Arch Capital Group Ltd. (NASDAQ:ACGL) Stock Holdings Increased by NBC Securities Inc.

NBC Securities Inc. grew its holdings in shares of Arch Capital Group Ltd. (NASDAQ:ACGL - Free Report) by 124,050.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,966 shares of the insurance provider's stock after purchasing an additional 4,962 shares during the period. NBC Securities Inc.'s holdings in Arch Capital Group were worth $477,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Pittenger & Anderson Inc. increased its holdings in shares of Arch Capital Group by 56.6% in the 4th quarter. Pittenger & Anderson Inc. now owns 6,720 shares of the insurance provider's stock worth $621,000 after acquiring an additional 2,430 shares during the period. Asahi Life Asset Management CO. LTD. acquired a new stake in shares of Arch Capital Group in the 4th quarter worth about $366,000. Northstar Group Inc. increased its holdings in shares of Arch Capital Group by 5.1% in the 4th quarter. Northstar Group Inc. now owns 122,197 shares of the insurance provider's stock worth $11,285,000 after acquiring an additional 5,947 shares during the period. William Blair Investment Management LLC increased its holdings in shares of Arch Capital Group by 33.7% in the 4th quarter. William Blair Investment Management LLC now owns 624,055 shares of the insurance provider's stock worth $57,631,000 after acquiring an additional 157,197 shares during the period. Finally, Independent Advisor Alliance increased its holdings in shares of Arch Capital Group by 98.8% in the 4th quarter. Independent Advisor Alliance now owns 6,925 shares of the insurance provider's stock worth $640,000 after acquiring an additional 3,442 shares during the period. 89.07% of the stock is owned by institutional investors and hedge funds.

Arch Capital Group Price Performance

Shares of NASDAQ:ACGL traded up $0.96 during trading hours on Friday, hitting $95.53. 711,351 shares of the company's stock traded hands, compared to its average volume of 1,683,704. Arch Capital Group Ltd. has a 52 week low of $82.49 and a 52 week high of $116.47. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.58 and a current ratio of 0.54. The company's fifty day simple moving average is $92.57 and its two-hundred day simple moving average is $93.02. The company has a market cap of $35.80 billion, a price-to-earnings ratio of 8.53, a price-to-earnings-growth ratio of 2.31 and a beta of 0.53.

Arch Capital Group (NASDAQ:ACGL - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The insurance provider reported $1.54 EPS for the quarter, missing analysts' consensus estimates of $1.59 by ($0.05). Arch Capital Group had a net margin of 24.73% and a return on equity of 17.96%. The firm had revenue of $4.52 billion for the quarter, compared to analysts' expectations of $4.75 billion. During the same period in the prior year, the company posted $2.45 earnings per share. Arch Capital Group's quarterly revenue was up 10.5% compared to the same quarter last year. As a group, equities analysts anticipate that Arch Capital Group Ltd. will post 8.42 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Morgan Stanley set a $110.00 price objective on shares of Arch Capital Group and gave the stock an "overweight" rating in a report on Monday, May 19th. Barclays dropped their price objective on shares of Arch Capital Group from $100.00 to $93.00 and set an "equal weight" rating on the stock in a report on Friday, April 11th. JMP Securities reaffirmed a "market outperform" rating and issued a $125.00 price objective on shares of Arch Capital Group in a report on Wednesday, April 30th. Keefe, Bruyette & Woods increased their target price on shares of Arch Capital Group from $104.00 to $113.00 and gave the company an "outperform" rating in a research report on Tuesday, May 6th. Finally, UBS Group decreased their target price on shares of Arch Capital Group from $127.00 to $124.00 and set a "buy" rating for the company in a research report on Wednesday, April 9th. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, Arch Capital Group has a consensus rating of "Moderate Buy" and an average price target of $115.00.

Insider Buying and Selling at Arch Capital Group

In other Arch Capital Group news, insider John M. Pasquesi sold 75,060 shares of the company's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $94.01, for a total transaction of $7,056,390.60. Following the completion of the sale, the insider now directly owns 579,218 shares of the company's stock, valued at approximately $54,452,284.18. This represents a 11.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Francois Morin sold 12,630 shares of the company's stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $94.58, for a total transaction of $1,194,545.40. Following the sale, the chief financial officer now directly owns 274,681 shares of the company's stock, valued at $25,979,328.98. This represents a 4.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 111,976 shares of company stock valued at $10,531,038. 4.10% of the stock is currently owned by corporate insiders.

About Arch Capital Group

Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella liability, as well as commercial automobile and inland marine products.