W.R. Berkley (NYSE:WRB) Shares Sold Off Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of W.R. Berkley Corporation (NYSE:WRB). In a filing disclosed on July 02nd, the Representative disclosed that they had sold between $1,001 and $15,000 in W.R. Berkley stock on June 5th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Texas Roadhouse (NASDAQ:TXRH) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Texas Capital Bancshares (NASDAQ:TCBI) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Microchip Technology (NASDAQ:MCHP) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 6/30/2026.

W.R. Berkley Trading Up 0.0%

Shares of WRB traded up $0.01 during mid-day trading on Friday, reaching $72.09. The company had a trading volume of 1,921,716 shares, compared to its average volume of 2,016,885. The stock has a market cap of $26.84 billion, a price-to-earnings ratio of 15.27, a price-to-earnings-growth ratio of 3.41 and a beta of 0.29. The firm has a fifty day simple moving average of $67.53 and a 200-day simple moving average of $68.22. W.R. Berkley Corporation has a fifty-two week low of $62.87 and a fifty-two week high of $78.96. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.29.

W.R. Berkley (NYSE:WRB) last released its quarterly earnings data on Tuesday, April 21st. The insurance provider reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.17. W.R. Berkley had a return on equity of 18.92% and a net margin of 12.64%.The business had revenue of $3.69 billion during the quarter, compared to the consensus estimate of $3.18 billion. During the same period in the prior year, the firm posted $1.01 EPS. The business’s revenue for the quarter was up 1.3% on a year-over-year basis. On average, sell-side analysts anticipate that W.R. Berkley Corporation will post 4.67 EPS for the current fiscal year.

W.R. Berkley Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Tuesday, June 23rd were paid a dividend of $0.10 per share. This is an increase from W.R. Berkley’s previous quarterly dividend of $0.09. This represents a $0.40 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, June 23rd. W.R. Berkley’s payout ratio is 8.47%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Bank of America reduced their price objective on W.R. Berkley from $68.00 to $67.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 14th. BMO Capital Markets upgraded shares of W.R. Berkley from an “underperform” rating to a “market perform” rating and boosted their price objective for the stock from $64.00 to $68.00 in a research note on Thursday, April 23rd. UBS Group set a $68.00 price objective on shares of W.R. Berkley and gave the stock a “neutral” rating in a research report on Monday, April 27th. Cantor Fitzgerald cut shares of W.R. Berkley from an “overweight” rating to a “neutral” rating and decreased their price target for the stock from $75.00 to $71.00 in a research report on Thursday, April 9th. Finally, Argus downgraded W.R. Berkley from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Three equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $68.31.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Mitsui Sumitomo Insurance Co. Ltd. acquired a new stake in shares of W.R. Berkley during the fourth quarter valued at about $3,542,919,000. Jefferies Financial Group Inc. purchased a new stake in W.R. Berkley during the 3rd quarter worth approximately $682,816,000. Norges Bank acquired a new position in shares of W.R. Berkley in the 4th quarter valued at approximately $435,752,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of W.R. Berkley by 35,572.5% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,219,902 shares of the insurance provider’s stock valued at $155,660,000 after buying an additional 2,213,679 shares during the last quarter. Finally, Invesco Ltd. grew its position in shares of W.R. Berkley by 33.4% during the third quarter. Invesco Ltd. now owns 4,892,799 shares of the insurance provider’s stock worth $374,886,000 after buying an additional 1,224,363 shares in the last quarter. 68.82% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About W.R. Berkley

W. R. Berkley Corporation (NYSE: WRB) is a publicly traded insurance holding company that underwrites and sells commercial property and casualty insurance, specialty insurance products, and reinsurance. Headquartered in Greenwich, Connecticut, the company operates a portfolio of underwriting businesses that focus on niche and specialty commercial risks, offering coverage tailored to industries such as transportation, construction, professional services and other commercial lines.

The company’s product mix includes primary and excess casualty, property, professional liability, environmental and other specialty lines, together with treaty and facultative reinsurance solutions.