Top Insurance Stocks To Consider - August 13th

Key Points

• Tesla, UnitedHealth Group, Berkshire Hathaway, SoFi Technologies, Caterpillar, Sapiens International, and United Parcel Service are highlighted as top insurance stocks to watch according to MarketBeat's stock screener tool, noted for their significant trading volumes over the past days.
• UnitedHealth Group stocks recently traded at $270.97 with a market capitalization of $245.80 billion, while Berkshire Hathaway shares saw an increase to $477.77, with a market cap of $1.03 trillion.
• SoFi Technologies reported a stock price of $23.64, reflecting a trading volume of over 50 million shares, demonstrating the company's growing popularity in financial services.

Tesla, UnitedHealth Group, Berkshire Hathaway, SoFi Technologies, Caterpillar, Sapiens International, and United Parcel Service are the seven Insurance stocks to watch today, according to MarketBeat's stock screener tool. Insurance stocks are equity shares of companies that underwrite and sell insurance policies—ranging from life and health to property and casualty—providing coverage in exchange for premium payments. Investors in these stocks gain exposure to the industry’s dual revenue streams of underwriting profits and investment income on the “float” (premiums held before claims are paid). Their performance is driven by factors such as loss ratios, investment returns and interest‐rate movements. These companies had the highest dollar trading volume of any Insurance stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

Tesla stock traded up $0.22 during trading hours on Wednesday, hitting $341.06. The stock had a trading volume of 57,184,853 shares, compared to its average volume of 106,295,711. The company has a quick ratio of 1.55, a current ratio of 2.04 and a debt-to-equity ratio of 0.07. The stock has a market cap of $1.10 trillion, a price-to-earnings ratio of 196.77, a P/E/G ratio of 11.79 and a beta of 2.33. Tesla has a one year low of $198.75 and a one year high of $488.54. The business's 50 day simple moving average is $318.54 and its 200-day simple moving average is $306.48.

Read Our Latest Research Report on TSLA

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

UnitedHealth Group stock traded up $9.40 during mid-day trading on Wednesday, reaching $270.97. The stock had a trading volume of 14,400,397 shares, compared to its average volume of 12,113,030. UnitedHealth Group has a fifty-two week low of $234.60 and a fifty-two week high of $630.73. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.85 and a current ratio of 0.85. The stock's 50-day simple moving average is $289.94 and its 200-day simple moving average is $402.24. The firm has a market capitalization of $245.80 billion, a PE ratio of 11.74, a price-to-earnings-growth ratio of 1.63 and a beta of 0.43.

Read Our Latest Research Report on UNH

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

Shares of BRK.B traded up $7.38 during mid-day trading on Wednesday, hitting $477.77. The stock had a trading volume of 2,893,346 shares, compared to its average volume of 4,878,576. The firm has a market cap of $1.03 trillion, a P/E ratio of 16.39, a PEG ratio of 3.23 and a beta of 0.81. Berkshire Hathaway has a 52 week low of $431.71 and a 52 week high of $542.07. The business has a fifty day moving average price of $480.13 and a 200-day moving average price of $496.89.

Read Our Latest Research Report on BRK.B

SoFi Technologies (SOFI)

SoFi Technologies, Inc. provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money.

Shares of SOFI traded down $0.01 during midday trading on Wednesday, reaching $23.64. The stock had a trading volume of 50,111,962 shares, compared to its average volume of 60,342,184. SoFi Technologies has a 12-month low of $6.56 and a 12-month high of $25.11. The company has a current ratio of 0.80, a quick ratio of 0.14 and a debt-to-equity ratio of 0.57. The company's 50-day moving average is $18.82 and its 200 day moving average is $15.11. The company has a market capitalization of $26.13 billion, a price-to-earnings ratio of 49.15, a price-to-earnings-growth ratio of 2.78 and a beta of 1.93.

Read Our Latest Research Report on SOFI

Caterpillar (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.

Shares of NYSE:CAT traded up $1.03 during trading on Wednesday, hitting $413.74. The stock had a trading volume of 2,543,431 shares, compared to its average volume of 2,740,395. The company has a quick ratio of 0.81, a current ratio of 1.34 and a debt-to-equity ratio of 1.50. The company has a market capitalization of $193.83 billion, a PE ratio of 21.03, a PEG ratio of 2.42 and a beta of 1.40. The firm's fifty day moving average is $395.90 and its 200 day moving average is $355.51. Caterpillar has a 12 month low of $267.30 and a 12 month high of $441.15.

Read Our Latest Research Report on CAT

Sapiens International (SPNS)

Sapiens International Corporation N.V. provides software solutions for the insurance industry in North America, the United Kingdom, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company provides various solutions for property and casualty commercial and personal lines, life and pensions, and reinsurance fields.

SPNS traded up $13.09 during trading on Wednesday, hitting $42.59. 18,240,701 shares of the company's stock traded hands, compared to its average volume of 305,673. The company's 50 day simple moving average is $28.99 and its two-hundred day simple moving average is $27.88. The stock has a market capitalization of $2.38 billion, a price-to-earnings ratio of 32.75 and a beta of 0.93. Sapiens International has a 12-month low of $23.69 and a 12-month high of $42.68.

Read Our Latest Research Report on SPNS

United Parcel Service (UPS)

United Parcel Service, Inc., a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.

United Parcel Service stock traded up $0.39 during trading on Wednesday, reaching $87.82. The company had a trading volume of 8,760,983 shares, compared to its average volume of 6,346,348. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 1.51. The firm's 50-day simple moving average is $97.80 and its 200 day simple moving average is $103.79. The firm has a market capitalization of $74.37 billion, a price-to-earnings ratio of 13.01, a price-to-earnings-growth ratio of 1.57 and a beta of 1.12. United Parcel Service has a 52 week low of $84.28 and a 52 week high of $145.01.

Read Our Latest Research Report on UPS

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