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Saturday, June 3, 2023

Value Investing Philosophy And Arch Capital Group Ltd. (NASDAQ: ACGL)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Arch Capital Group Ltd. (ACGL) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $1.19, or 1.63%, to $74.23. The Arch Capital Group Ltd. has recorded 105,432 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Arch Capital Group Ltd. Reports 2023 First Quarter Results.

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Stocks Info

ACGL belongs to the Financial sector of the NASDAQ while operating in the Insurance – Diversified industry. At the end of the last regular session, the stock closed at $73.04 and fluctuated between $74.76 as its day high and $72.91 as its day low. The current market capitalization of Arch Capital Group Ltd. is $27.35B. A total of 1.88 million shares were traded on the day, compared to an average of 2.16M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, ACGL has seen 17 BUY and 13 SELL insider trades, representing the acquisition of 277,017 and the disposition of 147,054 shares. Over the last 12 months, there were 36 BUYs and 43 SELLs from insiders. Insiders purchased 894,646 shares during that period but sold 1,267,723.

In the most recent transaction, PETRILLO LOUIS T sold 15,406 shares of ACGL for 76.79 per share on May 10. After the transaction, the OFFICER OF SUBSIDIARY now owns 105,254 company shares. In a previous transaction on May 09, Rajeh Maamoun sold 40,000 shares at 76.41 per share. ACGL shares that CHAIRMAN & CEO ARCH RE GROUP owns now total 335,378.

Among the insiders who sold shares, Morin Francois disposed of 10,000 shares on May 08 at a per-share price of $76.11. This resulted in the EVP AND CFO holding 193,109 shares of ACGL after the transaction. In another insider transaction, Papadopoulo Nicolas sold 70,000 shares at $75.48 per share on May 03. Company shares held by the OFFICER OF SUBSIDIARY now total 689,970.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for ACGL in the last 3 months, the mean price target is $80.71 with high estimates of $90.00 and low estimates of $65.00. In terms of 52-week highs and lows, ACGL has a high of $78.30 and a low of $41.05.

As of this writing, ACGL has an earnings estimate of $1.59 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of $1.87 per share and a lower estimate of $1.29. The company reported an EPS of $2.14 in the last quarter, which was 59.70% higher than expectations of $1.34.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. ACGL’s latest balance sheet shows that the firm has $22.40B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $35.82, while its Total Shareholder’s Equity was $13.56B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 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 Buy with a score of 4.60.

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