Arch Capital Group (NASDAQ:ACGL) Sets New 1-Year Low - Time to Sell?

Arch Capital Group Ltd. (NASDAQ:ACGL - Get Free Report)'s stock price hit a new 52-week low during trading on Monday . The stock traded as low as $82.49 and last traded at $83.38, with a volume of 240434 shares changing hands. The stock had previously closed at $87.83.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. upped their price target on shares of Arch Capital Group from $106.00 to $107.00 and gave the stock a "neutral" rating in a report on Tuesday. Wells Fargo & Company decreased their target price on Arch Capital Group from $107.00 to $106.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 12th. Morgan Stanley lowered their price target on Arch Capital Group from $115.00 to $110.00 and set an "overweight" rating on the stock in a report on Friday, February 14th. Keefe, Bruyette & Woods cut their price objective on Arch Capital Group from $120.00 to $113.00 and set an "outperform" rating for the company in a report on Thursday, February 13th. Finally, JMP Securities reaffirmed a "market outperform" rating and issued a $125.00 target price on shares of Arch Capital Group in a research note on Tuesday, February 11th. Six equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $114.88.

Arch Capital Group Trading Up 1.7 %

The firm's 50-day simple moving average is $91.52 and its 200-day simple moving average is $96.51. The firm has a market capitalization of $34.61 billion, a PE ratio of 8.23, a price-to-earnings-growth ratio of 2.31 and a beta of 0.36. The company has a quick ratio of 0.58, a current ratio of 0.54 and a debt-to-equity ratio of 0.15.

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Arch Capital Group (NASDAQ:ACGL - Get Free Report) last released its earnings results on Monday, February 10th. The insurance provider reported $2.26 earnings per share for the quarter, beating analysts' consensus estimates of $1.90 by $0.36. Arch Capital Group had a return on equity of 17.96% and a net margin of 24.73%. During the same period last year, the firm posted $2.45 earnings per share. Equities analysts expect that Arch Capital Group Ltd. will post 8.42 earnings per share for the current year.

Insider Activity

In related news, insider Louis T. Petrillo sold 11,600 shares of Arch Capital Group stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $91.00, for a total value of $1,055,600.00. Following the transaction, the insider now directly owns 140,023 shares of the company's stock, valued at $12,742,093. The trade was a 7.65 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 4.10% of the company's stock.

Institutional Investors Weigh In On Arch Capital Group

A number of large investors have recently added to or reduced their stakes in ACGL. Capital A Wealth Management LLC purchased a new stake in shares of Arch Capital Group during the fourth quarter worth about $25,000. Cullen Frost Bankers Inc. bought a new position in Arch Capital Group during the 4th quarter valued at approximately $37,000. Golden State Wealth Management LLC purchased a new stake in Arch Capital Group in the 4th quarter worth approximately $42,000. Y.D. More Investments Ltd grew its position in shares of Arch Capital Group by 125.6% in the 4th quarter. Y.D. More Investments Ltd now owns 467 shares of the insurance provider's stock worth $43,000 after buying an additional 260 shares during the last quarter. Finally, Quarry LP purchased a new position in shares of Arch Capital Group during the fourth quarter valued at approximately $58,000. Institutional investors own 89.07% of the company's stock.

About Arch Capital Group

Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella liability, as well as commercial automobile and inland marine products.