Arch Capital Group (NASDAQ:ACGL – Get Free Report) had its target price lifted by Wells Fargo & Company from $109.00 to $110.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the insurance provider’s stock. Wells Fargo & Company‘s target price would suggest a potential upside of 17.25% from the company’s previous close.
A number of other equities research analysts also recently weighed in on the stock. Barclays raised their price target on shares of Arch Capital Group from $104.00 to $106.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 8th. UBS Group reiterated a “buy” rating and set a $114.00 price objective (up from $113.00) on shares of Arch Capital Group in a research report on Tuesday, February 17th. The Goldman Sachs Group restated a “sell” rating and issued a $93.00 target price (up from $84.00) on shares of Arch Capital Group in a research report on Wednesday, January 7th. Keefe, Bruyette & Woods upped their target price on Arch Capital Group from $104.00 to $105.00 and gave the stock a “market perform” rating in a report on Tuesday, April 7th. Finally, Evercore set a $100.00 target price on Arch Capital Group and gave the stock an “in-line” rating in a report on Wednesday, January 7th. Eight research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $106.61.
Get Our Latest Research Report on Arch Capital Group
Arch Capital Group Trading Down 0.7%
Arch Capital Group (NASDAQ:ACGL – Get Free Report) last issued its earnings results on Tuesday, March 31st. The insurance provider reported $2.50 earnings per share for the quarter. The firm had revenue of $4.52 billion for the quarter. Arch Capital Group had a return on equity of 17.61% and a net margin of 24.64%. Equities analysts predict that Arch Capital Group will post 9.33 EPS for the current fiscal year.
Insider Buying and Selling
In other Arch Capital Group news, insider Maamoun Rajeh sold 47,430 shares of Arch Capital Group stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $96.12, for a total transaction of $4,558,971.60. Following the transaction, the insider directly owned 433,589 shares of the company’s stock, valued at approximately $41,676,574.68. The trade was a 9.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider David Gansberg sold 5,907 shares of Arch Capital Group stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $96.37, for a total value of $569,257.59. Following the transaction, the insider directly owned 336,559 shares in the company, valued at $32,434,190.83. The trade was a 1.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 78,267 shares of company stock valued at $7,291,637 over the last 90 days. 3.30% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the company. Elyxium Wealth LLC acquired a new position in shares of Arch Capital Group in the 4th quarter worth approximately $27,000. WealthCollab LLC lifted its stake in shares of Arch Capital Group by 410.3% in the 3rd quarter. WealthCollab LLC now owns 296 shares of the insurance provider’s stock valued at $27,000 after purchasing an additional 238 shares during the period. JPL Wealth Management LLC acquired a new position in shares of Arch Capital Group in the 3rd quarter valued at about $28,000. Grove Bank & Trust acquired a new position in shares of Arch Capital Group in the 4th quarter valued at about $30,000. Finally, Aventura Private Wealth LLC acquired a new position in shares of Arch Capital Group in the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 89.07% of the company’s stock.
Trending Headlines about Arch Capital Group
Here are the key news stories impacting Arch Capital Group this week:
- Positive Sentiment: Citigroup raised its price target to $122.50 and upgraded ACGL to a “buy,” signaling materially higher upside (roughly +30% vs. recent levels). This is a substantive vote of confidence that could support buying interest if broader sentiment holds. Arch Capital Group (NASDAQ:ACGL) Price Target Raised to $122.50 at Citigroup
- Positive Sentiment: Wells Fargo raised its target to $110 and maintains an “overweight” stance, reinforcing analyst upward revision momentum and providing additional institutional support for ACGL shares. Arch Capital Group (NASDAQ:ACGL) Given New $110.00 Price Target at Wells Fargo & Company
- Positive Sentiment: Coverage highlighting ACGL’s strong Q1 results and an enlarged buyback plan suggests near?term EPS accretion and shareholder returns that could boost valuation multiple over time; this is likely a key reason some analysts are upping targets. How Strong Q1 Results and Bigger Buyback Plan Could Impact Arch Capital Group (ACGL) Investors
- Neutral Sentiment: Analyst roundups providing broader insights on ACGL alongside peers summarize consensus views but add little new actionable change; they help frame comparables but are not a direct catalyst. Analysts Offer Insights on Financial Companies: Arch Capital Group (ACGL), Eagle Bancorp Montana (EBMT) and Robinhood (HOOD)
- Neutral Sentiment: Barclays reaffirmed a “hold” rating on ACGL, tempering the impact of other bullish calls and indicating some analysts still view the stock as fairly valued at current levels; this can limit immediate upside until more positive confirmation arrives. Barclays Reaffirms Their Hold Rating on Arch Capital Group (ACGL)
Arch Capital Group Company Profile
Arch Capital Group Ltd. (NASDAQ: ACGL) is a Bermuda-based insurance and reinsurance holding company that underwrites a broad range of property and casualty, mortgage, and specialty risk products. The company operates through a group of underwriting subsidiaries and platforms to provide insurance, reinsurance and related risk solutions tailored to commercial, institutional and individual clients.
Arch’s product mix includes treaty and facultative reinsurance, primary casualty and property insurance, mortgage insurance and other specialty lines.
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