Xl Group Plc (XL): Gregory Hendrick , CEO of Xl Group Plc purchased 8,000 shares on May 2, 2016. The Insider buying transaction was reported by the company on May 3, 2016 to the Securities and Exchange Commission. The shares were purchased at $32.43 per share for a total value of $259,408.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 2, 2016, Peter R Porrino (CFO) purchased 15,300 shares at $32.92 per share price.On Mar 15, 2016, Benjamin Meuli (EVP and Chief Inv. Officer) sold 50,000 shares at $35.46 per share price.Also, On Mar 10, 2016, Jacob D. Rosengarten (Chief Enterprise Risk Officer) sold 21,200 shares at $35.37 per share price.On Feb 12, 2015, John Kcb Vereker (director) sold 3,600 shares at $35.72 per share price.
Shares of XL Group plc (XL) ended Monday, May 2, 2016 session in red amid volatile trading. The shares closed down -0.48 points or -1.47% at $32.25 with 64,30,782 shares getting traded. Post opening the session at $32.89, the shares hit an intraday low of $31.99 and an intraday high of $33.03 and the price vacillated in this range throughout the day. The company has a market cap of $9,410 M and the number of outstanding shares has been calculated to be 29,17,94,760 shares. The 52-week high of XL Group plc is $40.48 and the 52-week low is $5.4.
Company has been under the radar of several Street Analysts.XL Group plc is Reiterated by RBC Capital Mkts to Outperform while Lowering the Price Target of the company shares to $ 40 from a previous price target of $42 . The Rating was issued on Apr 28, 2016.XL Group plc is Reiterated by Barclays to Overweight while Lowering the Price Target of the company shares to $ 39 from a previous price target of $45 . The Rating was issued on Apr 28, 2016.XL Group plc is Downgraded by Deutsche Bank to Sell while Lowering the Price Target of the company shares to $ 34 from a previous price target of $40 . Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Feb 10, 2016.
XL Group plc is a global insurance and reinsurance company providing property casualty and specialty products to industrial commercial and professional firms insurance companies and other enterprises on a worldwide basis. The Company is organized into two operating segments: Insurance and Reinsurance. The Company’s insurance operations are organized into four business groups: International Property and Casualty North America Property and Casualty Global Professional Lines and Global Specialty Lines. Its insurance operations provide customized insurance policies for complex corporate risks that may require large limits and are marketed and distributed through a wide variety of local national and international producers. The Company’s reinsurance operations are structured geographically into business groups: Bermuda North America and International (Europe Asia Pacific Latin America and Middle East North Africa (MENA)).