Wednesday, September 13, 2017 10:15 PM ET
Continued Level of Significant Insider Selling at Arch Capital Group (ACGL)
One insider — Nicolas Papadopoulo, Required Filer — today, sold 38,918 shares of Arch Capital Group having a market value of approximately $3,783,904, as disclosed in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 16,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 54,918 shares and have averaged 18,306 shares per transaction over this time period.
During the last 90 days, the number of insider buy/sell trades at Arch Capital Group is greater than the 59-company peer group average. Property & Casualty Insurance peer group saw 76 buy/sell trades during this period for an average of 1.3 transactions per company. The number of shares per buy/sell trade for Arch Capital Group insiders was also higher. Within the peer group there were 252,521 shares purchased and 256,512 shares sold with company insiders selling 53 shares on average.
The data sourced in creating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.
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