White Mountains Insurance Group (NYSE:WTM) Director Kernan V. Oberting unloaded 100 shares of White Mountains Insurance Group stock on the open market in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $621.49, for a total transaction of $62,149.00. Following the transaction, the director now directly owns 5,950 shares of the company’s stock, valued at approximately $3,697,866. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Separately, analysts at Zacks upgraded shares of White Mountains Insurance Group from a “neutral” rating to an “outperform” rating in a research note on Monday, July 7th. They now have a $611.80 price target on the stock.
White Mountains Insurance Group (NYSE:WTM) traded down 0.64% during mid-day trading on Thursday, hitting $621.24. 8,510 shares of the company’s stock traded hands. White Mountains Insurance Group has a one year low of $555.51 and a one year high of $626.25. The stock’s 50-day moving average is $609.8 and its 200-day moving average is $593.7. The company has a market cap of $3.764 billion and a price-to-earnings ratio of 10.53.
White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $15.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.12 by $7.41. The company had revenue of $652.80 million for the quarter, compared to the consensus estimate of $489.30 million. During the same quarter in the previous year, the company posted $9.67 earnings per share. Analysts expect that White Mountains Insurance Group will post $23.95 EPS for the current fiscal year.
White Mountains Insurance Group, Ltd. conducts its businesses through its property and casualty insurance and reinsurance subsidiaries.
Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.