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Sunday, April 2, 2023

Arch Capital Group Ltd. (NASDAQ: ACGL) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Arch Capital Group Ltd. (ACGL) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 0.01%, to $71.31. The Arch Capital Group Ltd. has recorded 260,356 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Arch Capital Group Ltd. Reports 2022 Fourth Quarter Results.

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Stocks Info

The company is listed on the NASDAQ and operates within the Insurance – Diversified industry segment. At the end of the last regular session, the stock closed at $71.30 and fluctuated between $71.75 as its day high and $70.56 as its day low. The current market capitalization of Arch Capital Group Ltd. is $26.32B. A total of 3.07 million shares were traded on the day, compared to an average of 1.84M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, ACGL has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 33 BUYs and 32 SELLs from insiders. Insiders purchased 884,043 shares during that period but sold 1,307,595.

In the most recent transaction, Morin Francois sold 15,814 shares of ACGL for 67.61 per share on Feb 21. After the transaction, the EVP AND CFO now owns 185,869 company shares. In a previous transaction on Feb 15, PASQUESI JOHN M sold 26,329 shares at 67.01 per share. ACGL shares that CHAIR owns now total 756,635.

Among the insiders who sold shares, Rajeh Maamoun disposed of 50,000 shares on Oct 31 at a per-share price of $57.09. This resulted in the CHAIRMAN & CEO ARCH RE GROUP holding 362,990 shares of ACGL after the transaction. In another insider transaction, Posner Brian S bought 2,000 shares at $17.60 per share on Oct 28. Company shares held by the Director now total 4,000.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for ACGL in the last 3 months, the mean price target is $75.08 with high estimates of $86.00 and low estimates of $58.00. In terms of 52-week highs and lows, ACGL has a high of $71.14 and a low of $41.05.

As of this writing, ACGL has an earnings estimate of $1.34 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of $1.49 per share and a lower estimate of $1.16. The company reported an EPS of $1.34 in the last quarter, which was 22.90% higher than expectations of $1.09.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 14 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ACGL is Hold with a score of 4.40. A total of 11 analysts rated the stock as Buy while 1 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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