Insider Selling: Stewart Information Services (NYSE:STC) CFO Sells 10,992 Shares of Stock

Stewart Information Services Corporation (NYSE:STC) CFO David Hisey sold 10,992 shares of the company’s stock in a transaction on Friday, April 24th. The shares were sold at an average price of $71.28, for a total value of $783,509.76. Following the completion of the sale, the chief financial officer owned 61,929 shares in the company, valued at $4,414,299.12. This trade represents a 15.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Stewart Information Services Price Performance

NYSE:STC traded up $0.40 during trading hours on Monday, reaching $72.07. The company had a trading volume of 225,359 shares, compared to its average volume of 244,558. The stock has a 50-day moving average of $65.04 and a two-hundred day moving average of $68.85. Stewart Information Services Corporation has a one year low of $56.39 and a one year high of $78.61. The firm has a market capitalization of $2.19 billion, a PE ratio of 16.09 and a beta of 1.03. The company has a quick ratio of 2.21, a current ratio of 2.12 and a debt-to-equity ratio of 0.39.

Stewart Information Services (NYSE:STC) last announced its quarterly earnings results on Wednesday, April 22nd. The insurance provider reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.26. Stewart Information Services had a return on equity of 10.07% and a net margin of 4.19%.The firm had revenue of $778.40 million for the quarter, compared to analysts’ expectations of $730.43 million. During the same period in the prior year, the business posted $0.25 earnings per share. The business’s revenue was up 27.7% compared to the same quarter last year.

Stewart Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Monday, March 16th. Stewart Information Services’s dividend payout ratio is 46.88%.

Institutional Trading of Stewart Information Services

Several large investors have recently made changes to their positions in the business. Peregrine Capital Management LLC bought a new stake in shares of Stewart Information Services during the first quarter worth $3,371,000. Pictet Asset Management Holding SA lifted its stake in shares of Stewart Information Services by 18.9% during the first quarter. Pictet Asset Management Holding SA now owns 4,508 shares of the insurance provider’s stock valued at $278,000 after acquiring an additional 715 shares during the period. Louisiana State Employees Retirement System acquired a new position in shares of Stewart Information Services during the first quarter valued at $825,000. Diversified Trust Co acquired a new position in shares of Stewart Information Services during the first quarter valued at $218,000. Finally, Hsbc Holdings PLC lifted its stake in shares of Stewart Information Services by 34.0% during the fourth quarter. Hsbc Holdings PLC now owns 6,964 shares of the insurance provider’s stock valued at $487,000 after acquiring an additional 1,766 shares during the period. Institutional investors own 96.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on STC shares. Wall Street Zen upgraded Stewart Information Services from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings restated a “buy (b)” rating on shares of Stewart Information Services in a report on Friday, March 27th. Citizens Jmp started coverage on Stewart Information Services in a report on Monday, February 2nd. They set a “market outperform” rating and a $80.00 target price on the stock. Keefe, Bruyette & Woods increased their target price on Stewart Information Services from $78.00 to $81.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Stephens upgraded Stewart Information Services from an “equal weight” rating to an “overweight” rating and set a $82.00 target price on the stock in a report on Friday, February 27th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $81.00.

About Stewart Information Services

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.