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Top Executive Sells Over a Thousand Shares of Selective Insurance Group Stock

New insider activity at Selective Insurance Group ( (SIGI) ) has taken place on April 26, 2025.

Senior Vice President and Chief Accounting Officer Anthony D. Harnett recently sold 1,352 shares of Selective Insurance Group stock, amounting to a total transaction value of $117,705.

Recent Updates on SIGI stock

Selective Insurance Group reported strong financial results for Q1 2025, with a net income per diluted common share of $1.76 and a return on common equity of 14.4%. The company saw a 7% increase in net premiums written, driven by a 10.3% rise in renewal pure price increases, and a 12% rise in net investment income. Despite these positive results, challenges persist, particularly in personal lines where premiums decreased by 12% due to a focus on portfolio profitability. Additionally, external market volatility poses risks to investment income. The company’s strategic focus remains on execution and profitability, supported by a successful $400 million senior note issuance to enhance financial flexibility. Analysts have expressed concerns over recent declines in revenue and operating earnings, and valuation metrics suggest potential overvaluation, leading to mixed signals about the stock’s future performance.

Spark’s Take on SIGI Stock

According to Spark, TipRanks’ AI Analyst, SIGI is a Outperform.

Selective Insurance Group exhibits strong financial management and a stable balance sheet, contributing positively to its stock score. However, recent operational challenges, particularly declines in revenue and operating earnings, alongside valuation concerns, weigh down the overall score. Technical analysis suggests moderate momentum, while the earnings call highlights continued strategic focus despite external risks. The overall stock score reflects these mixed aspects, balancing strengths in financial performance with caution around valuation and operational challenges.

To see Spark’s full report on SIGI stock, click here.

More about Selective Insurance Group

YTD Price Performance: -4.11%

Average Trading Volume: 463,481

Technical Sentiment Signal: Hold

Current Market Cap: $5.42B

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