A Director at Assured Guaranty Ltd is Exercising Options


Today it was reported that a Director at Assured Guaranty Ltd (AGO), Patrick W. Kenny, exercised options to buy 2,153 AGO shares at $11.13 a share, for a total transaction value of $23.96K.

Following this transaction Patrick W. Kenny’s holding in the company was increased by 3.66% to a total of $2.49 million.

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Based on Assured Guaranty Ltd’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $244 million and quarterly net profit of $161 million. In comparison, last year the company earned revenue of $200 million and had a net profit of $52 million. AGO’s market cap is $4.34B and the company has a P/E ratio of 9.33. Currently, Assured Guaranty Ltd has an average volume of 987.9K.

Starting in April 2018, AGO received 6 Buy ratings in a row.

The insider sentiment on Assured Guaranty Ltd has been positive according to 42 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Patrick W. Kenny’s trades have generated a 258.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Assured Guaranty Ltd. is a holding company, which engages in the provision of credit protection product to the U.S. and international public finance, and structured finance markets through its subsidiaries. Its businesses include public, global infrastructure and structured finance, and reinsurance and specialty insurance.

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