Bernard F. Becker Sells 100 Shares of Enstar Group Limited (NASDAQ:ESGR) Stock

Enstar Group Limited (NASDAQ:ESGR) Director Bernard F. Becker sold 100 shares of the company’s stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of $323.44, for a total transaction of $32,344.00. Following the transaction, the director now owns 2,179 shares in the company, valued at approximately $704,775.76. This trade represents a 4.39 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Enstar Group Stock Performance

Shares of ESGR stock traded down $0.84 during trading hours on Friday, hitting $321.95. The company’s stock had a trading volume of 149,349 shares, compared to its average volume of 76,265. The stock has a market cap of $4.90 billion, a PE ratio of 4.87 and a beta of 0.65. Enstar Group Limited has a 12-month low of $262.54 and a 12-month high of $348.48. The company has a 50 day moving average of $324.29 and a 200 day moving average of $321.30. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.33.

Enstar Group (NASDAQ:ESGR) last announced its quarterly earnings results on Tuesday, November 12th. The insurance provider reported $8.51 earnings per share for the quarter. The company had revenue of $177.00 million for the quarter. Enstar Group had a return on equity of 17.33% and a net margin of 73.26%.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Enstar Group in a report on Saturday, December 14th. They set a “hold” rating for the company.

Institutional Trading of Enstar Group

Hedge funds have recently added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. purchased a new stake in shares of Enstar Group during the 2nd quarter worth about $31,000. GAMMA Investing LLC raised its stake in shares of Enstar Group by 248.5% during the 3rd quarter. GAMMA Investing LLC now owns 115 shares of the insurance provider’s stock worth $37,000 after buying an additional 82 shares during the period. Blue Trust Inc. raised its stake in shares of Enstar Group by 85.5% during the 3rd quarter. Blue Trust Inc. now owns 141 shares of the insurance provider’s stock worth $43,000 after buying an additional 65 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Enstar Group during the 3rd quarter valued at approximately $48,000. Finally, Longfellow Investment Management Co. LLC acquired a new stake in Enstar Group in the 3rd quarter valued at $50,000. 81.01% of the stock is owned by hedge funds and other institutional investors.

Enstar Group Company Profile

Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios in run-off in Bermuda and internationally. It engages in the run-off property and casualty; other reinsurance; life and catastrophe; and legacy underwriting businesses; as well as investment activities. The company also provides consulting services, including claims inspection, claims validation, reinsurance asset collection, syndicate management, and IT consulting services to the insurance and reinsurance industry.