Argo Group International Holdings, Ltd. (AGII): Mark E Iii Watson , President and CEO of Argo Group International Holdings, Ltd. sold 9,718 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $58.08 per share for a total value of $564,901.62 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 11, 2016, John R Jr Power (director) sold 2,558 shares at $55.10 per share price.On Dec 15, 2015, Kevin James Rehnberg (President, U.S. Operations) purchased 6,198 shares at $60.37 per share price.Also, On Nov 23, 2015, Jay Stanley Bullock (Chief Financial Officer) sold 14,954 shares at $63.35 per share price.On Nov 17, 2015, Mural R Josephson (director) sold 3,182 shares at $62.45 per share price.
Shares of Argo Group International Holdings Ltd. (AGII) ended Wednesday, May 25, 2016 session in red amid volatile trading. The shares closed down -0.42 points or -0.72% at $57.93 with 1,17,556 shares getting traded. Post opening the session at $58.35, the shares hit an intraday low of $57.6675 and an intraday high of $58.87 and the price vacillated in this range throughout the day. The company has a market cap of $1,593 M and the number of outstanding shares has been calculated to be 2,74,92,452 shares. The 52-week high of Argo Group International Holdings Ltd. is $66.4 and the 52-week low is $45.7.
On May 3, 2016, Argo Group International Holdings Ltd. announced a cash dividend of $0.2200. The company’s management has announced May 27, 2016 as the ex-dividend date and fixed the record date on Jun 1, 2016. The payable date has been fixed on Jun 17, 2016.
Argo Group International Holdings Ltd. is an underwriter of specialty insurance and reinsurance products in the property and casualty market. The Company operates through four segments: Excess and Surplus Lines (E&S) Commercial Specialty International Specialty and Syndicate 1200. Excess and Surplus Lines segment carriers focus on risks that the standard (admitted) market is unwilling or unable to underwrite. Commercial Specialty segment provides property casualty and surety coverages designed to meet the insurance needs of businesses within certain markets. International Specialty segment underwrites insurance and reinsurance risks. The Syndicate 1200 segment underwrites worldwide property specialty and non-United States liability insurance.