Enstar Group Limited (NASDAQ:ESGR) Shares Sold by Dark Forest Capital Management LP

Dark Forest Capital Management LP decreased its position in shares of Enstar Group Limited (NASDAQ:ESGR - Free Report) by 40.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,148 shares of the insurance provider's stock after selling 2,802 shares during the quarter. Dark Forest Capital Management LP's holdings in Enstar Group were worth $1,336,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. NewEdge Advisors LLC increased its stake in shares of Enstar Group by 17.1% during the 4th quarter. NewEdge Advisors LLC now owns 212 shares of the insurance provider's stock worth $68,000 after purchasing an additional 31 shares in the last quarter. Summit Investment Advisors Inc. raised its holdings in shares of Enstar Group by 3.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 1,325 shares of the insurance provider's stock worth $427,000 after acquiring an additional 42 shares during the last quarter. Xponance Inc. boosted its stake in shares of Enstar Group by 9.5% during the fourth quarter. Xponance Inc. now owns 910 shares of the insurance provider's stock valued at $293,000 after acquiring an additional 79 shares during the last quarter. Swiss National Bank raised its stake in Enstar Group by 0.4% in the 4th quarter. Swiss National Bank now owns 23,900 shares of the insurance provider's stock valued at $7,697,000 after purchasing an additional 100 shares during the last quarter. Finally, KBC Group NV boosted its stake in shares of Enstar Group by 39.7% during the 4th quarter. KBC Group NV now owns 482 shares of the insurance provider's stock worth $155,000 after purchasing an additional 137 shares during the last quarter. Institutional investors and hedge funds own 81.01% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Enstar Group in a research note on Saturday, April 5th. They issued a "hold" rating for the company.

Insiders Place Their Bets

In other Enstar Group news, Director Hiteshkumar R. Patel sold 484 shares of the company's stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $332.17, for a total value of $160,770.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 8.00% of the stock is owned by insiders.

Enstar Group Trading Up 0.0 %

ESGR traded up $0.09 during midday trading on Monday, hitting $334.16. The company's stock had a trading volume of 16,055 shares, compared to its average volume of 97,734. The firm has a market cap of $4.97 billion, a P/E ratio of 5.06 and a beta of 0.56. Enstar Group Limited has a 52-week low of $287.99 and a 52-week high of $348.48. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.33. The firm has a 50-day moving average price of $332.50 and a two-hundred day moving average price of $327.78.

Enstar Group (NASDAQ:ESGR - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The insurance provider reported $17.01 EPS for the quarter. The business had revenue of $240.00 million during the quarter. Enstar Group had a return on equity of 17.33% and a net margin of 73.26%.

Enstar Group Profile

Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios in run-off in Bermuda and internationally. It engages in the run-off property and casualty; other reinsurance; life and catastrophe; and legacy underwriting businesses; as well as investment activities. The company also provides consulting services, including claims inspection, claims validation, reinsurance asset collection, syndicate management, and IT consulting services to the insurance and reinsurance industry.