Argo Group International Holdings, Ltd. (AGII): Jay Stanley Bullock , Chief Financial Officer of Argo Group International Holdings, Ltd. sold 18,661 shares on Sep 8, 2016. The Insider selling transaction was reported by the company on Sep 12, 2016 to the Securities and Exchange Commission. The shares were sold at $56.53 per share for a total value of $1,056,530.62 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 24, 2016, Kevin James Rehnberg (President, U.S. Operations) sold 5,000 shares at $55.90 per share price.On Aug 19, 2016, Mark E Iii Watson (President and CEO) sold 10,498 shares at $55.54 per share price.Also, On Aug 17, 2016, F Sedgwick Browne (director) sold 3,762 shares at $54.97 per share price.On Jun 8, 2016, Jay Stanley Bullock (Chief Financial Officer) sold 11,248 shares at $53.51 per share price.
Argo Group International Holdings Ltd.: On Monday, Sep 12, 2016 heightened volatility was witnessed in Argo Group International Holdings Ltd. which led to swings in the share price. The shares opened for trading at $55.84 and hit $56.41 on the upside , eventually ending the session at $56.37, with a gain of 1.15% or 0.64 points. The heightened volatility saw the trading volume jump to 80,347 shares. The 52-week high of the share price is $60.363636 and the company has a market cap of $1,694 M . The 52-week low of the share price is at $41.545454.
Company has been under the radar of several Street Analysts.Argo Group International Holdings Ltd. is Reiterated by Compass Point to Neutral and the brokerage firm has raised the Price Target to $ 54 from a previous price target of $52 .The Rating was issued on Aug 4, 2016.Argo Group International Holdings Ltd. is Initiated by JMP Securities to Mkt Perform. The Rating was issued on Jun 27, 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.