Hamilton insurance CEO, Megan Graves, sells $1.18 million in shares

Published 14/08/2025, 22:22
Hamilton insurance CEO, Megan Graves, sells $1.18 million in shares

Megan Jane Graves, CEO of Hamilton Re, a division of Hamilton Insurance Group, Ltd. (NYSE:HG), sold 50,000 shares of Class B Common Shares on August 13, 2025. The sale comes as InvestingPro data shows HG trading near its 52-week high, with the stock posting a strong 29% return over the past six months.

The shares were sold at a weighted average price of $23.7468, for a total value of $1.18 million. The prices for the sale ranged from $23.50 to $24.04. Following the transaction, Graves directly owns 104,674 shares of Hamilton Insurance Group, Ltd. With a P/E ratio of 6.46 and an overall financial health score rated as "GREAT" by InvestingPro, the $2.4B market cap insurer shows strong fundamentals. Get access to 10+ additional ProTips and comprehensive analysis in the Pro Research Report, available exclusively on InvestingPro.

In other recent news, Hamilton Insurance Group reported strong second-quarter earnings, with operating earnings per share of $1.55, surpassing both JMP Securities’ estimate of $1.09 and the consensus forecast of $1.05. The company achieved higher-than-expected net investment income of $149 million, driven by robust returns from the Two Sigma Hamilton Fund. Following these results, JMP Securities raised its price target for Hamilton Insurance Group to $29.00, maintaining a Market Outperform rating. Similarly, Keefe, Bruyette & Woods increased its price target to $27.00, citing lower interest expenses and improved investment earnings.

Hamilton Insurance Group also announced key executive appointments, including Russ Buckley as Group Chief Risk Officer and Raymond Karrenbauer as Group Chief Information Officer. Buckley will oversee the company’s risk and actuarial functions, reporting directly to CEO Pina Albo. Karrenbauer, effective September 15, 2025, will lead the company’s information technology strategy, taking over from Venkat Krishnamoorthy. These developments reflect Hamilton Insurance Group’s strategic moves to strengthen its leadership team and capitalize on its recent financial performance.

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