13,150 Shares in Arch Capital Group Ltd. $ACGL Bought by Kavar Capital Partners Group LLC

Key Points

• Kavar Capital Partners Group LLC opened a new position in Arch Capital Group (NASDAQ: ACGL) in Q4, buying 13,150 shares worth about $1.26 million.
• Insider selling has been notable recently — insiders sold 78,267 shares valued at roughly $7.29 million over the past 90 days (including sales by David Gansberg and Maamoun Rajeh), and company insiders now own about 4.20% of the stock.
• Arch beat quarterly estimates with EPS of $2.98 (vs. $2.34) and revenue of $4.93 billion (vs. $3.94 billion); the stock trades at a P/E of 8.33 and carries a MarketBeat consensus rating of "Hold" with an average target of $109.20.

Kavar Capital Partners Group LLC bought a new stake in Arch Capital Group Ltd. (NASDAQ:ACGL - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 13,150 shares of the insurance provider's stock, valued at approximately $1,261,000.

Several other large investors also recently modified their holdings of ACGL. Bridges Investment Management Inc. bought a new stake in shares of Arch Capital Group in the third quarter valued at about $1,413,000. Allianz Asset Management GmbH boosted its position in Arch Capital Group by 12.5% during the 3rd quarter. Allianz Asset Management GmbH now owns 192,567 shares of the insurance provider's stock worth $17,472,000 after acquiring an additional 21,323 shares during the last quarter. High Ground Investment Management LLP grew its stake in shares of Arch Capital Group by 3.5% during the 3rd quarter. High Ground Investment Management LLP now owns 1,714,668 shares of the insurance provider's stock worth $155,572,000 after acquiring an additional 58,151 shares in the last quarter. WCM Investment Management LLC grew its stake in shares of Arch Capital Group by 1.3% during the 3rd quarter. WCM Investment Management LLC now owns 13,525,402 shares of the insurance provider's stock worth $1,214,987,000 after acquiring an additional 171,693 shares in the last quarter. Finally, Cooke & Bieler LP acquired a new stake in shares of Arch Capital Group in the third quarter valued at approximately $210,856,000. 89.07% of the stock is currently owned by institutional investors.

Insider Activity at Arch Capital Group

In related news, insider David Gansberg sold 5,907 shares of Arch Capital Group stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $96.37, for a total transaction of $569,257.59. Following the completion of the sale, the insider owned 336,559 shares of the company's stock, valued at approximately $32,434,190.83. The trade was a 1.72% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Maamoun Rajeh sold 47,430 shares of the company's stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $96.12, for a total transaction of $4,558,971.60. Following the completion of the transaction, the insider owned 433,589 shares in the company, valued at approximately $41,676,574.68. This trade represents a 9.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 78,267 shares of company stock valued at $7,291,637 in the last ninety days. Company insiders own 4.20% of the company's stock.

Analyst Upgrades and Downgrades

ACGL has been the subject of several recent research reports. The Goldman Sachs Group restated a "sell" rating and set a $93.00 target price (up from $84.00) on shares of Arch Capital Group in a report on Wednesday, January 7th. Keefe, Bruyette & Woods reiterated a "market perform" rating and issued a $104.00 price target (up from $102.00) on shares of Arch Capital Group in a research note on Thursday, February 12th. Citigroup reissued a "buy" rating and set a $120.00 price target (up from $113.00) on shares of Arch Capital Group in a research report on Friday, February 13th. Royal Bank Of Canada increased their price objective on shares of Arch Capital Group from $108.00 to $115.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 11th. Finally, Barclays set a $104.00 target price on Arch Capital Group and gave the company an "equal weight" rating in a research report on Thursday, January 8th. Nine analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $109.20.

Arch Capital Group Price Performance

NASDAQ:ACGL opened at $96.74 on Friday. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.13. Arch Capital Group Ltd. has a 12-month low of $82.44 and a 12-month high of $103.39. The stock's 50 day moving average price is $96.57 and its two-hundred day moving average price is $93.27. The firm has a market capitalization of $34.47 billion, a price-to-earnings ratio of 8.33, a P/E/G ratio of 3.88 and a beta of 0.41.

Arch Capital Group (NASDAQ:ACGL - Get Free Report) last posted its earnings results on Monday, February 9th. The insurance provider reported $2.98 earnings per share for the quarter, topping analysts' consensus estimates of $2.34 by $0.64. Arch Capital Group had a return on equity of 16.73% and a net margin of 22.07%.The business had revenue of $4.93 billion for the quarter, compared to analyst estimates of $3.94 billion. During the same period in the previous year, the firm earned $2.26 EPS. On average, analysts anticipate that Arch Capital Group Ltd. will post 8.42 earnings per share for the current year.

Arch Capital Group Profile

Arch Capital Group Ltd. NASDAQ: ACGL is a Bermuda-based insurance and reinsurance holding company that underwrites a broad range of property and casualty, mortgage, and specialty risk products. The company operates through a group of underwriting subsidiaries and platforms to provide insurance, reinsurance and related risk solutions tailored to commercial, institutional and individual clients.

Arch's product mix includes treaty and facultative reinsurance, primary casualty and property insurance, mortgage insurance and other specialty lines.

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