Essent Group Ltd. (ESNT): Lawrence E Jr Mcalee , SVP & Chief Financial Officer of Essent Group Ltd. sold 6,020 shares on Sep 21, 2016. The Insider selling transaction was reported by the company on Sep 23, 2016 to the Securities and Exchange Commission. The shares were sold at $27.17 per share for a total value of $163,563.41 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 21, 2016, Mary Lourdes Gibbons (SVP and Chief Legal Officer) sold 7,500 shares at $27.83 per share price.On Aug 18, 2016, Jeff Cashmer (SVP & Chief Business Officer) sold 24,000 shares at $26.15 per share price.Also, On Jul 8, 2016, Andrew Turnbull (director) purchased 36,353 shares at $21.33 per share price.On Mar 10, 2016, Robert Glanville (director) purchased 1,000 shares at $19.31 per share price.
Shares of Essent Group Ltd (ESNT) ended Thursday, Sep 22, 2016 session in red amid volatile trading. The shares closed down -0.19 points or -0.70% at $27.04 with 5,49,726 shares getting traded. Post opening the session at $27.4, the shares hit an intraday low of $27.02 and an intraday high of $27.4 and the price vacillated in this range throughout the day. The company has a market cap of $2,518 M and the number of outstanding shares has been calculated to be 9,31,04,004 shares. The 52-week high of Essent Group Ltd is $28.62 and the 52-week low is $16.485.
Company has been under the radar of several Street Analysts.Essent Group Ltd is Reiterated by Compass Point to Neutral and the brokerage firm has raised the Price Target to $ 26 from a previous price target of $24 .The Rating was issued on Aug 5, 2016.Essent Group Ltd is Downgraded by Keefe Bruyette to Mkt Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Aug 5, 2016.
Essent Group Ltd. (Essent) is a private mortgage insurance company. The Company is engaged in serving the United States housing finance industry. The Company offers private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. The mortgage insurance operations are conducted through Essent Holdings’ regulated and licensed wholly owned subsidiaries Essent Guaranty Inc. (Essent Guaranty) and Essent Guaranty of PA Inc. (Essent PA). Essent Group also has a wholly owned Class 3A Insurer licensed pursuant to Section 4 Essent Reinsurance Ltd. (Essent Re) which offers mortgage-related insurance and reinsurance. The Company is licensed to write mortgage guaranty coverage in all 50 states and the District of Columbia. The Company operates additional underwriting and service centers in Winston-Salem North Carolina and Irvine California.