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arch capital group receives mixed analyst ratings and target price adjustments
Arch Capital Group Ltd. reported a quarterly earnings per share of $1.54, missing estimates, with revenue of $4.52 billion, a 10.5% year-over-year increase. Analysts maintain a "Moderate Buy" rating, with a target price averaging $115.00, while institutional investors hold 89.07% of the stock. Recent insider sales indicate a decrease in positions among executives.
analysts adjust price targets for arch capital group amid insider sales
Arch Capital Group Ltd. (NASDAQ:ACGL) has seen recent changes in analyst ratings, with Barclays lowering its price target to $93 and Royal Bank of Canada to $110, while Wells Fargo raised it to $108. The company reported a quarterly EPS of $1.54, missing estimates, and has a current market cap of $35.53 billion. Insider activity includes CEO Nicolas Papadopoulo selling 7,636 shares, reducing his ownership by 0.95%.