AE Wealth Management LLC has increased its stake in Arch Capital Group Ltd. (NASDAQ:ACGL) by 96.1% during the first quarter, according to the company's most recent Form 13F filing with the SEC. The institutional investor now owns 6,631 shares of the insurance provider's stock, valued at $638,000, after purchasing an additional 3,250 shares during the period. The company's stock was trading up 1.8% on Friday, reaching $87.57 with a trading volume of 1,011,850 shares, compared to its average volume of 1,913,172. The stock has a 12-month low of $82.49 and a high of $116.47. Analysts have recently updated their ratings and price targets for Arch Capital Group, with JPMorgan Chase & Co. giving a 'neutral' rating and a price target of $107.00, while Barclays set the target price at $93.00 with an 'equal weight' rating. Arch Capital Group reported quarterly earnings data on July 29th, with earnings per share (EPS) of $2.58, exceeding analysts' consensus estimates of $2.30. The company's revenue for the quarter was $4.35 billion, surpassing the consensus estimate of $4.29 billion. The stock has a 'Moderate Buy' consensus rating with an average target price of $113.40. Arch Capital Group Ltd. last posted its quarterly earnings data on July 29th, with a predicted EPS for the current year of $8.42.

AE Wealth Management LLC Has $638,000 Stake in Arch Capital Group Ltd. (NASDAQ:ACGL)

AE Wealth Management LLC increased its stake in Arch Capital Group Ltd. (NASDAQ:ACGL) by 96.1% in Q1 2025, now owning 6,631 shares valued at $638,000. The stock traded at $87.57 on Friday, with analysts updating ratings and price targets. Arch Capital reported Q2 earnings of $2.58 EPS and $4.35B revenue, exceeding estimates.