New insider activity at Enact Holdings ( (ACT) ) has taken place on October 1, 2025.
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Genworth Holdings, Inc., a significant shareholder, has made a notable move by selling 922,169 shares of Enact Holdings stock. This transaction is valued at an impressive $35,355,959.
Recent Updates on ACT stock
Enact Holdings has recently entered into a new Credit Agreement, establishing a $435 million revolving credit facility, which includes a $217.5 million accordion, replacing its previous $200 million facility. This move is part of the company’s financial restructuring efforts. Analysts have given the stock a ‘Buy’ rating, with a price target of $40.00, driven by the company’s robust financial performance, attractive valuation, strong balance sheet, zero debt reliance, and strong cash flows. Despite challenges in the housing market and economic uncertainties, positive technical indicators and an optimistic earnings call contribute to the favorable outlook.
Spark’s Take on ACT Stock
According to Spark, TipRanks’ AI Analyst, ACT is a Outperform.
Enact Holdings receives a strong overall stock score of 84.3, driven primarily by its robust financial performance and attractive valuation. The company’s solid balance sheet, zero debt reliance, and strong cash flows provide a stable foundation. Positive technical indicators and an optimistic earnings call further enhance the score, despite some challenges in the housing market and economic uncertainties.
To see Spark’s full report on ACT stock, click here.
More about Enact Holdings
YTD Price Performance: 20.41%
Average Trading Volume: 362,014
Technical Sentiment Signal: Buy
Current Market Cap: $5.71B