New insider activity at Enact Holdings ( (ACT) ) has taken place on May 9, 2025.
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Controller James McMullen recently sold 4,000 shares of Enact Holdings stock, generating a total of $145,760 from the transaction.
Recent Updates on ACT stock
In the last 24 hours, Enact Holdings has seen notable developments impacting its stock. UBS raised its price target for Enact Holdings to $40, citing the company’s strong financial performance and effective capital allocation, despite ongoing market challenges. Conversely, Keefe Bruyette downgraded the stock to Market Perform due to valuation concerns, as the shares are trading near their price target of $39. Enact’s Q1 2025 earnings report showed robust financial results with an adjusted operating income of $169 million and a 6% increase in adjusted EPS to $1.10. The company announced a $350 million share repurchase program and a 14% increase in dividends, reflecting a commitment to shareholder value. However, challenges such as a 26% decrease in new insurance written and increased losses were also highlighted. Despite these hurdles, Enact remains optimistic about its financial trajectory and strategic initiatives, supported by a solid capital foundation and favorable delinquency trends.
Spark’s Take on ACT Stock
According to Spark, TipRanks’ AI Analyst, ACT is a Outperform.
Enact Holdings is well-positioned with a solid financial foundation, strong profitability, and zero debt reliance. Positive technical indicators and attractive valuation metrics, such as a low P/E ratio and strong dividend yield, support the stock’s appeal. The earnings call presents a balanced outlook with strong results offset by market challenges. Recent corporate events add to the positive sentiment but have a limited impact on the overall score.
To see Spark’s full report on ACT stock, click here.
More about Enact Holdings
YTD Price Performance: 13.48%
Average Trading Volume: 446,679
Technical Sentiment Signal: Buy
Current Market Cap: $5.44B