New insider activity at Greenlight Capital Re ( (GLRE) ) has taken place on August 12, 2025.
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Thomas James Curnock, the Group Chief Underwriting Officer, has recently sold 11,500 shares of Greenlight Capital Re stock, amounting to a total value of $148,695.
Recent Updates on GLRE stock
Greenlight Capital Re recently held its Q2 earnings call, revealing mixed results that have influenced its stock outlook. The company reported a modest net income of $0.3 million for the quarter, with a 6.3% increase in gross premiums written, reflecting solid underwriting performance. However, investment challenges, particularly a $7.8 million loss and a 4% decline in the Solasglas fund, weighed on overall returns. The Innovations segment faced difficulties, with a combined ratio of 107% due to adverse reserve development. Despite these challenges, Greenlight Re increased its book value per share by 5.7% and improved its combined ratio to 95.0%, demonstrating effective cost management. The company also repurchased $5 million worth of stock, signaling confidence in future prospects. Analysts have noted a strong balance sheet but highlighted operational challenges and external economic risks, contributing to a neutral outlook on the stock.
Spark’s Take on GLRE Stock
According to Spark, TipRanks’ AI Analyst, GLRE is a Neutral.
Greenlight Capital Re’s overall score reflects a balance of strengths and challenges. The company’s strong financial position with no debt is a positive, but operational and cash flow issues pose risks. Technical indicators suggest bearish momentum, while valuation appears reasonable. Mixed results from the earnings call highlight both achievements and areas needing improvement.
To see Spark’s full report on GLRE stock, click here.
More about Greenlight Capital Re
YTD Price Performance: -5.18%
Average Trading Volume: 130,507
Technical Sentiment Signal: Sell
Current Market Cap: $444.6M