In a report released today, Ryan Nash from Goldman Sachs maintained a Sell rating on Enact Holdings (ACT – Research Report). The company’s shares closed today at $27.04.
Nash covers the Financial sector, focusing on stocks such as BankUnited, KeyCorp, and Ally Financial. According to TipRanks, Nash has an average return of 4.6% and a 57.60% success rate on recommended stocks.
Currently, the analyst consensus on Enact Holdings is a Moderate Buy with an average price target of $28.00.
See today’s best-performing stocks on TipRanks >>
The company has a one-year high of $27.85 and a one-year low of $20.35. Currently, Enact Holdings has an average volume of 279.1K.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ACT in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Enact Holdings Inc is a private mortgage insurance provider. It is committed towards helping more people to achieve the dream of homeownership.
Read More on ACT:
