $28.46 |
| 2026-04-30 | Baker Tom | Grant | 3.4K | — |
| 2026-04-30 | Fondriest Fabian | Grant | 6.7K | — |
| 2026-04-30 | Holman David Clifford | Grant | 3.4K | — |
| 2026-04-30 | Brock-Kyle Angela | Grant | 6.7K | — |
| 2026-04-30 | Lowenstein Price | Grant | 3.4K | — |
| 2026-04-30 | FOY DAVID THOMAS | Grant | 3.4K | — |
| 2026-04-30 | Schnidman Ava | Grant | 3.4K | — |
| 2026-03-13 | Sills Stephen Jay | Gift | 120K | — |
| 2026-03-13 | Sills Stephen Jay | Gift | 120K | — |
| 2026-03-12 | Sills Stephen Jay | Gift | 1.5K | — |
| 2026-03-12 | Sills Stephen Jay | Gift | 7.7K | — |
| 2026-03-12 | Sills Stephen Jay | Gift | 1.5K | — |
| 2026-03-12 | Sills Stephen Jay | Gift | 1.5K | — |
| 2026-03-12 | Sills Stephen Jay | Gift | 1.5K | — |
| 2026-03-12 | Sills Stephen Jay | Gift | 1.5K | — |
| 2026-02-20 | Newman David John | Tax withheld | 1.4K | $24.90 |
| 2026-02-20 | Mulcahey Brad | Tax withheld | 1.3K | $24.90 |
| 2026-02-20 | Yap Shirley Shek Li | Tax withheld | 524 | $24.90 |
| 2026-02-20 | Sills Stephen Jay | Tax withheld | 5.4K | $24.90 |
| 2026-02-19 | Sills Stephen Jay | Grant | 89K | — |
| 2026-02-19 | Newman David John | Grant | 23K | — |
| 2026-02-19 | Mulcahey Brad | Grant | 25K | — |
| 2026-02-19 | Yap Shirley Shek Li | Grant | 9.8K | — |
| 2026-02-19 | Sills Stephen Jay | Grant | 91K | — |
| 2025-11-26 | Sills Stephen Jay | Gift | 75K | — |
| 2025-11-26 | Sills Stephen Jay | Gift | 75K | — |
| 2025-08-26 | Sills Stephen Jay | Gift | 65K | — |
| 2025-08-26 | Sills Stephen Jay | Gift | 163K | — |
| 2025-08-26 | Sills Stephen Jay | Gift | 98K | — |
| 2025-08-26 | Sills Stephen Jay | Gift | 65K | — |
| 2025-08-26 | Sills Stephen Jay | Gift | 163K | — |
| 2025-08-26 | Sills Stephen Jay | Gift | 98K | — |
| 2025-08-08 | Gallatin Point Capital LLC | Sell | 2.0M | $30.66 |
| 2025-08-08 | Botein Matthew | Sell | 2.0M | $30.66 |
| 2025-07-30 | Holman David Clifford | Grant | 2.4K | — |
| 2025-07-15 | Sills Stephen Jay | Gift | 1.1K | — |
| 2025-07-15 | Sills Stephen Jay | Gift | 12K | — |
| 2025-07-15 | Sills Stephen Jay | Gift | 1.1K | — |
| 2025-07-15 | Sills Stephen Jay | Gift | 1.1K | — |
| 2025-07-15 | Sills Stephen Jay | Gift | 1.1K | — |
| 2025-07-15 | Sills Stephen Jay | Gift | 1.1K | — |
| 2025-07-15 | Sills Stephen Jay | Gift | 6.7K | — |
| 2025-05-23 | Yap Shirley Shek Li | Tax withheld | 680 | $37.17 |
| 2025-05-23 | Mulcahey Brad | Tax withheld | 1.0K | $37.17 |
| 2025-05-23 | Newman David John | Tax withheld | 2.1K | $37.17 |
| 2025-05-22 | Sills Stephen Jay | Tax withheld | 12K | $38.08 |
| 2025-05-12 | Sills Stephen Jay | Gift | 72K | — |
| 2025-05-12 | Sills Stephen Jay | Gift | 72K | — |
| 2025-05-01 | Brock-Kyle Angela | Grant | 4.0K | — |
| 2025-05-01 | Schnidman Ava | Grant | 2.0K | — |
| 2025-05-01 | Brock-Kyle Angela | Grant | 4.0K | — |
| 2025-05-01 | Baker Tom | Grant | 2.0K | — |
| 2025-05-01 | FOY DAVID THOMAS | Grant | 2.0K | — |
| 2025-05-01 | Fondriest Fabian | Grant | 4.0K | — |
| 2025-02-28 | Schnidman Ava | Buy | 1.5K | $33.41 |
| 2025-02-21 | Mulcahey Brad | Grant | 18K | — |
| 2025-02-21 | Yap Shirley Shek Li | Grant | 7.7K | — |
| 2025-02-21 | Newman David John | Grant | 15K | — |
| 2025-02-21 | Sills Stephen Jay | Grant | 66K | — |
| 2025-02-21 | Sills Stephen Jay | Grant | 68K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-05 | Material agreementResultsShareholder voteReg FDExhibits | filing ↗ |
| 2026-02-24 | ResultsReg FDExhibits | filing ↗ |
| 2025-12-01 | Material agreementDebt obligationExhibits | filing ↗ |
| 2025-11-25 | Material agreement1.02Exhibits | filing ↗ |
| 2025-11-04 | ResultsReg FDExhibits | filing ↗ |
| 2025-10-02 | Exec/director change | filing ↗ |
| 2025-08-08 | OtherExhibits | filing ↗ |
| 2025-08-05 | ResultsReg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-Q | 2026-05-05 | 2026-03-31 | 0001628280-26-030616 ↗ |
| 8-K | 2026-05-05 | 2026-04-30 | 0001628280-26-030113 ↗ |
| 8-K | 2026-02-24 | 2026-02-24 | 0001628280-26-010866 ↗ |
| 10-K | 2026-02-24 | 2025-12-31 | 0001628280-26-011089 ↗ |
| 8-K | 2025-12-01 | 2025-11-26 | 0001628280-25-054482 ↗ |
| 8-K | 2025-11-25 | 2025-11-20 | 0001140361-25-043369 ↗ |
| 8-K | 2025-11-04 | 2025-11-04 | 0001628280-25-048522 ↗ |
| 10-Q | 2025-11-04 | 2025-09-30 | 0001628280-25-048878 ↗ |
| 8-K | 2025-10-02 | 2025-10-02 | 0001628280-25-043707 ↗ |
| 8-K | 2025-08-08 | 2025-08-08 | 0002002473-25-000063 ↗ |
| 10-Q | 2025-08-05 | 2025-06-30 | 0002002473-25-000061 ↗ |
| 8-K | 2025-08-05 | 2025-08-05 | 0002002473-25-000059 ↗ |