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 Price Performance
Shares of WRB traded up $0.01 during trading hours on Friday, hitting $72.09. 1,921,716 shares of the company were exchanged, compared to its average volume of 2,016,885. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.29. 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 market cap of $26.84 billion, a price-to-earnings ratio of 15.27, a P/E/G ratio of 3.41 and a beta of 0.29. The firm’s fifty day moving average is $67.53 and its 200 day moving average is $68.22.
W.R. Berkley Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Tuesday, June 23rd were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Tuesday, June 23rd. This is a positive change from W.R. Berkley’s previous quarterly dividend of $0.09. W.R. Berkley’s dividend payout ratio is currently 8.47%.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on WRB. Morgan Stanley cut their price target on shares of W.R. Berkley from $73.00 to $72.00 and set an “equal weight” rating for the company in a report on Monday, April 6th. The Goldman Sachs Group raised shares of W.R. Berkley from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $71.00 to $73.00 in a research note on Monday, June 8th. Brean Capital downgraded shares of W.R. Berkley from a “buy” rating to a “neutral” rating and set a $73.00 price objective for the company. in a research report on Wednesday, March 25th. BMO Capital Markets upgraded W.R. Berkley from an “underperform” rating to a “market perform” rating and upped their target price for the stock from $64.00 to $68.00 in a research note on Thursday, April 23rd. Finally, Barclays reaffirmed an “underweight” rating and issued a $62.00 target price (down from $64.00) on shares of W.R. Berkley in a report on Friday, June 12th. Three investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, W.R. Berkley presently has a consensus rating of “Reduce” and an average price target of $68.31.
Institutional Investors Weigh In On W.R. Berkley
A number of hedge funds have recently made changes to their positions in WRB. Johnson Financial Group Inc. increased its position in W.R. Berkley by 22.3% during the 3rd quarter. Johnson Financial Group Inc. now owns 756 shares of the insurance provider’s stock worth $58,000 after purchasing an additional 138 shares in the last quarter. Inspire Advisors LLC boosted its position in W.R. Berkley by 1.0% in the fourth quarter. Inspire Advisors LLC now owns 14,364 shares of the insurance provider’s stock valued at $1,007,000 after buying an additional 144 shares in the last quarter. Allworth Financial LP grew its stake in shares of W.R. Berkley by 4.8% during the third quarter. Allworth Financial LP now owns 3,328 shares of the insurance provider’s stock worth $255,000 after buying an additional 153 shares during the last quarter. Coastal Bridge Advisors LLC increased its holdings in shares of W.R. Berkley by 1.5% during the fourth quarter. Coastal Bridge Advisors LLC now owns 10,277 shares of the insurance provider’s stock worth $721,000 after buying an additional 154 shares in the last quarter. Finally, Accurate Wealth Management LLC increased its holdings in shares of W.R. Berkley by 5.2% during the fourth quarter. Accurate Wealth Management LLC now owns 3,173 shares of the insurance provider’s stock worth $217,000 after buying an additional 157 shares in the last quarter. 68.82% of the stock is currently owned by institutional investors and hedge funds.
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.
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