XL Group plc (XL) has risen sharply, recording gains of 0.37% in the past 4 weeks. However, the stock has corrected -1.82% in the past 1 week, providing a good buying opportunity on dips. XL Group plc (XL) : During the past 4 weeks, traders have been relatively bearish on XL Group plc (XL), hence the stock is down -3.83% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.26% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 0.25% and the 50-Day Moving Average is 1.59%.
XL Group plc (NYSE:XL): The stock opened at $32.69 on Friday but the bulls could not build on the opening and the stock topped out at $32.80 for the day. The stock traded down to $32.32 during the day, due to lack of any buying support eventually closed down at $32.41 with a loss of -0.70% for the day. The stock had closed at $32.64 on the previous day. The total traded volume was 2,508,669 shares.
The company Insiders own 2.59% of XL Group plc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 8.93% . Institutional Investors own 92.66% of XL Group plc shares. During last six month period, the net percent change held by insiders has seen a change of 8.93%. In a related news, Whelley Eileen Goss, officer (Chief Human Resource Officer) of Xl Group Plc, executed a transaction worth $48,450 on May 3, 2016. A total of 1,500 shares were purchased at an average price of $32.3. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
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 Companys 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 Companys reinsurance operations are structured geographically into business groups: Bermuda, North America and International (Europe, Asia Pacific, Latin America and Middle East North Africa (MENA)).