Neptune Insurance Holdings(US:NP) Financial Modeling Prepยท2025-10-01 20:03Company Overview - Neptune Insurance Holdings Inc. is a flood insurance provider making its debut on the New York Stock Exchange (NYSE) under the ticker symbol NP, offering 18.4 million shares with an initial price range of $18.00 to $20.00 [1][5] IPO Details - The company successfully raised $368 million through its initial public offering (IPO), pricing its shares within the marketed range, indicating strong investor interest [2][5] - The capital raised is expected to support Neptune's growth initiatives and enhance its competitive position in the flood insurance market [2] Stock Performance - Currently, NP's stock price is at $31.70, reflecting a decrease of 5.29% or $1.77, with a trading range of $32.95 to $31.05 during the trading day [3] - The stock's volatility is typical for newly listed companies as the market adjusts to its valuation [5] Trading Activity - The trading volume for NYSE:NP is 477,295 shares, indicating active engagement from both institutional and retail investors [4]