Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of W.R. Berkley Corporation (NYSE:WRB)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of W.R. Berkley Corporation (NYSE:WRB). In a filing disclosed on June 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in W.R. Berkley stock on May 12th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
  • Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
  • Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
  • Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
  • Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
  • Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
  • Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
  • Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
  • Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
  • Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.

W.R. Berkley Price Performance

NYSE WRB traded up $1.36 on Wednesday, reaching $68.58. The company had a trading volume of 151,738 shares, compared to its average volume of 2,231,720. The stock has a market capitalization of $25.53 billion, a PE ratio of 14.54, a price-to-earnings-growth ratio of 3.16 and a beta of 0.30. W.R. Berkley Corporation has a 12 month low of $62.87 and a 12 month high of $78.96. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.29. The firm’s 50 day moving average price is $66.49 and its 200 day moving average price is $68.66.

W.R. Berkley (NYSE:WRBGet Free Report) last issued its earnings results on Tuesday, April 21st. The insurance provider reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.17. W.R. Berkley had a return on equity of 18.92% and a net margin of 12.64%.The firm had revenue of $3.69 billion for the quarter, compared to analysts’ expectations of $3.18 billion. During the same period in the previous year, the firm posted $1.01 earnings per share. The business’s revenue was up 1.3% compared to the same quarter last year. As a group, equities analysts predict that W.R. Berkley Corporation will post 4.67 earnings per share for the current year.

W.R. Berkley Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Tuesday, June 23rd will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, June 23rd. This is a positive change from W.R. Berkley’s previous quarterly dividend of $0.09. This represents a $0.40 annualized dividend and a yield of 0.6%. W.R. Berkley’s dividend payout ratio is 7.63%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Wall Street Zen upgraded W.R. Berkley from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Weiss Ratings downgraded W.R. Berkley from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, May 20th. Wells Fargo & Company cut shares of W.R. Berkley from an “overweight” rating to an “underweight” rating and cut their price objective for the company from $64.00 to $58.00 in a research report on Monday. BMO Capital Markets upgraded shares of W.R. Berkley from an “underperform” rating to a “market perform” rating and raised their target price for the stock from $64.00 to $68.00 in a report on Thursday, April 23rd. Finally, Bank of America cut their price target on shares of W.R. Berkley from $68.00 to $67.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, W.R. Berkley presently has an average rating of “Reduce” and a consensus target price of $68.44.

View Our Latest Report on W.R. Berkley

Institutional Investors Weigh In On W.R. Berkley

Several large investors have recently added to or reduced their stakes in the stock. Mitsui Sumitomo Insurance Co. Ltd. bought a new stake in shares of W.R. Berkley during the fourth quarter valued at approximately $3,542,919,000. Vanguard Group Inc. grew its position in shares of W.R. Berkley by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 37,033,581 shares of the insurance provider’s stock worth $2,596,795,000 after buying an additional 309,828 shares in the last quarter. State Street Corp increased its position in W.R. Berkley by 1.0% during the 3rd quarter. State Street Corp now owns 14,921,114 shares of the insurance provider’s stock valued at $1,143,256,000 after purchasing an additional 149,605 shares during the period. Jefferies Financial Group Inc. purchased a new position in W.R. Berkley during the third quarter valued at approximately $682,816,000. Finally, Norges Bank bought a new position in shares of W.R. Berkley in the 4th quarter worth $435,752,000. 68.82% of the stock is owned by hedge funds and other institutional investors.

More W.R. Berkley News

Here are the key news stories impacting W.R. Berkley this week:

  • Positive Sentiment: Zacks Research raised its Q1 2028 EPS estimate for W.R. Berkley, signaling a slightly more optimistic long-term earnings outlook. Article Title
  • Positive Sentiment: Zacks also lifted its FY2028 EPS estimate and highlighted WRB’s capital-return strategy, including dividends and buybacks, which supports the investment case. Article Title
  • Neutral Sentiment: Analysts slightly lowered FY2027 EPS and Q3 2027 estimates, but the changes were small and do not materially change the broader earnings outlook. Article Title
  • Negative Sentiment: W.R. Berkley announced the death of founder and Executive Chairman William R. Berkley, a meaningful leadership change that could create near-term uncertainty for investors. Article Title

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About W.R. Berkley

(Get Free Report)

W. R. Berkley Corporation (NYSE: WRB) is a publicly traded insurance holding company that underwrites and sells commercial property and casualty insurance, specialty insurance products, and reinsurance. Headquartered in Greenwich, Connecticut, the company operates a portfolio of underwriting businesses that focus on niche and specialty commercial risks, offering coverage tailored to industries such as transportation, construction, professional services and other commercial lines.

The company’s product mix includes primary and excess casualty, property, professional liability, environmental and other specialty lines, together with treaty and facultative reinsurance solutions.

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