Cove Street Capital LLC Cuts Stake in Arch Capital Group Ltd. (NASDAQ:ACGLO)

Cove Street Capital LLC lessened its holdings in shares of Arch Capital Group Ltd. (NASDAQ:ACGLOFree Report) by 44.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,500 shares of the company’s stock after selling 6,100 shares during the period. Cove Street Capital LLC’s holdings in Arch Capital Group were worth $150,000 at the end of the most recent reporting period.

Arch Capital Group Stock Down 0.4 %

Shares of ACGLO stock traded down $0.09 during trading hours on Monday, reaching $23.72. The stock had a trading volume of 21,618 shares, compared to its average volume of 17,588. Arch Capital Group Ltd. has a twelve month low of $19.20 and a twelve month high of $24.30. The firm has a 50-day simple moving average of $23.31 and a 200-day simple moving average of $22.04.

Arch Capital Group Profile

(Free Report)

Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; collateral protection, debt cancellation, and service contract reimbursement products; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella liability, as well as commercial automobile and inland marine products.

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