Arch capital director Posner buys $17,338 in depositary shares

Published 04/08/2025, 21:30
Arch capital director Posner buys $17,338 in depositary shares

Director Brian S. Posner of Arch Capital Group LTD (NASDAQ:ACGL), a prominent $33 billion insurance industry player, acquired 1,000 Depositary Shares, Series G, at a price of $17.338 on August 1, 2025. The total value of the purchase was $17,338. According to InvestingPro analysis, the company maintains a "GREAT" financial health score and appears undervalued at its current trading price of $88.51.

Following the transaction, Posner directly owns 5,000 Depositary Shares, Series G, of Arch Capital Group LTD. He also directly owns 120,104 Common Shares and 3,000 Depositary Shares, Series F. InvestingPro subscribers can access 8 additional key insights about ACGL, including detailed analysis of its strong historical returns and comprehensive financial metrics in the Pro Research Report.

In other recent news, Arch Capital Group reported second-quarter earnings that exceeded analyst expectations, driven by strong underwriting performance across its insurance, reinsurance, and mortgage segments. The company posted adjusted earnings of $2.58 per share, surpassing the analyst consensus of $2.30. Revenue reached $4.35 billion, slightly above the $4.34 billion estimate, and the company achieved a 22.9% annualized net income return on average common equity. Following these results, JMP Securities reiterated its Market Outperform rating on Arch Capital, maintaining a price target of $125.00. JMP considers Arch Capital a "best-in-class company" deserving of a premium valuation due to its consistently strong operating results and proactive cycle management. The price target set by JMP represents 1.8 times forward book value and approximately 14 times 2026 estimated earnings per share. These developments highlight Arch Capital’s robust financial performance and positive outlook from analysts.

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