Insider Selling: White Mountains Insurance Group (NYSE:WTM) Director Sells $338,004.15 in Stock

White Mountains Insurance Group, Ltd. (NYSE:WTM) Director Philip Gelston sold 165 shares of the business’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $2,048.51, for a total value of $338,004.15. Following the completion of the sale, the director directly owned 1,568 shares of the company’s stock, valued at $3,212,063.68. The trade was a 9.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

White Mountains Insurance Group Stock Performance

NYSE:WTM traded down $20.94 during mid-day trading on Tuesday, reaching $2,047.23. 29,731 shares of the stock were exchanged, compared to its average volume of 19,906. The stock has a market capitalization of $5.20 billion, a P/E ratio of 37.67 and a beta of 0.36. White Mountains Insurance Group, Ltd. has a 1 year low of $1,648.00 and a 1 year high of $2,127.97. The company has a 50 day simple moving average of $1,951.14 and a 200-day simple moving average of $1,842.47. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.14.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings data on Thursday, November 6th. The insurance provider reported $72.21 earnings per share for the quarter, beating the consensus estimate of $57.00 by $15.21. The business had revenue of $864.20 million during the quarter. White Mountains Insurance Group had a return on equity of 7.19% and a net margin of 5.63%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of White Mountains Insurance Group in a research report on Monday. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

Institutional Investors Weigh In On White Mountains Insurance Group

Large investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP lifted its position in shares of White Mountains Insurance Group by 0.9% during the third quarter. Dimensional Fund Advisors LP now owns 157,217 shares of the insurance provider’s stock worth $262,792,000 after purchasing an additional 1,464 shares in the last quarter. Cooke & Bieler LP increased its holdings in White Mountains Insurance Group by 40.5% during the 3rd quarter. Cooke & Bieler LP now owns 107,851 shares of the insurance provider’s stock worth $180,275,000 after purchasing an additional 31,070 shares during the last quarter. Boston Partners raised its position in shares of White Mountains Insurance Group by 4.9% in the 2nd quarter. Boston Partners now owns 89,394 shares of the insurance provider’s stock valued at $160,471,000 after purchasing an additional 4,158 shares in the last quarter. Fiduciary Management Inc. WI boosted its stake in shares of White Mountains Insurance Group by 46.2% during the 1st quarter. Fiduciary Management Inc. WI now owns 71,795 shares of the insurance provider’s stock valued at $138,264,000 after buying an additional 22,681 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. grew its position in shares of White Mountains Insurance Group by 8.2% during the first quarter. T. Rowe Price Investment Management Inc. now owns 62,466 shares of the insurance provider’s stock worth $120,298,000 after buying an additional 4,711 shares in the last quarter. Institutional investors and hedge funds own 88.65% of the company’s stock.

About White Mountains Insurance Group

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through HG Global/BAM, Ark/WM Outrigger, Kudu, and Other Operations segments. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services.