SiriusPoint Ltd (NYSE: SPNT) is 17.63% higher on its value in year-to-date trading and has touched a low of $11.92 and a high of $19.66 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SPNT stock was last observed hovering at around $19.54 in the last trading session, with the day’s loss setting it -0.26%.
Currently trading at $19.28, the stock is 14.06% and 19.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.21 million and changing -1.33% at the moment leaves the stock 29.63% off its SMA200. SPNT registered 59.47% gain for a year compared to 6-month gain of 44.42%.
The stock witnessed a 24.63% loss in the last 1 month and extending the period to 3 months gives it a 33.80%, and is 14.76% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.66% over the week and 3.78% over the month.
SiriusPoint Ltd (SPNT) has around 1072 employees, a market worth around $2.25B and $2.65B in sales. Current P/E ratio is 20.22 and Fwd P/E is 8.28. Profit margin for the company is 5.69%. Distance from 52-week low is 61.74% and -1.91% from its 52-week high. The company has generated returns on investments over the last 12 months (5.56%).
The EPS is expected to grow by 14.48% this year
The shares outstanding are 116.02M, and float is at 106.36M with Short Float at 2.27%.
The top institutional shareholder in the company is BLACKROCK INC. with over 14.31 million shares valued at $174.58 million. The investor’s holdings represent 8.4092 of the SPNT Shares outstanding. As of 2024-06-30, the second largest holder is WELLINGTON MANAGEMENT GROUP LLP with 11.23 million shares valued at $136.99 million to account for 6.5983 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 10.68 million shares representing 6.2776 and valued at over $130.33 million, while DONALD SMITH & CO., INC. holds 4.1558 of the shares totaling 7.07 million with a market value of $86.28 million.
SiriusPoint Ltd (SPNT) Insider Activity
The most recent transaction is an insider sale by Loeb Daniel S, the company’s Director. SEC filings show that Loeb Daniel S sold 4,106,631 shares of the company’s common stock on Feb 27 ’25 at a price of $13.71 per share for a total of $56.3 million. Following the sale, the insider now owns 9.43 million shares.
SiriusPoint Ltd disclosed in a document filed with the SEC on Aug 13 ’24 that Cabat Evan (Chief Accounting Officer) sold a total of 2,000 shares of the company’s common stock. The trade occurred on Aug 13 ’24 and was made at $14.43 per share for $28860.0. Following the transaction, the insider now directly holds 33928.0 shares of the SPNT stock.