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Selective Insurance Group (NASDAQ:SIGI) President and CEO John J. Marchioni acquired 3,200 shares of common stock on July 28, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were purchased at a price of $77.89, totaling $249,248. The purchase comes as the stock has declined nearly 14% over the past week, with InvestingPro analysis indicating the stock is currently trading below its Fair Value.
Following the transaction, Marchioni directly owns 15,089.796 shares and indirectly owns 139,775 shares through a trust. The company has maintained dividend payments for 51 consecutive years, with a current yield of 1.94%. InvestingPro subscribers can access 8 additional key insights about SIGI, including detailed financial health metrics and growth forecasts.
In other recent news, Selective Insurance Group, Inc. reported its second-quarter earnings, which fell short of analyst expectations. The company announced a non-GAAP operating income of $1.31 per diluted share, missing the anticipated $1.50 per share. Revenue for the quarter reached $1.28 billion, below the consensus forecast of $1.33 billion. Despite the earnings miss, these figures reflect a significant improvement from the same period last year, when Selective Insurance reported a loss of $1.10 per share. These developments come amid ongoing evaluations from analysts and investors. The recent earnings report highlights the company’s financial trajectory over the past year. As investors digest these results, the company’s future performance remains under review by financial analysts.
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