Validus Holdings Ltd. (NYSE:VR) CEO Kean Driscoll sold 4,151 shares of the company’s stock in a transaction dated Tuesday, November 15th. The stock was sold at an average price of $53.21, for a total transaction of $220,874.71. Following the completion of the sale, the chief executive officer now directly owns 129,747 shares in the company, valued at approximately $6,903,837.87. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Kean Driscoll also recently made the following trade(s):

  • On Monday, October 17th, Kean Driscoll sold 4,151 shares of Validus Holdings stock. The stock was sold at an average price of $51.72, for a total transaction of $214,689.72.

Validus Holdings Ltd. (NYSE:VR) traded down 0.305% during midday trading on Thursday, hitting $53.845. 343,911 shares of the stock traded hands. The stock has a market capitalization of $4.27 billion, a PE ratio of 10.688 and a beta of 0.52. The firm’s 50 day moving average is $51.11 and its 200-day moving average is $49.33. Validus Holdings Ltd. has a 12-month low of $41.73 and a 12-month high of $54.50.

Validus Holdings (NYSE:VR) last announced its quarterly earnings results on Thursday, October 27th. The company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.21. Validus Holdings had a return on equity of 9.27% and a net margin of 17.54%. The business earned $327.40 million during the quarter, compared to the consensus estimate of $593.74 million. During the same quarter last year, the firm posted $0.86 EPS. The company’s quarterly revenue was down 7.4% on a year-over-year basis. On average, analysts anticipate that Validus Holdings Ltd. will post $3.88 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Validus Holdings (NYSE:VR)

A number of large investors have recently made changes to their positions in VR. Gerstein Fisher increased its stake in shares of Validus Holdings by 3.9% in the third quarter. Gerstein Fisher now owns 73,070 shares of the company’s stock valued at $3,640,000 after buying an additional 2,759 shares in the last quarter. Highbridge Capital Management LLC acquired a new stake in shares of Validus Holdings during the third quarter valued at about $5,331,000. The Manufacturers Life Insurance Company acquired a new stake in shares of Validus Holdings during the third quarter valued at about $108,000. UBS Oconnor LLC acquired a new stake in shares of Validus Holdings during the third quarter valued at about $4,130,000. Finally, Susquehanna International Group LLP increased its stake in shares of Validus Holdings by 1.9% in the third quarter. Susquehanna International Group LLP now owns 165,562 shares of the company’s stock valued at $8,249,000 after buying an additional 3,100 shares in the last quarter. 96.67% of the stock is owned by institutional investors and hedge funds.

Separately, Zacks Investment Research lowered shares of Validus Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, October 18th.

Validus Holdings Company Profile

Validus Holdings, Ltd. is a holding company. The Company conducts its operations through four operating segments: Validus Re, Talbot, Western World and AlphaCat. Validus Re is a Bermuda-based reinsurance segment focused treaty reinsurance. AlphaCat is an investment advisor managing capital from third parties and the Company in insurance linked securities and other investments in the property catastrophe reinsurance space.

5 Day Chart for NYSE:VR

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