Key Points
- Insider sale: Sandip Kapadia sold 5,030 SKWD shares on Dec. 18 at an average price of $50.01 for about $251,550, cutting his position by 38.43% to 8,059 shares (SEC filing).
- Stock snapshot: SKWD trades near $51.13 with a market cap of $2.07B, a P/E of 15.08, a 52‑week range of $41.28–$65.05 and 50/200‑day SMAs of $47.65 and $50.37.
- Analyst sentiment: The consensus rating is a "Moderate Buy" (1 Strong Buy, 10 Buy, 3 Hold) with a $64.27 average price target after several recent upgrades and target increases.
Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD - Get Free Report) insider Sandip Kapadia sold 5,030 shares of the firm's stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $50.01, for a total value of $251,550.30. Following the completion of the transaction, the insider owned 8,059 shares of the company's stock, valued at $403,030.59. The trade was a 38.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Skyward Specialty Insurance Group Stock Performance
NASDAQ:SKWD opened at $51.13 on Friday. Skyward Specialty Insurance Group, Inc. has a 52-week low of $41.28 and a 52-week high of $65.05. The company has a market cap of $2.07 billion, a P/E ratio of 15.08 and a beta of 0.55. The stock's 50-day simple moving average is $47.65 and its 200 day simple moving average is $50.37.
Skyward Specialty Insurance Group (NASDAQ:SKWD - Get Free Report) last posted its quarterly earnings results on Wednesday, October 29th. The company reported $1.05 earnings per share for the quarter, beating analysts' consensus estimates of $0.85 by $0.20. The firm had revenue of $382.53 million during the quarter, compared to the consensus estimate of $334.54 million. Skyward Specialty Insurance Group had a return on equity of 17.30% and a net margin of 10.57%.During the same period last year, the company earned $0.71 earnings per share. As a group, equities analysts predict that Skyward Specialty Insurance Group, Inc. will post 3.05 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on SKWD shares. Wolfe Research upgraded shares of Skyward Specialty Insurance Group to an "outperform" rating in a research note on Monday, September 15th. JMP Securities set a $80.00 price target on Skyward Specialty Insurance Group in a report on Thursday, December 4th. Keefe, Bruyette & Woods upped their price objective on shares of Skyward Specialty Insurance Group from $64.00 to $66.00 and gave the company an "outperform" rating in a report on Friday, December 5th. BMO Capital Markets raised their target price on shares of Skyward Specialty Insurance Group from $52.00 to $55.00 and gave the stock a "market perform" rating in a research note on Monday, September 8th. Finally, Wall Street Zen raised shares of Skyward Specialty Insurance Group from a "hold" rating to a "buy" rating in a report on Saturday, November 8th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $64.27.
Get Our Latest Analysis on Skyward Specialty Insurance Group
Institutional Investors Weigh In On Skyward Specialty Insurance Group
Hedge funds and other institutional investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd grew its stake in shares of Skyward Specialty Insurance Group by 2,223.1% in the second quarter. Caitong International Asset Management Co. Ltd now owns 604 shares of the company's stock valued at $35,000 after acquiring an additional 578 shares in the last quarter. Assetmark Inc. grew its position in shares of Skyward Specialty Insurance Group by 1,210.5% during the 3rd quarter. Assetmark Inc. now owns 747 shares of the company's stock worth $36,000 after purchasing an additional 690 shares in the last quarter. Quarry LP increased its holdings in shares of Skyward Specialty Insurance Group by 558.9% during the third quarter. Quarry LP now owns 995 shares of the company's stock worth $47,000 after purchasing an additional 844 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of Skyward Specialty Insurance Group by 840.1% in the third quarter. PNC Financial Services Group Inc. now owns 1,664 shares of the company's stock valued at $79,000 after buying an additional 1,487 shares during the period. Finally, Osaic Holdings Inc. grew its position in Skyward Specialty Insurance Group by 140.9% during the second quarter. Osaic Holdings Inc. now owns 1,462 shares of the company's stock worth $84,000 after buying an additional 855 shares in the last quarter. Institutional investors and hedge funds own 94.83% of the company's stock.
About Skyward Specialty Insurance Group
(
Get Free Report)
Skyward Specialty Insurance Group, Inc (NASDAQ: SKWD) is a publicly traded specialty property and casualty insurance underwriter. The company focuses on niche market segments, offering tailored insurance solutions designed to address the specific risk profiles of its target industries.
Through its underwriting platform, Skyward Specialty provides coverage in areas including general liability, professional liability, commercial package, inland marine and other selected specialty lines. Its products are distributed primarily through a network of wholesale brokers, program administrators and managing general agents, enabling the company to reach a diverse client base and adapt quickly to evolving market needs.
Headquartered in the United States, Skyward Specialty Insurance Group operates across multiple states and applies data-driven underwriting and risk management practices to maintain disciplined reserving and consistent performance.
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