Bowhead Specialty (NYSE:BOW) Now Covered by Keefe, Bruyette & Woods

Keefe, Bruyette & Woods began coverage on shares of Bowhead Specialty (NYSE:BOW - Free Report) in a research report report published on Monday morning, Marketbeat reports. The firm issued a market perform rating and a $30.00 price target on the stock.

Bowhead Specialty Stock Performance

Bowhead Specialty stock traded up $0.33 during midday trading on Monday, reaching $26.02. The stock had a trading volume of 115,058 shares, compared to its average volume of 237,504. Bowhead Specialty has a 12 month low of $22.14 and a 12 month high of $27.49.

Insider Activity at Bowhead Specialty

In other news, CAO Shirley Shek Li Yap acquired 3,200 shares of the stock in a transaction that occurred on Tuesday, May 28th. The shares were acquired at an average cost of $17.00 per share, for a total transaction of $54,400.00. Following the purchase, the chief accounting officer now owns 14,964 shares of the company's stock, valued at approximately $254,388. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, insider David John Newman bought 26,815 shares of Bowhead Specialty stock in a transaction on Tuesday, May 28th. The stock was acquired at an average price of $20.36 per share, with a total value of $545,953.40. Following the acquisition, the insider now directly owns 49,344 shares of the company's stock, valued at $1,004,643.84. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Shirley Shek Li Yap bought 3,200 shares of Bowhead Specialty stock in a transaction on Tuesday, May 28th. The shares were bought at an average cost of $17.00 per share, with a total value of $54,400.00. Following the acquisition, the chief accounting officer now directly owns 14,964 shares in the company, valued at $254,388. The disclosure for this purchase can be found here. In the last three months, insiders have bought 100,839 shares of company stock worth $1,804,361.

Bowhead Specialty Company Profile

Bowhead Specialty Holdings Inc provides specialty property and casualty insurance products in the United States. It underwrites casualty insurance solutions for risks in the construction, distribution, heavy manufacturing, real estate, and hospitality segments; professional liability insurance solutions for financial institutions, private and public directors and officers liability insurance, errors and omissions liability insurance, and cyber segments; and healthcare solutions for hospitals, senior care providers, managed care organizations, miscellaneous medical facilities, and healthcare management liability segments.