Intrinsic Value Partners LLC Takes $1.19 Million Position in Arch Capital Group Ltd. $ACGL

Key Points

• Intrinsic Value Partners LLC bought 12,380 shares of Arch Capital Group (NASDAQ:ACGL) in Q4, a new position worth about $1.19 million that represents 0.9% of the fund's portfolio and its 27th largest holding.
• Arch Capital materially beat estimates last quarter, reporting $2.98 EPS vs. $2.34 expected and $4.93 billion in revenue vs. $3.94 billion estimated, with a 16.7% ROE and a 22.1% net margin; analysts forecast roughly 8.42 EPS for the year.
• Insiders sold about $7.29 million of ACGL stock over the past quarter (including CEO Nicolas Papadopoulo and Maamoun Rajeh), leaving insiders with roughly 4.2% ownership while institutions own about 89%.

Intrinsic Value Partners LLC purchased a new stake in Arch Capital Group Ltd. (NASDAQ:ACGL - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 12,380 shares of the insurance provider's stock, valued at approximately $1,187,000. Arch Capital Group comprises 0.9% of Intrinsic Value Partners LLC's portfolio, making the stock its 27th biggest position.

Other institutional investors have also made changes to their positions in the company. WealthCollab LLC increased its holdings in shares of Arch Capital Group by 410.3% in the 3rd quarter. WealthCollab LLC now owns 296 shares of the insurance provider's stock valued at $27,000 after acquiring an additional 238 shares during the last quarter. JPL Wealth Management LLC bought a new stake in shares of Arch Capital Group in the 3rd quarter valued at approximately $28,000. Aventura Private Wealth LLC bought a new stake in shares of Arch Capital Group in the 4th quarter valued at approximately $30,000. Grove Bank & Trust bought a new stake in shares of Arch Capital Group in the 4th quarter valued at approximately $30,000. Finally, Cornerstone Planning Group LLC grew its stake in Arch Capital Group by 426.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 384 shares of the insurance provider's stock worth $33,000 after buying an additional 311 shares during the last quarter. 89.07% of the stock is currently owned by institutional investors.

Arch Capital Group Price Performance

Shares of ACGL opened at $96.92 on Wednesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.53 and a quick ratio of 0.53. Arch Capital Group Ltd. has a 12 month low of $82.44 and a 12 month high of $103.39. The stock has a fifty day moving average price of $96.78 and a 200 day moving average price of $93.52. The company has a market cap of $34.53 billion, a P/E ratio of 8.34, a PEG ratio of 3.94 and a beta of 0.41.

Arch Capital Group (NASDAQ:ACGL - Get Free Report) last announced its quarterly earnings results on Monday, February 9th. The insurance provider reported $2.98 earnings per share (EPS) 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 company had revenue of $4.93 billion during the quarter, compared to analyst estimates of $3.94 billion. During the same quarter in the previous year, the firm posted $2.26 EPS. On average, research analysts forecast that Arch Capital Group Ltd. will post 8.42 earnings per share for the current year.

Insiders Place Their Bets

In other Arch Capital Group news, CEO Nicolas Papadopoulo sold 21,930 shares of the business's stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $96.31, for a total transaction of $2,112,078.30. Following the completion of the transaction, the chief executive officer owned 871,594 shares in the company, valued at approximately $83,943,218.14. The trade was a 2.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Maamoun Rajeh sold 47,430 shares of the business's stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $96.12, for a total value of $4,558,971.60. Following the transaction, the insider owned 433,589 shares of the company's stock, valued at $41,676,574.68. This trade represents a 9.86% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 78,267 shares of company stock worth $7,291,637. Insiders own 4.20% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently commented on ACGL shares. JPMorgan Chase & Co. upped their price objective on Arch Capital Group from $111.00 to $117.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 7th. Evercore set a $100.00 price objective on Arch Capital Group and gave the stock an "in-line" rating in a research note on Wednesday, January 7th. Morgan Stanley set a $125.00 price objective on Arch Capital Group in a research note on Friday, January 16th. Mizuho upped their price objective on Arch Capital Group from $95.00 to $102.00 and gave the stock a "neutral" rating in a research note on Thursday, February 12th. Finally, Barclays set a $104.00 price objective on Arch Capital Group and gave the stock an "equal weight" rating in a research note on Thursday, January 8th. Nine research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $109.27.

About Arch Capital Group

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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