T. Rowe Price Investment Management, Inc. Reports New 5.0% Stake in Neptune Insurance Holding

On May 15, 2026, T. Rowe Price Investment Management, Inc. filed a Schedule 13G regarding its holdings in Neptune Insurance Holding (NP). The filing reveals that as of March 31, 2026, the firm has acquired a 5.0% ownership stake in the company, representing 4,741,163 shares of Class A Common Stock. This is an increase from a previous position of 0.0%, marking a new significant holding for the investment manager. According to the filing, T. Rowe Price Investment Management, Inc. holds sole dispositive power over all 4,741,163 shares and sole voting power over 4,731,068 shares. The securities were acquired in the ordinary course of business and not with the intent to change or influence control of the issuer. The reporting person is a Maryland-based investment adviser. The total value of the position is estimated at approximately $132.75 million based on current data. This filing confirms the firm's status as a passive institutional investor in Neptune Insurance Holding.