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Validus Holdings (NYSE:VR) CEO Kean Driscoll sold 3,276 shares of the company’s stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $38.82, for a total transaction of $127,174.32. Following the sale, the chief executive officer now directly owns 152,257 shares of the company’s stock, valued at approximately $5,910,617. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

VR has been the subject of a number of recent research reports. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Validus Holdings from $42.00 to $44.00 in a research note on Wednesday, June 25th. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Validus Holdings in a research note on Thursday, May 1st. They now have a $45.00 price target on the stock. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $43.75.

Validus Holdings (NYSE:VR) traded down 0.57% on Wednesday, hitting $38.69. The stock had a trading volume of 327,107 shares. Validus Holdings has a 52-week low of $34.10 and a 52-week high of $40.71. The stock has a 50-day moving average of $37.76 and a 200-day moving average of $37.30. The company has a market cap of $3.513 billion and a price-to-earnings ratio of 8.40.

Validus Holdings (NYSE:VR) last posted its quarterly earnings results on Thursday, April 24th. The company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.51 by $0.15. During the same quarter in the previous year, the company posted $1.83 earnings per share. Analysts expect that Validus Holdings will post $5.03 EPS for the current fiscal year.

Validus Holdings, Ltd. is a holding company. The Company, through its subsidiaries, provides reinsurance coverage in the property, marine and specialty lines markets and insurance coverage in the same markets.

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