New insider activity at Axis Capital ( (AXS) ) has taken place on March 6, 2025.
Director Charles A. Davis has made a significant move by selling 2,139,037 shares of Axis Capital stock, amounting to a whopping $199,999,959.
Recent Updates on AXS stock
Axis Capital has recently announced a new share repurchase program authorizing the purchase of up to $400 million of its common shares, replacing the previous $300 million program. This announcement, along with the declaration of quarterly dividends, comes on the heels of a strong financial performance report for 2024 and a record-breaking earnings call. The company reported a Q4 operating EPS of $2.97, surpassing the consensus estimate of $2.58. These positive financial results have led Keefe Bruyette to raise the price target for Axis Capital from $110 to $115, reflecting confidence in the company’s robust earnings and strategic financial maneuvers.
More about Axis Capital
YTD Price Performance: 7.12%
Average Trading Volume: 663,201
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7.69B
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