Insider Selling: Assurant (NYSE:AIZ) CAO Sells 2,000 Shares of Stock

May 28, 2026 by InsiderTrades.com

Key Points

Assurant CAO Dimitry Dirienzo sold 2,000 shares on May 26 at an average price of $255.68, totaling $511,360. After the sale, he still held 2,741 shares, a 42.19% reduction in his ownership.
Assurant recently beat earnings expectations, reporting $5.95 EPS versus the $5.29 consensus and revenue of $3.42 billion versus $3.29 billion expected. Quarterly revenue rose 11.3% year over year.
The company also announced a quarterly dividend of $0.88 per share, payable June 29, which implies an annualized yield of 1.4%. Meanwhile, analysts remain mostly bullish with a consensus rating of “Moderate Buy” and an average target price of $275.83.

Assurant, Inc. (NYSE:AIZ - Get Free Report) CAO Dimitry Dirienzo sold 2,000 shares of Assurant stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $255.68, for a total value of $511,360.00. Following the completion of the transaction, the chief accounting officer directly owned 2,741 shares in the company, valued at approximately $700,818.88. This represents a 42.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Dimitry Dirienzo also recently made the following trade(s):

On Friday, March 20th, Dimitry Dirienzo sold 750 shares of Assurant stock. The stock was sold at an average price of $210.98, for a total value of $158,235.00.

Assurant Stock Performance

Shares of AIZ opened at $251.79 on Thursday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.39 and a quick ratio of 0.39. The stock has a 50-day moving average of $231.12 and a 200-day moving average of $230.73. The company has a market cap of $12.48 billion, a PE ratio of 12.88 and a beta of 0.56. Assurant, Inc. has a one year low of $183.39 and a one year high of $260.96.

Assurant (NYSE:AIZ - Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $5.95 EPS for the quarter, beating the consensus estimate of $5.29 by $0.66. The firm had revenue of $3.42 billion during the quarter, compared to the consensus estimate of $3.29 billion. Assurant had a return on equity of 20.32% and a net margin of 7.60%.The company's quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $5.79 earnings per share. On average, equities research analysts predict that Assurant, Inc. will post 21.04 EPS for the current fiscal year.

Assurant Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 8th will be given a $0.88 dividend. The ex-dividend date of this dividend is Monday, June 8th. This represents a $3.52 annualized dividend and a yield of 1.4%. Assurant's payout ratio is currently 18.01%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Ascent Group LLC raised its holdings in shares of Assurant by 0.8% during the fourth quarter. Ascent Group LLC now owns 5,339 shares of the financial services provider's stock valued at $1,286,000 after purchasing an additional 43 shares during the last quarter. ProShare Advisors LLC raised its stake in Assurant by 0.3% during the 4th quarter. ProShare Advisors LLC now owns 17,064 shares of the financial services provider's stock worth $4,110,000 after acquiring an additional 47 shares during the period. Illinois Municipal Retirement Fund raised its stake in Assurant by 0.3% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 15,917 shares of the financial services provider's stock worth $3,448,000 after acquiring an additional 48 shares during the period. Root Financial Partners LLC lifted its holdings in Assurant by 27.5% in the 1st quarter. Root Financial Partners LLC now owns 246 shares of the financial services provider's stock worth $54,000 after purchasing an additional 53 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund lifted its holdings in Assurant by 0.9% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 5,739 shares of the financial services provider's stock worth $1,250,000 after purchasing an additional 54 shares in the last quarter. 92.65% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on AIZ. Morgan Stanley upgraded Assurant from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $240.00 to $285.00 in a research note on Thursday, May 14th. Wall Street Zen cut shares of Assurant from a "buy" rating to a "hold" rating in a research report on Saturday, February 14th. Piper Sandler upped their price target on shares of Assurant from $268.00 to $290.00 and gave the company an "overweight" rating in a report on Tuesday. Truist Financial raised their price target on Assurant from $280.00 to $290.00 and gave the stock a "buy" rating in a research note on Thursday, May 7th. Finally, UBS Group lifted their price target on Assurant from $270.00 to $274.00 and gave the company a "buy" rating in a research report on Monday, May 11th. Nine equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $275.83.

View Our Latest Analysis on Assurant

About Assurant

(Get Free Report)

Assurant, Inc is a global provider of risk management products and services, specializing in the housing and lifestyle markets. The company offers insurance and related products designed to help consumers protect their homes, personal belongings, and electronic devices. Its core offerings include renters insurance, manufactured housing finance, flood insurance, mobile device protection plans, and extended service contracts for appliances and electronics.

Within its Global Housing segment, Assurant partners with mortgage lenders, financial institutions and government agencies to deliver specialty insurance and risk mitigation services.