Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD) General Counsel Leslie Shaunty Sells 344 Shares

Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWDGet Free Report) General Counsel Leslie Shaunty sold 344 shares of the stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $47.07, for a total transaction of $16,192.08. Following the transaction, the general counsel now directly owns 20,407 shares in the company, valued at approximately $960,557.49. This represents a 1.66 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Leslie Shaunty also recently made the following trade(s):

  • On Friday, January 3rd, Leslie Shaunty sold 457 shares of Skyward Specialty Insurance Group stock. The stock was sold at an average price of $47.73, for a total value of $21,812.61.

Skyward Specialty Insurance Group Stock Performance

Shares of NASDAQ:SKWD traded down $1.38 during trading on Monday, hitting $45.09. The company’s stock had a trading volume of 565,125 shares, compared to its average volume of 409,575. Skyward Specialty Insurance Group, Inc. has a fifty-two week low of $29.40 and a fifty-two week high of $55.62. The stock’s 50-day moving average price is $50.23 and its two-hundred day moving average price is $43.49. The company has a market capitalization of $1.81 billion, a PE ratio of 13.75, a PEG ratio of 0.95 and a beta of 0.89.

Skyward Specialty Insurance Group (NASDAQ:SKWDGet Free Report) last released its earnings results on Tuesday, October 29th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.65 by $0.06. Skyward Specialty Insurance Group had a return on equity of 16.39% and a net margin of 12.24%. The company had revenue of $300.89 million during the quarter, compared to analysts’ expectations of $292.43 million. During the same period in the prior year, the business posted $0.65 EPS. On average, equities analysts predict that Skyward Specialty Insurance Group, Inc. will post 3.06 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Jennison Associates LLC raised its stake in shares of Skyward Specialty Insurance Group by 1.0% in the 3rd quarter. Jennison Associates LLC now owns 1,296,001 shares of the company’s stock valued at $52,786,000 after purchasing an additional 12,484 shares in the last quarter. Driehaus Capital Management LLC increased its holdings in Skyward Specialty Insurance Group by 2.8% in the second quarter. Driehaus Capital Management LLC now owns 1,258,383 shares of the company’s stock valued at $45,528,000 after buying an additional 34,286 shares during the last quarter. Franklin Resources Inc. raised its stake in Skyward Specialty Insurance Group by 16.6% during the third quarter. Franklin Resources Inc. now owns 1,117,257 shares of the company’s stock valued at $45,506,000 after buying an additional 158,679 shares in the last quarter. American Century Companies Inc. lifted its holdings in Skyward Specialty Insurance Group by 9.2% during the 2nd quarter. American Century Companies Inc. now owns 919,548 shares of the company’s stock worth $33,269,000 after buying an additional 77,354 shares during the last quarter. Finally, Emerald Advisers LLC grew its position in shares of Skyward Specialty Insurance Group by 3.4% in the 3rd quarter. Emerald Advisers LLC now owns 874,581 shares of the company’s stock worth $35,622,000 after acquiring an additional 28,618 shares in the last quarter. 94.83% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Jefferies Financial Group lifted their price objective on Skyward Specialty Insurance Group from $45.00 to $49.00 and gave the company a “buy” rating in a research note on Wednesday, October 9th. Barclays raised their target price on shares of Skyward Specialty Insurance Group from $45.00 to $53.00 and gave the company an “equal weight” rating in a research note on Monday. JMP Securities increased their price target on Skyward Specialty Insurance Group from $50.00 to $53.00 and gave the company a “market outperform” rating in a report on Wednesday, October 30th. Finally, Raymond James boosted their price objective on Skyward Specialty Insurance Group from $45.00 to $55.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, November 5th. Three equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Skyward Specialty Insurance Group has a consensus rating of “Moderate Buy” and an average price target of $47.78.

Get Our Latest Stock Report on SKWD

About Skyward Specialty Insurance Group

(Get Free Report)

Skyward Specialty Insurance Group, Inc, an insurance holding company, underwrites commercial property and casualty insurance products in the United States. It offers general liability, excess liability, professional liability, commercial auto, group accident and health, property, surety, and workers' compensation insurance products.

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Insider Buying and Selling by Quarter for Skyward Specialty Insurance Group (NASDAQ:SKWD)

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