Essent Group Ltd (NYSE:ESNT) Director Andrew Turnbull sold 15,813 shares of Essent Group stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $45.62, for a total value of $721,389.06. Following the completion of the sale, the director now owns 45,409 shares in the company, valued at $2,071,558.58. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Andrew Turnbull also recently made the following trade(s):

  • On Friday, December 1st, Andrew Turnbull sold 10,000 shares of Essent Group stock. The stock was sold at an average price of $45.00, for a total value of $450,000.00.

Essent Group Ltd (NYSE ESNT) traded up $0.02 during midday trading on Tuesday, hitting $45.54. The company had a trading volume of 810,957 shares, compared to its average volume of 691,037. Essent Group Ltd has a one year low of $31.33 and a one year high of $46.15. The company has a market capitalization of $4,480.00, a price-to-earnings ratio of 15.07, a PEG ratio of 1.46 and a beta of 1.15.

Essent Group (NYSE:ESNT) last released its quarterly earnings results on Thursday, November 9th. The financial services provider reported $0.82 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.75 by $0.07. Essent Group had a return on equity of 18.55% and a net margin of 51.64%. The company had revenue of $150.20 million for the quarter, compared to analyst estimates of $143.79 million. During the same period in the previous year, the company posted $0.65 earnings per share. The firm’s revenue was up 23.9% on a year-over-year basis. equities analysts expect that Essent Group Ltd will post 3.08 EPS for the current fiscal year.

ESNT has been the topic of several research reports. Wells Fargo & Company initiated coverage on Essent Group in a research report on Tuesday, November 28th. They set an “outperform” rating and a $52.00 price target on the stock. ValuEngine lowered Essent Group from a “strong-buy” rating to a “buy” rating in a research report on Friday. Barclays restated a “buy” rating on shares of Essent Group in a research report on Wednesday, August 9th. Deutsche Bank lifted their price target on Essent Group from $42.00 to $48.00 and gave the company a “buy” rating in a research report on Tuesday, August 8th. Finally, Zacks Investment Research lowered Essent Group from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Essent Group currently has a consensus rating of “Buy” and an average price target of $45.78.

Large investors have recently made changes to their positions in the business. Fortaleza Asset Management Inc. purchased a new position in Essent Group during the third quarter valued at $112,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Essent Group by 10.1% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,145 shares of the financial services provider’s stock valued at $117,000 after buying an additional 288 shares during the last quarter. Teacher Retirement System of Texas purchased a new position in Essent Group during the second quarter valued at $208,000. Nine Chapters Capital Management LLC purchased a new position in Essent Group during the third quarter valued at $219,000. Finally, GSA Capital Partners LLP purchased a new position in Essent Group during the second quarter valued at $243,000. Institutional investors and hedge funds own 85.83% of the company’s stock.

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About Essent Group

Essent Group Ltd. is a private mortgage insurance company. The Company is engaged in offering private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. Its products and services include mortgage insurance, contract underwriting, and Bermuda-based insurance and reinsurance.

Insider Buying and Selling by Quarter for Essent Group (NYSE:ESNT)

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