Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Arch Capital Group Ltd. NASDAQ: ACGL. In a filing disclosed on March 27th, the Representative disclosed that they had sold between $1,001 and $15,000 in Arch Capital Group stock on February 25th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.
Representative Robert Bresnahan, Jr. also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 3/7/2025.
- Sold $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 3/6/2025.
- Purchased $1,001 - $15,000 in shares of SEA NYSE: SE on 3/5/2025.
- Sold $1,001 - $15,000 in shares of Credo Technology Group NASDAQ: CRDO on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Twilio NYSE: TWLO on 3/4/2025.
- Sold $15,001 - $50,000 in shares of Alibaba Group NYSE: BABA on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Zoom Video Communications NASDAQ: ZM on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 3/3/2025.
- Purchased $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 3/3/2025.
Arch Capital Group Stock Up 0.1 %
Shares of NASDAQ ACGL traded up $0.11 during mid-day trading on Wednesday, hitting $96.25. 389,604 shares of the stock traded hands, compared to its average volume of 1,829,209. The company has a market cap of $36.16 billion, a price-to-earnings ratio of 8.59, a PEG ratio of 2.31 and a beta of 0.62. The stock has a fifty day moving average price of $92.19 and a 200-day moving average price of $97.88. Arch Capital Group Ltd. has a 52 week low of $87.42 and a 52 week high of $116.47. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.58 and a current ratio of 0.54.
Arch Capital Group (NASDAQ:ACGL - Get Free Report) last announced its earnings results on Monday, February 10th. The insurance provider reported $2.26 EPS for the quarter, beating analysts' consensus estimates of $1.90 by $0.36. Arch Capital Group had a net margin of 24.73% and a return on equity of 17.96%. During the same quarter in the previous year, the firm posted $2.45 EPS. Research analysts anticipate that Arch Capital Group Ltd. will post 8.42 EPS for the current year.
Insider Activity
In related news, insider Louis T. Petrillo sold 11,600 shares of the company's 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 completion of the transaction, the insider now owns 140,023 shares of the company's stock, valued at approximately $12,742,093. This represents a 7.65 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 4.20% of the company's stock.
Analysts Set New Price Targets
A number of equities analysts have weighed in on ACGL shares. Royal Bank of Canada decreased their target price on shares of Arch Capital Group from $125.00 to $110.00 and set an "outperform" rating for the company in a research note on Wednesday, February 12th. JPMorgan Chase & Co. reduced their price objective on Arch Capital Group from $110.00 to $106.00 and set a "neutral" rating for the company in a research report on Friday, January 3rd. Morgan Stanley dropped their target price 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. Barclays reduced their price target on Arch Capital Group from $120.00 to $100.00 and set an "equal weight" rating for the company in a report on Monday, January 6th. Finally, JMP Securities reiterated a "market outperform" rating and issued a $125.00 price target 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 assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $117.19.
Get Our Latest Stock Report on Arch Capital Group
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of ACGL. Quantbot Technologies LP bought a new stake in Arch Capital Group during the third quarter valued at approximately $25,000. Capital A Wealth Management LLC bought a new stake in shares of Arch Capital Group during the 4th quarter valued at $25,000. Cullen Frost Bankers Inc. purchased a new stake in shares of Arch Capital Group in the 4th quarter worth $37,000. Golden State Wealth Management LLC bought a new position in Arch Capital Group in the 4th quarter worth $42,000. Finally, Y.D. More Investments Ltd raised its holdings in 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 purchasing an additional 260 shares during the period. Institutional investors own 89.07% of the company's stock.
About Representative Bresnahan
Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election.
Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.
Arch Capital Group Company Profile
(
Get Free Report)
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.
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