Helios Underwriting’s Interim Chairman Increases Stake

The latest update is out from Helios Underwriting ( (GB:HUW) ).

Helios Underwriting Plc announced that John Chambers, the Interim Executive Chairman, has purchased 40,000 ordinary shares at 208 pence each, increasing his total shareholding to 600,000 shares, which represents approximately 0.827% of the company’s total voting rights. This transaction highlights a significant personal investment by a key executive, potentially signaling confidence in the company’s future prospects and stability within the competitive Lloyd’s insurance market.

More about Helios Underwriting

Helios Underwriting Plc is a publicly traded company that provides limited liability direct investment into the Lloyd’s insurance market. It is listed on the London Stock Exchange’s AIM market and offers a diverse portfolio of syndicates primarily participating in the US and international wholesale and reinsurance markets.

YTD Price Performance: -24.35%

Average Trading Volume: 49,437

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £147M

For a thorough assessment of HUW stock, go to TipRanks’ Stock Analysis page.