Insider Selling: Enstar Group Limited (NASDAQ:ESGR) Director Sells 484 Shares of Stock

Enstar Group Limited (NASDAQ:ESGR - Get Free Report) Director Hiteshkumar R. Patel sold 484 shares of Enstar Group stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $332.17, for a total value of $160,770.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Enstar Group Trading Up 0.1 %

Shares of ESGR traded up $0.18 during mid-day trading on Monday, reaching $332.23. The company had a trading volume of 61,948 shares, compared to its average volume of 87,558. Enstar Group Limited has a fifty-two week low of $275.02 and a fifty-two week high of $348.48. The firm has a fifty day simple moving average of $329.89 and a 200-day simple moving average of $325.58. The stock has a market cap of $4.95 billion, a price-to-earnings ratio of 5.03 and a beta of 0.61. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.33.

Enstar Group (NASDAQ:ESGR - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The insurance provider reported $17.01 earnings per share for the quarter. The business had revenue of $240.00 million for the quarter. Enstar Group had a return on equity of 17.33% and a net margin of 73.26%.

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Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Enstar Group in a research note on Thursday. They set a "hold" rating for the company.

Hedge Funds Weigh In On Enstar Group

Hedge funds have recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Enstar Group by 2.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,779 shares of the insurance provider's stock valued at $573,000 after buying an additional 43 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Enstar Group during the fourth quarter worth $354,000. Credit Industriel ET Commercial purchased a new position in shares of Enstar Group in the fourth quarter valued at $5,383,000. Public Employees Retirement System of Ohio increased its stake in Enstar Group by 104.0% during the 4th quarter. Public Employees Retirement System of Ohio now owns 18,307 shares of the insurance provider's stock worth $5,896,000 after buying an additional 9,335 shares during the period. Finally, Vise Technologies Inc. boosted its position in Enstar Group by 49.4% in the 4th quarter. Vise Technologies Inc. now owns 1,961 shares of the insurance provider's stock valued at $632,000 after buying an additional 648 shares during the last quarter. Hedge funds and other institutional investors own 81.01% of the company's stock.

About Enstar Group

Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios in run-off in Bermuda and internationally. It engages in the run-off property and casualty; other reinsurance; life and catastrophe; and legacy underwriting businesses; as well as investment activities. The company also provides consulting services, including claims inspection, claims validation, reinsurance asset collection, syndicate management, and IT consulting services to the insurance and reinsurance industry.