Rep. Lisa C. McClain Sells Off Shares of Selective Insurance Group, Inc. (NASDAQ:SIGI)

Representative Lisa C. McClain (R-Michigan) recently sold shares of Selective Insurance Group, Inc. (NASDAQ:SIGI). In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Selective Insurance Group stock on June 17th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Autoliv (NYSE:ALV) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of Arthur J. Gallagher & Co. (NYSE:AJG) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of SAP (NYSE:SAP) on 7/22/2025.
• Purchased $1,001 – $15,000 in shares of XPO (NYSE:XPO) on 7/22/2025.
• Purchased $1,001 – $15,000 in shares of Lithia Motors (NYSE:LAD) on 7/22/2025.
• Sold $1,001 – $15,000 in shares of Sanofi (NASDAQ:SNY) on 7/22/2025.
• Sold $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 7/22/2025.
• Purchased $1,001 – $15,000 in shares of Group 1 Automotive (NYSE:GPI) on 7/22/2025.

Selective Insurance Group Trading Up 0.8%

Shares of SIGI opened at $77.89 on Thursday. Selective Insurance Group, Inc. has a twelve month low of $71.75 and a twelve month high of $103.56. The stock has a market cap of $4.74 billion, a PE ratio of 12.75 and a beta of 0.47. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.28. The business’s 50-day moving average price is $83.17 and its 200-day moving average price is $85.59.

Selective Insurance Group (NASDAQ:SIGI) last announced its quarterly earnings results on Wednesday, July 23rd. The insurance provider reported $1.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.55 by ($0.24). Selective Insurance Group had a return on equity of 12.61% and a net margin of 7.50%.The firm had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same period in the previous year, the company posted ($1.10) earnings per share. On average, equities analysts forecast that Selective Insurance Group, Inc. will post 7.62 EPS for the current fiscal year.

Selective Insurance Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th will be issued a dividend of $0.38 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a $1.52 annualized dividend and a yield of 2.0%. Selective Insurance Group’s dividend payout ratio is 24.88%.

Insider Transactions at Selective Insurance Group

In other news, Director Thomas A. Mccarthy bought 2,500 shares of the business’s stock in a transaction dated Monday, July 28th. The shares were purchased at an average price of $77.42 per share, for a total transaction of $193,550.00. Following the completion of the acquisition, the director owned 18,746 shares of the company’s stock, valued at approximately $1,451,315.32. This trade represents a 15.39% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Robert Kelly Doherty bought 1,500 shares of the business’s stock in a transaction dated Friday, August 1st. The stock was purchased at an average price of $77.00 per share, for a total transaction of $115,500.00. Following the acquisition, the director directly owned 27,110 shares of the company’s stock, valued at approximately $2,087,470. The trade was a 5.86% increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 10,602 shares of company stock valued at $817,440. 1.50% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Olde Wealth Management LLC bought a new position in Selective Insurance Group during the first quarter valued at approximately $28,000. Parallel Advisors LLC grew its position in Selective Insurance Group by 219.5% during the second quarter. Parallel Advisors LLC now owns 361 shares of the insurance provider’s stock valued at $31,000 after acquiring an additional 248 shares during the last quarter. Amundi grew its position in Selective Insurance Group by 398.7% during the first quarter. Amundi now owns 389 shares of the insurance provider’s stock valued at $36,000 after acquiring an additional 311 shares during the last quarter. Quarry LP bought a new position in Selective Insurance Group during the fourth quarter valued at approximately $38,000. Finally, Brooklyn Investment Group bought a new position in Selective Insurance Group during the first quarter valued at approximately $38,000. 82.88% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

SIGI has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of Selective Insurance Group from a “hold” rating to a “buy” rating in a report on Thursday, May 15th. Keefe, Bruyette & Woods lowered their price target on shares of Selective Insurance Group from $92.00 to $84.00 and set a “market perform” rating on the stock in a report on Monday, July 28th. BMO Capital Markets set a $88.00 price objective on Selective Insurance Group and gave the stock an “outperform” rating in a report on Tuesday, August 5th. Piper Sandler lowered their target price on shares of Selective Insurance Group from $88.00 to $79.00 and set a “neutral” rating on the stock in a research note on Friday, July 25th. Finally, Morgan Stanley lowered shares of Selective Insurance Group from an “equal weight” rating to an “underweight” rating and dropped their target price for the company from $86.00 to $72.00 in a research report on Tuesday, August 5th. One analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Selective Insurance Group currently has a consensus rating of “Reduce” and an average target price of $87.33.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Selective Insurance Group

Selective Insurance Group, Inc, together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products.