Arch Capital Group Ltd. (NASDAQ:ACGL) Shares Sold by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC reduced its stake in Arch Capital Group Ltd. (NASDAQ:ACGL - Free Report) by 7.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 741,040 shares of the insurance provider's stock after selling 62,022 shares during the period. Thompson Siegel & Walmsley LLC owned 0.20% of Arch Capital Group worth $55,037,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of ACGL. Householder Group Estate & Retirement Specialist LLC bought a new position in shares of Arch Capital Group during the fourth quarter valued at approximately $27,000. Larson Financial Group LLC bought a new position in shares of Arch Capital Group during the fourth quarter valued at approximately $30,000. CVA Family Office LLC bought a new position in shares of Arch Capital Group during the fourth quarter valued at approximately $47,000. Covestor Ltd increased its stake in shares of Arch Capital Group by 342.9% during the third quarter. Covestor Ltd now owns 899 shares of the insurance provider's stock valued at $72,000 after purchasing an additional 696 shares in the last quarter. Finally, Operose Advisors LLC bought a new position in shares of Arch Capital Group during the third quarter valued at approximately $75,000. 89.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ACGL has been the subject of several analyst reports. JPMorgan Chase & Co. raised their price target on shares of Arch Capital Group from $88.00 to $92.00 and gave the company a "neutral" rating in a research report on Monday, April 8th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Arch Capital Group from $103.00 to $110.00 and gave the company a "buy" rating in a research report on Tuesday, April 30th. Roth Mkm reissued a "buy" rating and set a $110.00 price target on shares of Arch Capital Group in a research report on Tuesday, April 30th. JMP Securities raised their price target on shares of Arch Capital Group from $100.00 to $110.00 and gave the company a "market outperform" rating in a research report on Tuesday, April 30th. Finally, Bank of America raised their price target on shares of Arch Capital Group from $105.00 to $109.00 and gave the company a "buy" rating in a research report on Tuesday, April 30th. Five investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $100.67.

Insider Transactions at Arch Capital Group

In other news, CEO Maamoun Rajeh sold 50,000 shares of Arch Capital Group stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $87.48, for a total transaction of $4,374,000.00. Following the transaction, the chief executive officer now owns 336,170 shares in the company, valued at approximately $29,408,151.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO Maamoun Rajeh sold 50,000 shares of the stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $87.48, for a total transaction of $4,374,000.00. Following the completion of the sale, the chief executive officer now owns 336,170 shares in the company, valued at $29,408,151.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David Gansberg sold 10,000 shares of the business's stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $96.64, for a total value of $966,400.00. Following the completion of the transaction, the chief executive officer now directly owns 228,035 shares in the company, valued at $22,037,302.40. The disclosure for this sale can be found here. Insiders have sold 145,689 shares of company stock worth $12,838,617 in the last 90 days. 4.20% of the stock is currently owned by insiders.

Arch Capital Group Stock Performance

Shares of Arch Capital Group stock traded up $0.42 on Friday, hitting $100.05. 1,420,422 shares of the company's stock were exchanged, compared to its average volume of 1,603,577. The company has a 50-day simple moving average of $92.28 and a 200-day simple moving average of $85.29. The stock has a market capitalization of $37.53 billion, a PE ratio of 7.90, a PEG ratio of 1.18 and a beta of 0.57. Arch Capital Group Ltd. has a 1 year low of $69.05 and a 1 year high of $100.86. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.57 and a current ratio of 0.59.

Arch Capital Group (NASDAQ:ACGL - Get Free Report) last issued its quarterly earnings results on Monday, April 29th. The insurance provider reported $2.45 earnings per share for the quarter, topping the consensus estimate of $2.06 by $0.39. The business had revenue of $4.09 billion for the quarter, compared to analysts' expectations of $3.77 billion. Arch Capital Group had a net margin of 33.65% and a return on equity of 21.85%. The company's revenue was up 19.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.73 EPS. As a group, equities analysts anticipate that Arch Capital Group Ltd. will post 8.43 EPS for the current year.

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.