In a filing, Essent Group Ltd revealed its SVP and CFO WEINSTOCK DAVID B unloaded Company’s shares for reported $0.13 million on Sep 18 ’24. In the deal valued at $63.59 per share,2,000 shares were sold. As a result of this transaction, WEINSTOCK DAVID B now holds 25,416 shares worth roughly $1.43 million.
Then, WEINSTOCK DAVID B bought 2,000 shares, generating $127,179 in total proceeds.
Before that, KASMAR ROY JAMES sold 5,000 shares. Essent Group Ltd shares valued at $294,050 were divested by the Director at a price of $58.81 per share. As a result of the transaction, KASMAR ROY JAMES now holds 27,140 shares, worth roughly $1.53 million.
JP Morgan upgraded its Essent Group Ltd [ESNT] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in early January from “an Overweight” to “an Equal weight”. Keefe Bruyette also remained covering ESNT and has increased its forecast on August 05, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. JP Morgan revised its rating on April 03, 2024. It rated ESNT as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of ESNT
On Tuesday, Essent Group Ltd [NYSE:ESNT] saw its stock jump 0.63% to $56.30. Over the last five days, the stock has gained 1.66%. Essent Group Ltd shares have risen nearly 3.42% since the year began. Nevertheless, the stocks have risen 4.53% over the past one year. While a 52-week high of $65.33 was reached on 01/28/25, a 52-week low of $51.61 was recorded on 04/09/25. SMA at 50 days reached $55.88, while 200 days put it at $58.47.
Levels Of Support And Resistance For ESNT Stock
The 24-hour chart illustrates a support level at 55.75, which if violated will result in even more drops to 55.21. On the upside, there is a resistance level at 56.61. A further resistance level may holdings at 56.93. The Relative Strength Index (RSI) on the 14-day chart is 53.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.62, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.50%. Stochastics %K at 82.44% indicates the stock is a selling.
How much short interest is there in Essent Group Ltd?
A steep rise in short interest was recorded in Essent Group Ltd stocks on 2025-04-15, dropping by -0.93 million shares to a total of 0.87 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 1.8 million shares. There was a decline of -106.88%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 06, 2023 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $54 price target.
