Bernard F. Becker Sells 100 Shares of Enstar Group Limited (NASDAQ:ESGR) Stock

Enstar Group Limited (NASDAQ:ESGR) Director Bernard F. Becker sold 100 shares of Enstar Group stock in a transaction on Thursday, December 19th. The shares were sold at an average price of $323.44, for a total value of $32,344.00. Following the completion of the transaction, the director now owns 2,179 shares of the company’s stock, valued at approximately $704,775.76. This trade represents a 4.39 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Enstar Group Price Performance

Shares of NASDAQ:ESGR opened at $321.95 on Friday. Enstar Group Limited has a 12 month low of $262.54 and a 12 month high of $348.48. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.33. The stock has a market cap of $4.90 billion, a P/E ratio of 4.87 and a beta of 0.65. The company has a 50 day moving average of $324.26 and a 200 day moving average of $321.51.

Enstar Group (NASDAQ:ESGR) last issued its quarterly earnings data on Tuesday, November 12th. The insurance provider reported $8.51 earnings per share (EPS) for the quarter. The company had revenue of $177.00 million for the quarter. Enstar Group had a return on equity of 17.33% and a net margin of 73.26%.

Institutional Trading of Enstar Group

Several institutional investors and hedge funds have recently modified their holdings of ESGR. Daiwa Securities Group Inc. increased its position in shares of Enstar Group by 0.5% in the second quarter. Daiwa Securities Group Inc. now owns 6,958 shares of the insurance provider’s stock worth $2,127,000 after purchasing an additional 38 shares during the last quarter. CWM LLC grew its stake in Enstar Group by 22.0% in the 3rd quarter. CWM LLC now owns 227 shares of the insurance provider’s stock worth $73,000 after buying an additional 41 shares in the last quarter. US Bancorp DE increased its holdings in shares of Enstar Group by 40.7% in the 3rd quarter. US Bancorp DE now owns 211 shares of the insurance provider’s stock worth $68,000 after buying an additional 61 shares during the last quarter. Arizona State Retirement System raised its position in shares of Enstar Group by 1.9% during the 2nd quarter. Arizona State Retirement System now owns 3,404 shares of the insurance provider’s stock valued at $1,041,000 after buying an additional 63 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Enstar Group by 3.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 1,721 shares of the insurance provider’s stock worth $526,000 after acquiring an additional 65 shares during the last quarter. Hedge funds and other institutional investors own 81.01% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Enstar Group in a report on Sunday. They set a “hold” rating for the company.

About Enstar Group

Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios in run-off in Bermuda and internationally. It engages in the run-off property and casualty; other reinsurance; life and catastrophe; and legacy underwriting businesses; as well as investment activities. The company also provides consulting services, including claims inspection, claims validation, reinsurance asset collection, syndicate management, and IT consulting services to the insurance and reinsurance industry.