Arch Capital Group Ltd. (NASDAQ:ACGL) CFO Mark Donald Lyons sold 5,500 shares of the business’s stock in a transaction on Monday, December 11th. The shares were sold at an average price of $92.04, for a total value of $506,220.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Arch Capital Group Ltd. (NASDAQ:ACGL) traded up $0.56 during midday trading on Tuesday, hitting $92.57. The stock had a trading volume of 498,100 shares, compared to its average volume of 460,104. The stock has a market capitalization of $12,041.72, a PE ratio of 30.98, a PEG ratio of 2.59 and a beta of 0.67. Arch Capital Group Ltd. has a one year low of $84.21 and a one year high of $102.60. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.83 and a current ratio of 0.83.

Arch Capital Group (NASDAQ:ACGL) last announced its quarterly earnings results on Wednesday, October 25th. The insurance provider reported ($0.79) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.59) by ($0.20). The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Arch Capital Group had a negative net margin of 3.12% and a negative return on equity of 2.77%. Arch Capital Group’s revenue for the quarter was up 30.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.14 earnings per share. analysts predict that Arch Capital Group Ltd. will post 3.23 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently made changes to their positions in ACGL. Citadel Advisors LLC grew its position in shares of Arch Capital Group by 1,388.0% in the second quarter. Citadel Advisors LLC now owns 2,088,015 shares of the insurance provider’s stock valued at $194,792,000 after purchasing an additional 1,947,691 shares in the last quarter. Janus Henderson Group PLC grew its position in shares of Arch Capital Group by 5,723.3% in the second quarter. Janus Henderson Group PLC now owns 1,074,932 shares of the insurance provider’s stock valued at $100,280,000 after purchasing an additional 1,056,473 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Arch Capital Group by 7.7% in the second quarter. Vanguard Group Inc. now owns 10,331,707 shares of the insurance provider’s stock valued at $963,845,000 after purchasing an additional 742,855 shares in the last quarter. FMR LLC grew its position in shares of Arch Capital Group by 21.0% in the second quarter. FMR LLC now owns 2,294,852 shares of the insurance provider’s stock valued at $214,087,000 after purchasing an additional 398,988 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in shares of Arch Capital Group by 32.6% in the second quarter. Goldman Sachs Group Inc. now owns 1,609,474 shares of the insurance provider’s stock valued at $150,148,000 after purchasing an additional 395,629 shares in the last quarter. Institutional investors own 79.50% of the company’s stock.

Several analysts have issued reports on ACGL shares. Barclays boosted their target price on Arch Capital Group from $91.00 to $95.00 and gave the company an “equal weight” rating in a research note on Monday, October 16th. UBS lowered their target price on Arch Capital Group from $114.00 to $110.00 and set a “buy” rating on the stock in a research note on Tuesday, September 19th. Zacks Investment Research lowered Arch Capital Group from a “hold” rating to a “sell” rating in a research note on Tuesday, September 26th. Royal Bank of Canada restated a “buy” rating and issued a $113.00 target price on shares of Arch Capital Group in a research note on Friday, October 27th. Finally, Buckingham Research started coverage on Arch Capital Group in a research note on Monday, September 11th. They issued a “buy” rating and a $106.00 target price on the stock. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. Arch Capital Group has an average rating of “Hold” and an average target price of $100.80.

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About Arch Capital Group

Arch Capital Group Ltd. provides insurance, reinsurance and mortgage insurance. The Company provides a range of property, casualty and mortgage insurance and reinsurance lines. The Company operates in five segments: insurance, reinsurance, mortgage, other and corporate. The insurance segment’s product lines include construction and national accounts; excess and surplus casualty; lenders products; professional lines; programs; property, energy, marine and aviation; travel, accident and health, and other.

Insider Buying and Selling by Quarter for Arch Capital Group (NASDAQ:ACGL)

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