Insider Selling: Stewart Information Services (NYSE:STC) Insider Sells $103,740.00 in Stock

Stewart Information Services Corporation (NYSE:STC) insider Brian Glaze sold 1,500 shares of the firm’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $69.16, for a total value of $103,740.00. Following the completion of the transaction, the insider owned 11,784 shares of the company’s stock, valued at approximately $814,981.44. This represents a 11.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Stewart Information Services Price Performance

NYSE:STC traded up $0.84 during mid-day trading on Monday, hitting $70.04. 199,126 shares of the stock traded hands, compared to its average volume of 229,414. The business’s 50-day moving average price is $67.88 and its 200 day moving average price is $66.87. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.39. The company has a market cap of $2.14 billion, a PE ratio of 15.36 and a beta of 0.98. Stewart Information Services Corporation has a 12-month low of $57.10 and a 12-month high of $78.61.

Stewart Information Services (NYSE:STC) last announced its quarterly earnings results on Wednesday, July 22nd. The insurance provider reported $1.39 EPS for the quarter, missing the consensus estimate of $1.63 by ($0.24). Stewart Information Services had a net margin of 4.12% and a return on equity of 10.02%. The firm had revenue of $895.80 million during the quarter, compared to the consensus estimate of $838.07 million. The firm’s revenue for the quarter was up 24.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.34 earnings per share. On average, analysts expect that Stewart Information Services Corporation will post 5.26 EPS for the current fiscal year.

Stewart Information Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a dividend of $0.525 per share. The ex-dividend date was Monday, June 15th. This represents a $2.10 annualized dividend and a dividend yield of 3.0%. Stewart Information Services’s dividend payout ratio (DPR) is 46.05%.

Analysts Set New Price Targets

STC has been the topic of a number of recent research reports. Keefe, Bruyette & Woods cut Stewart Information Services from an “outperform” rating to a “market perform” rating and reduced their price objective for the company from $77.00 to $71.00 in a research note on Monday, July 27th. Zacks Research lowered shares of Stewart Information Services from a “hold” rating to a “strong sell” rating in a research note on Monday, July 27th. Wall Street Zen downgraded Stewart Information Services from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Weiss Ratings upgraded Stewart Information Services from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, June 5th. Finally, Benchmark began coverage on Stewart Information Services in a research report on Tuesday, July 21st. They issued a “buy” rating and a $87.00 target price for the company. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $81.50.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. ProShare Advisors LLC grew its stake in Stewart Information Services by 3.1% during the 4th quarter. ProShare Advisors LLC now owns 5,407 shares of the insurance provider’s stock valued at $380,000 after acquiring an additional 164 shares in the last quarter. Alliancebernstein L.P. lifted its stake in Stewart Information Services by 0.9% in the 3rd quarter. Alliancebernstein L.P. now owns 28,704 shares of the insurance provider’s stock worth $2,105,000 after purchasing an additional 254 shares in the last quarter. Maryland State Retirement & Pension System boosted its holdings in shares of Stewart Information Services by 7.0% during the 1st quarter. Maryland State Retirement & Pension System now owns 4,378 shares of the insurance provider’s stock worth $270,000 after purchasing an additional 287 shares during the last quarter. Illinois Municipal Retirement Fund boosted its holdings in shares of Stewart Information Services by 1.9% during the 1st quarter. Illinois Municipal Retirement Fund now owns 16,116 shares of the insurance provider’s stock worth $992,000 after purchasing an additional 308 shares during the last quarter. Finally, Clearstead Advisors LLC grew its position in shares of Stewart Information Services by 50.9% in the fourth quarter. Clearstead Advisors LLC now owns 981 shares of the insurance provider’s stock valued at $69,000 after purchasing an additional 331 shares in the last quarter. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Stewart Information Services Company Profile

Stewart Information Services Corporation (NYSE: STC) is a publicly traded provider of title insurance and real estate transaction services. The company underwrites title insurance policies for residential and commercial properties, offering lenders and property owners protection against title defects and liens. Beyond title insurance, Stewart delivers a range of ancillary services, including closing and escrow administration, property valuation, and risk mitigation solutions designed to streamline the mortgage process and reduce operational complexity for clients.

In addition to core title and settlement services, Stewart offers technology-driven products aimed at enhancing transparency and efficiency in real estate transactions.