Essent group SVP Gibbons sells $233k in shares

Published 15/08/2025, 03:04
Essent group SVP Gibbons sells $233k in shares

Essent Group Ltd (NYSE:ESNT) SVP and Chief Legal Officer Mary Lourdes Gibbons sold 3,760 common shares of the company on August 12, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $62.0, for a total transaction value of $233,120. The stock, which currently trades at $62.82 with a market capitalization of $6.19 billion, appears undervalued according to InvestingPro analysis.

Following the transaction, Gibbons directly owns 247,023 shares of Essent Group Ltd. The company maintains strong financial metrics, trading at an attractive P/E ratio of 9.06 and receiving a "GREAT" overall financial health score from InvestingPro, which has identified 10 additional key investment factors for ESNT. For detailed analysis, access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Essent Group reported second quarter earnings that surpassed analyst expectations, primarily due to strong credit performance and increased investment income. The mortgage insurance provider announced earnings of $1.93 per diluted share, which was significantly higher than the analyst estimate of $1.72. These developments highlight the company’s financial strength and operational efficiency. The positive earnings report is a key indicator for investors assessing the company’s current financial health. Essent Group’s performance in this quarter reflects its ability to navigate market conditions effectively. This news is part of the recent developments surrounding the company.

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