On Tuesday, Enact Holdings Inc (NASDAQ: ACT) opened lower -0.93% from the last session, before settling in for the closing price of $35.59. Price fluctuations for ACT have ranged from $28.98 to $37.42 over the past 52 weeks.
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Financial Sector giant saw their annual sales surged by 4.31% over the last five years. Company’s average yearly earnings per share was noted -5.41% at the time writing. With a float of $30.30 million, this company’s outstanding shares have now reached $152.32 million.
The firm has a total of 421 workers. Let’s measure their productivity. In terms of profitability, gross margin is 99.82%, operating margin of 75.76%, and the pretax margin is 72.89%.
Enact Holdings Inc (ACT) Insider Activity
A key investor’s attitude towards the stock of the Insurance – Specialty industry is another important factor to consider. The insider ownership of Enact Holdings Inc is 79.99%, while institutional ownership is 18.98%. The most recent insider transaction that took place on Mar 31 ’25, was worth 19,555,679. In this transaction 10% Owner of this company sold 577,361 shares at a rate of $33.87, taking the stock ownership to the 122,173,805 shares. Before that another transaction happened on Mar 06 ’25, when Company’s EVP & Chief Operations Officer sold 15,000 for $33.60, making the entire transaction worth $504,000. This insider now owns 29,692 shares in total.
Enact Holdings Inc (ACT) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.82% during the next five years compared to 4.81% growth over the previous five years of trading.
Enact Holdings Inc (NASDAQ: ACT) Trading Performance Indicators
Check out the current performance indicators for Enact Holdings Inc (ACT). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.44. Likewise, its price to free cash flow for the trailing twelve months is 7.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.37, a number that is poised to hit 1.08 in the next quarter and is forecasted to reach 4.44 in one year’s time.
Technical Analysis of Enact Holdings Inc (ACT)
Analysing the last 5-days average volume posted by the [Enact Holdings Inc, ACT], we can find that recorded value of 1.86 million was better than the volume posted last year of 0.38 million. As of the previous 9 days, the stock’s Stochastic %D was 79.51%. Additionally, its Average True Range was 1.12.
During the past 100 days, Enact Holdings Inc’s (ACT) raw stochastic average was set at 78.70%, which indicates a significant increase from 76.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.78% in the past 14 days, which was higher than the 22.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.91, while its 200-day Moving Average is $34.06. Now, the first resistance to watch is $35.78. This is followed by the second major resistance level at $36.30. The third major resistance level sits at $36.69. If the price goes on to break the first support level at $34.87, it is likely to go to the next support level at $34.48. Should the price break the second support level, the third support level stands at $33.96.
Enact Holdings Inc (NASDAQ: ACT) Key Stats
There are currently 151,391K shares outstanding in the company with a market cap of 5.34 billion. Presently, the company’s annual sales total 1,202 M according to its annual income of 688,070 K. Last quarter, the company’s sales amounted to 301,780 K and its income totaled 162,740 K.
