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

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

Enstar Group Stock Down 0.3 %

Shares of Enstar Group stock traded down $0.84 during trading on Friday, hitting $321.95. 149,349 shares of the stock traded hands, compared to its average volume of 76,265. Enstar Group Limited has a 52-week low of $262.54 and a 52-week high of $348.48. The stock’s fifty day simple moving average is $324.29 and its 200 day simple moving average is $321.30. The firm has a market cap of $4.90 billion, a P/E ratio of 4.87 and a beta of 0.65. 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 issued its quarterly earnings data on Tuesday, November 12th. The insurance provider reported $8.51 earnings per share (EPS) for the quarter. The company had revenue of $177.00 million for the quarter. Enstar Group had a net margin of 73.26% and a return on equity of 17.33%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in ESGR. Franklin Resources Inc. lifted its position in shares of Enstar Group by 52.8% during the third quarter. Franklin Resources Inc. now owns 15,888 shares of the insurance provider’s stock valued at $5,118,000 after buying an additional 5,489 shares during the last quarter. Tidal Investments LLC raised its stake in shares of Enstar Group by 15.6% during the 3rd quarter. Tidal Investments LLC now owns 2,295 shares of the insurance provider’s stock worth $738,000 after acquiring an additional 310 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in Enstar Group during the third quarter valued at approximately $547,000. Barclays PLC boosted its stake in Enstar Group by 319.2% in the third quarter. Barclays PLC now owns 19,524 shares of the insurance provider’s stock valued at $6,278,000 after acquiring an additional 14,867 shares in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in Enstar Group in the third quarter worth $2,885,000. 81.01% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of Enstar Group in a research report on Saturday, December 14th. They set a “hold” rating on the stock.

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.