Arch Capital Group Ltd’s recently made public that its OFFICER OF SUBSIDIARY PETRILLO LOUIS T unloaded Company’s shares for reported $1.06 million on Mar 05 ’25. In the deal valued at $91.00 per share,11,600 shares were sold. As a result of this transaction, PETRILLO LOUIS T now holds 140,023 shares worth roughly $13.06 million.
Then, PETRILLO LOUIS T sold 9,400 shares, generating $871,698 in total proceeds. Upon selling the shares at $92.73, the OFFICER OF SUBSIDIARY now owns 140,023 shares.
Before that, PETRILLO LOUIS T bought 21,000 shares. Arch Capital Group Ltd shares valued at $1,947,410 were divested by the Officer at a price of $92.73 per share.
Barclays initiated its Arch Capital Group Ltd [ACGL] rating to an Equal weight in a research note published on September 05, 2024; the price target was $120. A number of analysts have revised their coverage, including ROTH MKM’s analysts, who remained covering the stock and in late August has reiterated a ‘”a Buy”‘ rating for it. TD Cowen began covering ACGL with “an Outperform” recommendation on January 10, 2024. Evercore ISI started covering the stock on December 14, 2023. It rated ACGL as “an In-line”.
Price Performance Review of ACGL
On Tuesday, Arch Capital Group Ltd [NASDAQ:ACGL] saw its stock fall -2.08% to $93.30. Over the last five days, the stock has gained 3.56%. Arch Capital Group Ltd shares have risen nearly 1.03% since the year began. Nevertheless, the stocks have risen 7.79% over the past one year. While a 52-week high of $110.75 was reached on 01/17/25, a 52-week low of $84.85 was recorded on 02/11/25. SMA at 50 days reached $91.90, while 200 days put it at $99.58.
Levels Of Support And Resistance For ACGL Stock
The 24-hour chart illustrates a support level at 92.31, which if violated will result in even more drops to 91.31. On the upside, there is a resistance level at 95.10. A further resistance level may holdings at 96.89. The Relative Strength Index (RSI) on the 14-day chart is 55.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.92, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 34.37%. Stochastics %K at 77.92% indicates the stock is a holding.
How much short interest is there in Arch Capital Group Ltd?
A steep rise in short interest was recorded in Arch Capital Group Ltd stocks on 2025-02-28, dropping by 85557.0 shares to a total of 4.66 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 4.74 million shares. There was a decline of -1.84%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 22, 2023 when Citigroup began covering the stock and recommended ‘”a Neutral”‘ rating along with a $91 price target.
