Insider Selling: White Mountains Insurance Group (NYSE:WTM) Director Sells $338,004.15 in Stock

White Mountains Insurance Group, Ltd. (NYSE:WTM) Director Philip Gelston sold 165 shares of White Mountains Insurance Group stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $2,048.51, for a total transaction of $338,004.15. Following the completion of the sale, the director owned 1,568 shares of the company’s stock, valued at approximately $3,212,063.68. This trade represents a 9.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

White Mountains Insurance Group Trading Down 0.5%

NYSE WTM opened at $2,037.06 on Friday. The company has a market capitalization of $5.17 billion, a price-to-earnings ratio of 37.49 and a beta of 0.36. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.75 and a quick ratio of 0.75. White Mountains Insurance Group, Ltd. has a 12 month low of $1,648.00 and a 12 month high of $2,127.97. The company’s fifty day moving average price is $1,956.43 and its two-hundred day moving average price is $1,845.23.

White Mountains Insurance Group (NYSE:WTM) last released its earnings results on Thursday, November 6th. The insurance provider reported $72.21 earnings per share for the quarter, topping the consensus estimate of $57.00 by $15.21. White Mountains Insurance Group had a net margin of 5.63% and a return on equity of 7.19%. The company had revenue of $864.20 million during the quarter.

Institutional Investors Weigh In On White Mountains Insurance Group

A number of institutional investors have recently modified their holdings of the business. Cetera Investment Advisers lifted its holdings in White Mountains Insurance Group by 3.7% in the first quarter. Cetera Investment Advisers now owns 252 shares of the insurance provider’s stock worth $485,000 after acquiring an additional 9 shares during the last quarter. Nuveen LLC acquired a new stake in shares of White Mountains Insurance Group during the 1st quarter worth approximately $14,964,000. Ethic Inc. lifted its holdings in shares of White Mountains Insurance Group by 9.6% in the 1st quarter. Ethic Inc. now owns 591 shares of the insurance provider’s stock worth $1,124,000 after purchasing an additional 52 shares during the last quarter. American Century Companies Inc. boosted its position in White Mountains Insurance Group by 30.9% during the 1st quarter. American Century Companies Inc. now owns 7,036 shares of the insurance provider’s stock valued at $13,550,000 after purchasing an additional 1,661 shares during the period. Finally, Northern Trust Corp grew its stake in White Mountains Insurance Group by 0.8% during the 1st quarter. Northern Trust Corp now owns 18,222 shares of the insurance provider’s stock worth $35,092,000 after buying an additional 151 shares during the last quarter. Institutional investors own 88.65% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of White Mountains Insurance Group in a report on Monday. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, White Mountains Insurance Group presently has a consensus rating of “Hold”.

About White Mountains Insurance Group

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through HG Global/BAM, Ark/WM Outrigger, Kudu, and Other Operations segments. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services.