International General Insurance (NASDAQ:IGIC) Sees Large Volume Increase – Here’s What Happened

Posted by Stanley Muller on Sep 28th, 2026

International General Insurance Holdings Ltd. (NASDAQ:IGIC – Get Free Report) saw unusually-strong trading volume on Monday. Approximately 106,319 shares changed hands during mid-day trading, an increase of 47% from the previous session’s volume of 72,119 shares. The stock last traded at $24.4410 and had previously closed at $24.61.

Analysts Set New Price Targets

IGIC has been the topic of several analyst reports. Zacks Research cut International General Insurance from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. Royal Bank Of Canada increased their price target on International General Insurance from $28.00 to $30.00 and gave the company an “outperform” rating in a research report on Monday, July 13th. Finally, Weiss Ratings cut International General Insurance from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, September 22nd. Two analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $30.00.

Read Our Latest Stock Analysis on International General Insurance

International General Insurance Stock Down 1.3%

The firm has a market cap of $1.04 billion, a P/E ratio of 9.75 and a beta of 0.09. The firm’s 50-day simple moving average is $26.68 and its 200 day simple moving average is $25.91.

International General Insurance (NASDAQ:IGIC – Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.17). International General Insurance had a net margin of 20.68% and a return on equity of 17.03%. The company had revenue of $143.50 million for the quarter, compared to the consensus estimate of $114.90 million. As a group, analysts forecast that International General Insurance Holdings Ltd. will post 2.61 earnings per share for the current year.

International General Insurance Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 2nd. Shareholders of record on Tuesday, August 18th were issued a dividend of $0.0750 per share. This represents a $0.30 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Tuesday, August 18th. International General Insurance’s dividend payout ratio is 12.05%.

Institutional Trading of International General Insurance

Large investors have recently bought and sold shares of the company. Squarepoint Ops LLC purchased a new position in shares of International General Insurance during the 2nd quarter valued at $244,000. Hingham Institution for Savings increased its holdings in International General Insurance by 45.1% in the 2nd quarter. Hingham Institution for Savings now owns 80,400 shares of the company’s stock worth $2,104,000 after acquiring an additional 25,000 shares during the last quarter. Diamond Hill Capital Management LLC Investment Advisor purchased a new stake in International General Insurance in the 2nd quarter worth about $13,773,000. Finally, Corsair Capital Management L.P. bought a new stake in International General Insurance in the 1st quarter valued at about $352,000. 54.24% of the stock is owned by hedge funds and other institutional investors.

International General Insurance Company Profile

(Get Free Report)

International General Insurance Holdings Ltd. (NASDAQ: IGIC) is a specialty insurance and reinsurance company serving commercial and industrial clients, brokers, and other insurance companies. The company underwrites a diversified portfolio of specialty risks, with products covering energy, property, construction and engineering, marine, aviation, financial institutions, political violence, professional liability, and other complex commercial exposures.

IGI operates through a global platform that includes underwriting operations in Bermuda, the United Kingdom, and other international markets.