Stewart Information director buys shares worth $59,633

Published 29/05/2025, 21:10
Stewart Information director buys shares worth $59,633

Bradley C. Allen Jr., a director at Stewart Information Services Corp (NYSE:STC), has purchased 1,000 shares of the company’s common stock. The shares were acquired on May 28, 2025, at a weighted-average price of $59.633, totaling $59,633. Following this transaction, Allen’s direct ownership in the company increased to 20,243 shares. The purchase comes as the stock trades near its 52-week low of $58.61, with a current dividend yield of 3.3%. InvestingPro analysis shows the company maintains strong financial health with a current ratio of 1.65, indicating solid liquidity.

This transaction was executed in multiple trades, with share prices ranging from $59.62 to $59.75. Allen’s acquisition reflects his continued investment in Stewart Information Services (NASDAQ:III), a company providing real estate services and technology solutions. The company has maintained dividend payments for 23 consecutive years and shows a healthy Altman Z-Score of 4.15. Want deeper insights into insider trading patterns and comprehensive financial analysis? Access the full InvestingPro Research Report for STC.

In other recent news, Stewart Information Services reported its first-quarter financial results for 2025, revealing a mixed performance. The company achieved revenue of $612 million, surpassing the expected $603.55 million. However, earnings per share (EPS) fell short of projections, with an adjusted EPS of $0.25 compared to the forecasted $0.35. During the same period, Stewart held its Annual Meeting of Stockholders, where all ten director nominees were elected, and the executive compensation plan was approved. The shareholders also ratified KPMG LLP as the company’s independent auditor for the fiscal year ending December 31, 2025. Analysts from firms such as KBW and Stephens Inc. have raised questions about the company’s strategies amid challenging market conditions, including high-interest rates and potential regulatory changes. Despite these challenges, Stewart’s Title and Real Estate Solutions segments showed significant growth, with increases of 11% and 17% in operating revenues, respectively. Looking ahead, the company anticipates improved performance in the latter half of 2025, particularly in its commercial operations.

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