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In a recent transaction, Christine LaSala, a director at James River Group Holdings, Ltd. (NASDAQ:JRVR), purchased 29,125 common shares of the company. The shares were acquired on May 19, 2025, at a weighted average price of $5.23 per share, resulting in a total transaction value of approximately $152,210. The purchase comes as the stock has shown strong momentum, gaining over 10% in the past week. According to InvestingPro analysis, the stock currently appears undervalued based on its Fair Value assessment.
Following this acquisition, LaSala’s total ownership in the company increased to 60,758 shares. The purchase was executed in multiple transactions, with prices ranging from $5.14 to $5.40 per share. With a market capitalization of $246 million and analyst price targets ranging from $5 to $8, investors seeking deeper insights can access comprehensive insider trading analysis and 13 additional ProTips through InvestingPro’s detailed research reports.
In other recent news, James River Group Holdings reported first-quarter operating earnings per share of $0.19, falling short of JMP Securities’ estimate of $0.32 and the consensus estimate of $0.27. The company’s expense ratio and net investment income were below expectations, with the expense ratio at 33% and net investment income totaling $20 million. James River Group announced a leadership change in its Excess and Surplus Lines segment, appointing Todd Sutherland as President, succeeding Richard Schmitzer, who will retire in 2025. Additionally, the company disclosed a minor $483,625 adjustment to a previous transaction’s closing purchase price after resolving a dispute related to the sale of JRG Reinsurance Company Ltd.
Shareholders have expressed concern over significant management bonuses amid a 59% decline in share price and a 30% drop in book value. The decision to reduce the annual cash dividend from $0.20 to $0.05 per share has also drawn criticism. Meanwhile, Keefe, Bruyette & Woods lowered their price target for James River Group stock to $5.00 from $6.00, maintaining a Market Perform rating. The revised target reflects anticipated challenges such as slower premium growth and rising expense ratios, despite a forecasted decrease in core loss ratios.
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