Press coverage about Arch Capital Group (NASDAQ:ACGL) has been trending positive this week, according to Accern Sentiment. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Arch Capital Group earned a coverage optimism score of 0.45 on Accern’s scale. Accern also assigned news headlines about the insurance provider an impact score of 45.7586715602007 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the news headlines that may have impacted Accern Sentiment’s scoring:

Arch Capital Group (NASDAQ:ACGL) traded up $2.21 during trading on Friday, hitting $92.01. 1,025,485 shares of the stock traded hands, compared to its average volume of 463,175. Arch Capital Group has a twelve month low of $84.21 and a twelve month high of $102.60. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.83 and a current ratio of 0.83. The stock has a market cap of $11,844.10, a PE ratio of 30.47, a price-to-earnings-growth ratio of 2.55 and a beta of 0.67.

Arch Capital Group (NASDAQ:ACGL) last posted its quarterly earnings data on Wednesday, October 25th. The insurance provider reported ($0.79) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.59) by ($0.20). The company had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Arch Capital Group had a return on equity of 5.57% and a net margin of 9.44%. The business’s revenue for the quarter was up 30.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.14 EPS. research analysts forecast that Arch Capital Group will post 3.23 earnings per share for the current year.

Several analysts have recently weighed in on ACGL shares. Barclays increased their price target on shares of Arch Capital Group from $91.00 to $95.00 and gave the company an “equal weight” rating in a research note on Monday, October 16th. UBS dropped their price target on shares of Arch Capital Group from $114.00 to $110.00 and set a “buy” rating for the company in a research note on Tuesday, September 19th. Zacks Investment Research cut shares of Arch Capital Group from a “hold” rating to a “sell” rating in a research note on Tuesday, September 26th. Royal Bank of Canada reissued a “buy” rating and issued a $113.00 price target on shares of Arch Capital Group in a research note on Friday, October 27th. Finally, Buckingham Research started coverage on shares of Arch Capital Group in a research note on Monday, September 11th. They issued a “buy” rating and a $106.00 price target for the company. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. Arch Capital Group presently has an average rating of “Hold” and a consensus price target of $100.80.

In related news, CEO Nicolas Papadopoulo sold 54,554 shares of the stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $95.53, for a total transaction of $5,211,543.62. Following the completion of the transaction, the chief executive officer now owns 147,481 shares of the company’s stock, valued at approximately $14,088,859.93. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Louis T. Petrillo sold 5,921 shares of the stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $91.07, for a total transaction of $539,225.47. Following the transaction, the insider now directly owns 43,268 shares of the company’s stock, valued at approximately $3,940,416.76. The disclosure for this sale can be found here. Insiders have sold a total of 65,975 shares of company stock valued at $6,256,989 in the last ninety days. 6.60% of the stock is currently owned by corporate insiders.

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Arch Capital Group Company Profile

Arch Capital Group Ltd. provides insurance, reinsurance and mortgage insurance. The Company provides a range of property, casualty and mortgage insurance and reinsurance lines. The Company operates in five segments: insurance, reinsurance, mortgage, other and corporate. The insurance segment’s product lines include construction and national accounts; excess and surplus casualty; lenders products; professional lines; programs; property, energy, marine and aviation; travel, accident and health, and other.

Insider Buying and Selling by Quarter for Arch Capital Group (NASDAQ:ACGL)

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