Accelerant Holdings (NYSE:ARX – Get Free Report) insider Francis James Oneill sold 110,467 shares of the stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $14.63, for a total value of $1,616,132.21. Following the transaction, the insider owned 6,626,772 shares of the company’s stock, valued at approximately $96,949,674.36. The trade was a 1.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Francis James Oneill also recently made the following trade(s):
- On Tuesday, July 28th, Francis James Oneill sold 104,647 shares of Accelerant stock. The stock was sold at an average price of $14.56, for a total transaction of $1,523,660.32.
- On Thursday, June 25th, Francis James Oneill sold 73,500 shares of Accelerant stock. The stock was sold at an average price of $13.06, for a total transaction of $959,910.00.
- On Tuesday, June 23rd, Francis James Oneill sold 76,464 shares of Accelerant stock. The shares were sold at an average price of $13.11, for a total transaction of $1,002,443.04.
- On Monday, June 22nd, Francis James Oneill sold 70,536 shares of Accelerant stock. The stock was sold at an average price of $13.21, for a total transaction of $931,780.56.
Accelerant Price Performance
Shares of NYSE ARX opened at $12.47 on Thursday. Accelerant Holdings has a fifty-two week low of $9.18 and a fifty-two week high of $30.48. The stock has a market capitalization of $2.72 billion and a price-to-earnings ratio of -1.79. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.61 and a quick ratio of 1.61. The business has a 50-day moving average of $14.00 and a 200-day moving average of $13.32.
Analysts Set New Price Targets
ARX has been the topic of several recent analyst reports. Morgan Stanley lowered their price objective on shares of Accelerant from $16.00 to $14.00 and set an “equal weight” rating on the stock in a research note on Monday, July 6th. Wells Fargo & Company reduced their price target on Accelerant from $17.00 to $16.00 and set an “overweight” rating for the company in a report on Thursday, July 9th. Citizens Jmp lowered their price target on Accelerant from $20.00 to $17.00 and set a “market outperform” rating on the stock in a research report on Monday, April 13th. BMO Capital Markets upped their price objective on Accelerant from $16.50 to $17.00 and gave the company an “outperform” rating in a research note on Tuesday, June 16th. Finally, UBS Group set a $16.00 price objective on Accelerant in a research report on Thursday, May 21st. Ten analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $18.60.
Check Out Our Latest Report on ARX
Key Stories Impacting Accelerant
Here are the key news stories impacting Accelerant this week:
- Positive Sentiment: Analyst sentiment remains generally favorable. Ten analysts rate Accelerant a Buy, two rate it Hold and one rates it Sell; the consensus price target is $18.60, above recent trading levels. Raymond James and Piper Sandler have set $19 targets, while Wells Fargo maintains an Overweight rating with a $16 target. Accelerant insider trading and analyst coverage
- Positive Sentiment: The company’s latest reported quarter showed solid operating momentum: revenue increased 53.5% year over year to $273.2 million, while adjusted earnings of $0.17 per share exceeded expectations by $0.01. Institutional investors including Balyasny Asset Management, Azora Capital and JPMorgan also increased their positions, providing some support for the long-term investment case.
- Neutral Sentiment: COO Matthew David Sternberg sold 17,568 shares worth approximately $257,196 to cover tax-withholding obligations tied to vested equity awards. The sale was conducted under a pre-arranged Rule 10b5-1 plan, which reduces its value as a discretionary bearish signal. He retained 596,482 shares. Accelerant COO stock sale
- Negative Sentiment: Insider Francis James Oneill sold a combined 215,114 shares for approximately $3.14 million across July 27–28. The transactions reduced his ownership by about 3.2% in total, adding to concerns about insider monetization even though they were executed under a 10b5-1 plan. SEC filing for Oneill stock sales
- Negative Sentiment: CEO Jeffrey L. Radke separately sold 95,223 shares for about $1.39 million. Although the sale represented only 0.34% of his holdings and was prearranged, the combination of CEO, COO and other insider sales creates a near-term supply and sentiment overhang. SEC filing for CEO stock sale
- Negative Sentiment: Despite revenue growth and an earnings beat, Accelerant continues to report a deeply negative net margin and trades with a negative P/E ratio, highlighting ongoing profitability concerns. Recent target reductions from Morgan Stanley and Wells Fargo also temper the bullish analyst outlook.
Hedge Funds Weigh In On Accelerant
A number of large investors have recently made changes to their positions in the company. Teacher Retirement System of Texas raised its stake in Accelerant by 0.6% in the 4th quarter. Teacher Retirement System of Texas now owns 176,043 shares of the technology company’s stock worth $2,878,000 after purchasing an additional 1,043 shares in the last quarter. State of Wyoming acquired a new stake in shares of Accelerant in the first quarter valued at approximately $28,000. Royal Bank of Canada boosted its stake in shares of Accelerant by 50.3% in the first quarter. Royal Bank of Canada now owns 7,729 shares of the technology company’s stock valued at $103,000 after buying an additional 2,585 shares during the period. PNC Financial Services Group Inc. grew its position in Accelerant by 73.6% during the first quarter. PNC Financial Services Group Inc. now owns 6,157 shares of the technology company’s stock worth $82,000 after buying an additional 2,611 shares in the last quarter. Finally, Quarry LP bought a new position in Accelerant during the 3rd quarter worth $40,000.
Accelerant Company Profile
Aeroflex Holding Corp. (Aeroflex Holding) is a provider of radio frequency (RF) and microwave integrated circuits, components and systems used in the design, development and maintenance of wireless communication systems. The Company’s solutions include microelectronic components and test and measurement equipment used by companies in the space, avionics and defense; commercial wireless communications, and medical and other markets. Its products include a range of RF, microwave and millimeter wave microelectronic components, integrated circuits (ICs), and analog and mixed-signal devices.
Featured Articles
- Five stocks we like better than Accelerant
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
Receive News & Ratings for Accelerant Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Accelerant and related companies with MarketBeat.com's FREE daily email newsletter.
