12,397 Shares in Arch Capital Group Ltd. (NASDAQ:ACGL) Acquired by Headlands Technologies LLC

Headlands Technologies LLC bought a new position in shares of Arch Capital Group Ltd. (NASDAQ:ACGL - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 12,397 shares of the insurance provider's stock, valued at approximately $921,000.

A number of other large investors also recently modified their holdings of the business. Rodgers & Associates LTD boosted its stake in shares of Arch Capital Group by 8.0% during the 4th quarter. Rodgers & Associates LTD now owns 10,642 shares of the insurance provider's stock worth $790,000 after buying an additional 792 shares during the last quarter. Stevens Capital Management LP acquired a new position in shares of Arch Capital Group during the 4th quarter worth about $1,211,000. Pittenger & Anderson Inc. acquired a new stake in Arch Capital Group in the 4th quarter valued at about $180,000. Tokio Marine Asset Management Co. Ltd. lifted its stake in Arch Capital Group by 6.6% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 11,504 shares of the insurance provider's stock valued at $854,000 after purchasing an additional 713 shares during the last quarter. Finally, Cognios Beta Neutral Large Cap Fund LP acquired a new stake in Arch Capital Group in the 4th quarter valued at about $373,000. 89.07% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Arch Capital Group

In related news, CFO Francois Morin sold 25,689 shares of Arch Capital Group stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $87.47, for a total value of $2,247,016.83. Following the transaction, the chief financial officer now directly owns 221,779 shares of the company's stock, valued at $19,399,009.13. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CEO Maamoun Rajeh sold 50,000 shares of Arch Capital Group stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $87.48, for a total value of $4,374,000.00. Following the transaction, the chief executive officer now directly owns 336,170 shares of the company's stock, valued at $29,408,151.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Francois Morin sold 25,689 shares of Arch Capital Group stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $87.47, for a total transaction of $2,247,016.83. Following the completion of the transaction, the chief financial officer now directly owns 221,779 shares in the company, valued at $19,399,009.13. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 135,689 shares of company stock valued at $11,872,217. 4.20% of the stock is currently owned by company insiders.

Arch Capital Group Stock Performance

Shares of ACGL traded down $2.15 during mid-day trading on Friday, hitting $90.90. 1,458,046 shares of the company's stock were exchanged, compared to its average volume of 1,447,893. Arch Capital Group Ltd. has a 52 week low of $69.05 and a 52 week high of $95.01. The stock's 50-day simple moving average is $90.34 and its 200-day simple moving average is $84.42. The firm has a market cap of $34.10 billion, a price-to-earnings ratio of 7.82, a price-to-earnings-growth ratio of 1.16 and a beta of 0.57. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.17.

Arch Capital Group (NASDAQ:ACGL - Get Free Report) last announced its earnings results on Thursday, February 15th. The insurance provider reported $2.49 EPS for the quarter, topping the consensus estimate of $1.94 by $0.55. Arch Capital Group had a net margin of 32.59% and a return on equity of 21.94%. The company had revenue of $3.98 billion for the quarter, compared to analysts' expectations of $3.67 billion. During the same period last year, the firm earned $2.14 earnings per share. On average, equities research analysts expect that Arch Capital Group Ltd. will post 8.03 EPS for the current year.

Analyst Upgrades and Downgrades

ACGL has been the subject of several recent analyst reports. JMP Securities reiterated a "market outperform" rating and issued a $100.00 target price on shares of Arch Capital Group in a research note on Monday, April 15th. JPMorgan Chase & Co. raised their target price on shares of Arch Capital Group from $88.00 to $92.00 and gave the company a "neutral" rating in a research note on Monday, April 8th. UBS Group cut their target price on shares of Arch Capital Group from $101.00 to $97.00 and set a "buy" rating for the company in a research note on Wednesday, January 10th. StockNews.com downgraded shares of Arch Capital Group from a "buy" rating to a "hold" rating in a research note on Monday, March 11th. Finally, TD Cowen assumed coverage on shares of Arch Capital Group in a research note on Wednesday, January 10th. They issued an "outperform" rating and a $96.00 target price for the company. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $96.23.

Arch Capital Group Profile

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.