Hamilton insurance CEO sells shares worth $79,485

In a recent transaction, Adrian Joseph Daws, CEO of Hamilton Global Specialty, a division of Hamilton Insurance Group, Ltd. (NYSE:HG), sold 3,785 Class B common shares. The company, currently valued at $2.15 billion, has seen its stock surge 60% over the past year, trading near its 52-week high of $21.48. The sale, which took place on March 19, 2025, was executed at a price of $21 per share, amounting to a total transaction value of $79,485.

Following this transaction, Daws retains ownership of 199,923 shares, which includes restricted stock units. This move comes as part of a pre-arranged trading plan, often used by executives to manage their holdings in a structured manner. The transaction was disclosed in a Form 4 filing with the Securities and Exchange Commission.

In other recent news, Hamilton Insurance Group reported its Q4 2024 earnings, revealing an EPS of $0.32, which fell short of the forecasted $0.71. Despite this miss, the company experienced a 55% year-over-year growth in net income, highlighting a robust financial performance for 2024. Revenue for the year reached $543.94 million, significantly exceeding the forecast of $25.1 million. The company also reported a 24% increase in gross premiums written, totaling $2.4 billion. In light of these developments, JMP Securities analyst Matthew Carletti raised the price target for Hamilton Insurance Group to $27, maintaining a Market Outperform rating. Keefe, Bruyette & Woods analyst Tommy McJoynt also adjusted the firm’s outlook, increasing the price target to $25 while retaining an Outperform rating. These analyst updates reflect a mixed revision of the company’s earnings projections due to events like the California wildfires. Hamilton’s management has provided an initial estimate for the first-quarter losses from the LA wildfires, projecting a net impact of $120 million to $150 million.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.