Essent Group Ltd (NYSE:ESNT) Director Andrew Turnbull sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $46.00, for a total value of $230,000.00. Following the transaction, the director now directly owns 24,596 shares of the company’s stock, valued at approximately $1,131,416. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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

  • On Monday, December 4th, Andrew Turnbull sold 15,813 shares of Essent Group stock. The shares were sold at an average price of $45.62, for a total value of $721,389.06.
  • On Friday, December 1st, Andrew Turnbull sold 10,000 shares of Essent Group stock. The shares were sold at an average price of $45.00, for a total value of $450,000.00.

Shares of Essent Group Ltd (NYSE:ESNT) traded up $0.17 during trading hours on Friday, hitting $45.72. The stock had a trading volume of 931,800 shares, compared to its average volume of 691,214. Essent Group Ltd has a 12-month low of $31.33 and a 12-month high of $46.15. The company has a market cap of $4,500.00, a price-to-earnings ratio of 15.23, a P/E/G ratio of 1.48 and a beta of 1.15.

Essent Group (NYSE:ESNT) last announced its earnings results on Thursday, November 9th. The financial services provider reported $0.82 earnings per share (EPS) for the quarter, topping the 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 firm had revenue of $150.20 million during the quarter, compared to analyst estimates of $143.79 million. During the same quarter in the prior year, the company earned $0.65 EPS. The business’s revenue was up 23.9% compared to the same quarter last year. research analysts predict that Essent Group Ltd will post 3.08 earnings per share for the current year.

ESNT has been the subject of several research reports. Zacks Investment Research lowered Essent Group from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $44.00 target price on shares of Essent Group in a research report on Thursday, October 12th. Deutsche Bank lowered Essent Group from a “buy” rating to a “hold” rating and set a $49.00 target price for the company. in a research report on Friday, November 3rd. BidaskClub lowered Essent Group from a “buy” rating to a “hold” rating in a research report on Wednesday, November 1st. Finally, BTIG Research raised Essent Group from a “neutral” rating to a “buy” rating and set a $44.00 target price for the company in a research report on Tuesday, September 12th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $45.78.

Several institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in shares of Essent Group by 9.1% in the 2nd quarter. Vanguard Group Inc. now owns 7,826,998 shares of the financial services provider’s stock worth $290,695,000 after buying an additional 655,163 shares during the last quarter. Alliancebernstein L.P. grew its stake in shares of Essent Group by 18.7% in the 2nd quarter. Alliancebernstein L.P. now owns 3,755,887 shares of the financial services provider’s stock worth $139,494,000 after buying an additional 592,824 shares during the last quarter. Victory Capital Management Inc. grew its stake in shares of Essent Group by 57.7% in the 3rd quarter. Victory Capital Management Inc. now owns 2,351,264 shares of the financial services provider’s stock worth $95,226,000 after buying an additional 860,300 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its stake in shares of Essent Group by 3.8% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,595,288 shares of the financial services provider’s stock worth $59,249,000 after buying an additional 58,836 shares during the last quarter. Finally, Capital World Investors grew its stake in shares of Essent Group by 25.1% in the 2nd quarter. Capital World Investors now owns 1,419,000 shares of the financial services provider’s stock worth $52,702,000 after buying an additional 285,000 shares during the last quarter. Institutional investors own 85.83% of the company’s stock.

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Essent Group Company Profile

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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