Arch Capital Group Ltd. (NASDAQ:ACGLN – Get Rating) announced a quarterly dividend on Tuesday, February 28th, Wall Street Journal reports. Stockholders of record on Wednesday, March 15th will be paid a dividend of 0.2844 per share on Friday, March 31st. This represents a $1.14 annualized dividend and a dividend yield of 6.24%. The ex-dividend date is Tuesday, March 14th.

Arch Capital Group Stock Performance

Shares of ACGLN stock opened at $18.24 on Friday. Arch Capital Group has a one year low of $17.02 and a one year high of $21.85. The company's fifty day moving average price is $19.33 and its 200-day moving average price is $18.79.

Insider Activity

In other Arch Capital Group news, CFO Francois Morin sold 15,814 shares of Arch Capital Group stock in a transaction on Tuesday, February 21st. The shares were sold at an average price of $67.61, for a total value of $1,069,184.54. Following the sale, the chief financial officer now directly owns 185,869 shares in the company, valued at approximately $12,566,603.09. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, insider John M. Pasquesi sold 26,329 shares of the business's stock in a transaction that occurred on Wednesday, February 15th. The shares were sold at an average price of $67.01, for a total transaction of $1,764,306.29. Following the completion of the transaction, the insider now owns 756,635 shares in the company, valued at approximately $50,702,111.35. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Francois Morin sold 15,814 shares of the company's stock in a transaction that occurred on Tuesday, February 21st. The shares were sold at an average price of $67.61, for a total transaction of $1,069,184.54. Following the transaction, the chief financial officer now owns 185,869 shares in the company, valued at approximately $12,566,603.09. The disclosure for this sale can be found here. Insiders have sold 72,143 shares of company stock worth $4,938,291 in the last three months.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Arch Capital Group stock. PNC Financial Services Group Inc. grew its holdings in Arch Capital Group Ltd. (NASDAQ:ACGLN – Get Rating) by 273.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,646 shares of the company's stock after acquiring an additional 2,670 shares during the period. PNC Financial Services Group Inc.'s holdings in Arch Capital Group were worth $77,000 at the end of the most recent quarter.

Arch Capital Group Company Profile

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Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; collateral protection, debt cancellation, and service contract reimbursement products; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella liability, as well as commercial automobile and inland marine products.

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