Rep. Gilbert Ray Cisneros, Jr. Sells W.R. Berkley Corporation (NYSE:WRB) Stock

Posted by ABMN Staff on Feb 22nd, 2026

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of W.R. Berkley Corporation (NYSE:WRB). In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in W.R. Berkley stock on January 6th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 2/3/2026.
Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 2/3/2026.
Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/3/2026.
Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 2/3/2026.
Purchased $1,001 – $15,000 in shares of Banco Santander (NYSE:SAN) on 2/3/2026.
Purchased $1,001 – $15,000 in shares of Leonardo (OTCMKTS:FINMF) on 2/3/2026.
Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/30/2026.
Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 1/30/2026.
Purchased $1,001 – $15,000 in shares of Cloudflare (NYSE:NET) on 1/30/2026.
Purchased $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 1/30/2026.

W.R. Berkley Trading Up 1.1%

Shares of WRB opened at $71.08 on Friday. W.R. Berkley Corporation has a twelve month low of $60.20 and a twelve month high of $78.96. The firm has a market capitalization of $27.01 billion, a P/E ratio of 15.97, a price-to-earnings-growth ratio of 2.97 and a beta of 0.37. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.29. The stock’s fifty day simple moving average is $69.40 and its 200 day simple moving average is $72.18.

W.R. Berkley (NYSE:WRB – Get Free Report) last announced its quarterly earnings results on Monday, January 26th. The insurance provider reported $1.13 EPS for the quarter, missing the consensus estimate of $1.14 by ($0.01). The firm had revenue of $3.18 billion for the quarter, compared to analyst estimates of $3.18 billion. W.R. Berkley had a return on equity of 18.35% and a net margin of 12.10%.The business’s revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.13 earnings per share. On average, equities research analysts forecast that W.R. Berkley Corporation will post 4.33 earnings per share for the current year.

W.R. Berkley Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Monday, February 23rd will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Monday, February 23rd. W.R. Berkley’s dividend payout ratio is presently 8.09%.

Insider Activity

In related news, major shareholder Sumitomo Insurance Co L. Mitsui purchased 160,582 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The shares were purchased at an average cost of $70.80 per share, with a total value of $11,369,205.60. Following the completion of the acquisition, the insider directly owned 57,668,620 shares of the company’s stock, valued at approximately $4,082,938,296. The trade was a 0.28% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have acquired a total of 8,822,032 shares of company stock valued at $608,511,512 in the last three months. 23.30% of the stock is currently owned by insiders.

Hedge Funds Weigh In On W.R. Berkley

Institutional investors have recently added to or reduced their stakes in the company. Mitsui Sumitomo Insurance Co. Ltd. purchased a new stake in shares of W.R. Berkley during the fourth quarter worth about $3,542,919,000. Jefferies Financial Group Inc. acquired a new stake in W.R. Berkley during the 3rd quarter valued at approximately $682,816,000. Norges Bank purchased a new stake in W.R. Berkley during the 4th quarter worth approximately $435,752,000. Balyasny Asset Management L.P. raised its position in shares of W.R. Berkley by 6,503.1% in the 2nd quarter. Balyasny Asset Management L.P. now owns 2,561,230 shares of the insurance provider’s stock valued at $188,174,000 after purchasing an additional 2,601,230 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of W.R. Berkley by 35,572.5% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,219,902 shares of the insurance provider’s stock valued at $155,660,000 after buying an additional 2,213,679 shares during the last quarter. Institutional investors and hedge funds own 68.82% of the company’s stock.

W.R. Berkley News Summary

Here are the key news stories impacting W.R. Berkley this week:

Positive Sentiment: Sumitomo Insurance (a >10% holder) bought two blocks of WRB stock this week — 345,000 shares on Feb. 19 and 160,582 shares on Feb. 20 — representing roughly $35.7M of purchases at about $70.65–$70.80 per share. Large, repeat buying by a major shareholder is a clear vote of confidence and likely the primary driver of today’s uptick. Insider Buy Filing
Positive Sentiment: Zacks Research raised Q4 EPS estimates for WRB, which supports the earnings outlook and reduces downside risk from near-term results. Upward estimate revisions can boost sentiment ahead of upcoming reports. Zacks Lifts Estimates
Positive Sentiment: Market commentary that WRB’s chances of S&P 500 inclusion may be rising has drawn attention; inclusion would likely increase passive fund demand if it occurs. S&P Inclusion Story
Neutral Sentiment: WRB declared a small quarterly dividend of $0.09 (annualized $0.36, ~0.5% yield) with an ex-dividend date of Feb. 23 and pay date Mar. 4 — supportive for income investors but not a major catalyst. Dividend & Stock Summary
Negative Sentiment: Analyst coverage is mixed: several price-target cuts and a consensus “Hold” rating (consensus target ~$69.7) could limit upside even as some firms keep buy ratings. Recent target downgrades (e.g., Barclays, Mizuho) are a headwind to sustained rallies. Analyst Notes

Analysts Set New Price Targets

WRB has been the topic of several research reports. Morgan Stanley set a $73.00 price target on shares of W.R. Berkley in a report on Wednesday, January 28th. Truist Financial set a $80.00 target price on shares of W.R. Berkley and gave the company a “buy” rating in a research note on Tuesday, January 27th. Keefe, Bruyette & Woods lifted their target price on shares of W.R. Berkley from $73.00 to $76.00 and gave the company a “market perform” rating in a report on Tuesday, January 6th. Wells Fargo & Company lowered their price target on W.R. Berkley from $68.00 to $66.00 and set an “equal weight” rating for the company in a report on Tuesday, January 27th. Finally, Argus reduced their price objective on W.R. Berkley from $82.00 to $76.00 and set a “buy” rating on the stock in a research note on Monday, February 2nd. Four equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $69.67.

View Our Latest Research Report on W.R. Berkley

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About W.R. Berkley

(Get Free Report)

W. R. Berkley Corporation (NYSE: WRB) is a publicly traded insurance holding company that underwrites and sells commercial property and casualty insurance, specialty insurance products, and reinsurance. Headquartered in Greenwich, Connecticut, the company operates a portfolio of underwriting businesses that focus on niche and specialty commercial risks, offering coverage tailored to industries such as transportation, construction, professional services and other commercial lines.

The company’s product mix includes primary and excess casualty, property, professional liability, environmental and other specialty lines, together with treaty and facultative reinsurance solutions.