Stewart Information Services Corp (NYSE:STC) Director Matthew Morris sold 14,630 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $42.19, for a total transaction of $617,239.70. Following the sale, the director now directly owns 166,153 shares in the company, valued at approximately $7,009,995.07. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Matthew Morris also recently made the following trade(s):

  • On Wednesday, June 3rd, Matthew Morris sold 17,418 shares of Stewart Information Services stock. The stock was sold at an average price of $32.20, for a total transaction of $560,859.60.
  • On Thursday, May 28th, Matthew Morris sold 24,063 shares of Stewart Information Services stock. The stock was sold at an average price of $32.26, for a total transaction of $776,272.38.
  • On Tuesday, May 26th, Matthew Morris sold 17,310 shares of Stewart Information Services stock. The stock was sold at an average price of $31.68, for a total transaction of $548,380.80.
  • On Thursday, May 21st, Matthew Morris sold 9,200 shares of Stewart Information Services stock. The stock was sold at an average price of $30.75, for a total transaction of $282,900.00.

Shares of NYSE:STC opened at $41.95 on Friday. The company’s fifty day moving average price is $33.75 and its 200-day moving average price is $33.42. The firm has a market capitalization of $993.46 million, a price-to-earnings ratio of 9.45 and a beta of 0.98. Stewart Information Services Corp has a one year low of $20.26 and a one year high of $44.14. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.67 and a quick ratio of 4.45.

Stewart Information Services (NYSE:STC) last issued its earnings results on Wednesday, July 22nd. The insurance provider reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $1.08. The company had revenue of $516.11 million for the quarter. Stewart Information Services had a net margin of 5.20% and a return on equity of 12.73%. As a group, equities research analysts expect that Stewart Information Services Corp will post 2.64 EPS for the current year.

A number of brokerages have recently commented on STC. Keefe, Bruyette & Woods raised shares of Stewart Information Services from a “market perform” rating to an “outperform” rating and increased their price target for the stock from $31.00 to $47.00 in a report on Monday, July 27th. Stephens increased their price target on shares of Stewart Information Services from $30.00 to $32.00 and gave the stock an “equal weight” rating in a report on Friday, April 24th. Finally, Zacks Investment Research lowered shares of Stewart Information Services from a “hold” rating to a “sell” rating in a report on Friday, May 29th.

A number of large investors have recently modified their holdings of STC. Point72 Hong Kong Ltd purchased a new position in Stewart Information Services in the 4th quarter worth $31,000. Quadrant Capital Group LLC raised its position in Stewart Information Services by 2,350.0% in the 4th quarter. Quadrant Capital Group LLC now owns 833 shares of the insurance provider’s stock worth $33,000 after purchasing an additional 799 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Stewart Information Services by 114.4% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,734 shares of the insurance provider’s stock worth $73,000 after purchasing an additional 1,459 shares during the period. Oppenheimer Asset Management Inc. raised its position in Stewart Information Services by 19.9% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 3,146 shares of the insurance provider’s stock worth $84,000 after purchasing an additional 523 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in Stewart Information Services by 37.1% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,748 shares of the insurance provider’s stock worth $122,000 after purchasing an additional 1,014 shares during the period. Institutional investors own 91.91% of the company’s stock.

Stewart Information Services Company Profile

Stewart Information Services Corporation, through its subsidiaries, provides title insurance and real estate transaction services. The company operates in two segments, Title Insurance and Related Services, and Ancillary Services and Corporate. The Title Insurance and Related Services segment is involved in searching, examining, closing, and insuring the condition of the title to real property.

Read More: How can you know how many shares are floating?

Insider Buying and Selling by Quarter for Stewart Information Services (NYSE:STC)

Receive News & Ratings for Stewart Information Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stewart Information Services and related companies with MarketBeat.com's FREE daily email newsletter.