Insider Selling: Accelerant (NYSE:ARX) Insider Sells $1,107,207.79 in Stock

Accelerant Holdings (NYSE:ARX) insider Francis James Oneill sold 89,219 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $12.41, for a total transaction of $1,107,207.79. Following the sale, the insider directly owned 6,369,290 shares of the company’s stock, valued at $79,042,888.90. This represents a 1.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 Monday, August 10th, Francis James Oneill sold 63,616 shares of Accelerant stock. The stock was sold at an average price of $12.07, for a total value of $767,845.12.
• 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 value of $1,523,660.32.
• On Monday, July 27th, Francis James Oneill sold 110,467 shares of Accelerant stock. The shares were sold at an average price of $14.63, for a total value of $1,616,132.21.
• On Thursday, June 25th, Francis James Oneill sold 73,500 shares of Accelerant stock. The shares were sold at an average price of $13.06, for a total value of $959,910.00.
• On Tuesday, June 23rd, Francis James Oneill sold 76,464 shares of Accelerant stock. The stock was sold at an average price of $13.11, for a total value 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 value of $931,780.56.

Accelerant Stock Performance

Accelerant stock opened at $19.59 on Friday. The stock’s 50-day moving average is $13.36 and its 200-day moving average is $13.19. The company has a market cap of $4.27 billion and a price-to-earnings ratio of -2.95. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.61 and a quick ratio of 1.61. Accelerant Holdings has a 12 month low of $9.18 and a 12 month high of $30.48.

Accelerant (NYSE:ARX) last released its quarterly earnings data on Thursday, August 13th. The technology company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.16. The business had revenue of $356.90 million for the quarter. Accelerant had a positive return on equity of 43.20% and a negative net margin of 113.08%. Equities analysts anticipate that Accelerant Holdings will post 0.73 earnings per share for the current year.

Institutional Trading of Accelerant

Several large investors have recently bought and sold shares of the company. Alliancebernstein L.P. purchased a new stake in shares of Accelerant during the third quarter valued at approximately $41,529,000. Balyasny Asset Management L.P. boosted its stake in shares of Accelerant by 35.4% in the fourth quarter. Balyasny Asset Management L.P. now owns 2,733,595 shares of the technology company’s stock valued at $44,694,000 after purchasing an additional 714,811 shares during the period. Azora Capital LP boosted its stake in shares of Accelerant by 288.9% in the fourth quarter. Azora Capital LP now owns 2,439,094 shares of the technology company’s stock valued at $39,879,000 after purchasing an additional 1,811,976 shares during the period. Vanguard Group Inc. acquired a new stake in Accelerant during the 3rd quarter valued at $33,482,000. Finally, JPMorgan Chase & Co. grew its holdings in Accelerant by 21.2% during the 4th quarter. JPMorgan Chase & Co. now owns 1,952,996 shares of the technology company’s stock valued at $31,931,000 after purchasing an additional 342,133 shares in the last quarter.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on ARX shares. Wells Fargo & Company decreased their price objective on shares of Accelerant from $17.00 to $16.00 and set an “overweight” rating for the company in a research note on Thursday, July 9th. Citizens Jmp reissued a “market perform” rating on shares of Accelerant in a research note on Friday. BMO Capital Markets lifted their target price on shares of Accelerant from $16.50 to $17.00 and gave the company an “outperform” rating in a report on Tuesday, June 16th. Raymond James Financial upped their price target on shares of Accelerant from $16.00 to $19.00 and gave the stock an “outperform” rating in a research report on Monday, June 1st. Finally, William Blair downgraded Accelerant from an “outperform” rating to a “market perform” rating in a report on Thursday. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $18.95.

Accelerant News Summary

Here are the key news stories impacting Accelerant this week:

• Positive Sentiment: Thoma Bravo’s proposed acquisition would take Accelerant Holdings private and provides shareholders with a defined cash exit at $20.25 per share. The deal triggered a sharp prior-session rally and substantially reset the stock’s valuation. Reuters article on Thoma Bravo acquisition
• Positive Sentiment: Accelerant’s second-quarter results exceeded expectations, with earnings of $0.32 per share versus the $0.16 consensus estimate and revenue of $356.9 million. Strong premium growth, higher fee revenue and stronger Exchange Services supported the beat. Zacks Accelerant earnings article
• Neutral Sentiment: Citizens JMP reaffirmed a “market perform” rating, while William Blair downgraded ARX from “outperform” to “hold.” With the stock near the $20.25 offer, analyst targets and ratings have less influence than merger-completion expectations.
• Negative Sentiment: Several law firms, including Kahn Swick & Foti, Ademi and Halper Sadeh, are investigating whether the buyout price and sale process are fair to public shareholders. These announcements could increase litigation or deal-execution risk, although they do not necessarily indicate that the transaction will be blocked. Kahn Swick & Foti investigation
• Negative Sentiment: Director Nancy Hasley sold 20,489 shares worth approximately $400,765. The transaction was conducted under a pre-arranged Rule 10b5-1 plan and reduced her holdings by only 1.5%, making it a modest negative signal rather than a fundamental change in insider positioning. SEC insider transaction filing

About Accelerant

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.