Yesterday it was reported that the President of Assured Guaranty Ltd (NYSE: AGO), Dominic Frederico, exercised options to sell 212,055 AGO shares at $12.72 a share, for a total transaction value of $8.66M.
Following Dominic Frederico’s last AGO Sell transaction on May 17, 2016, the stock climbed by 16.5%. This is Frederico’s first Sell trade following 7 Buy transactions.
See today’s analyst top recommended stocks >>
AGO’s market cap is $4.47B and the company has a P/E ratio of 8.90. Currently, Assured Guaranty Ltd has an average volume of 593.8K.
The insider sentiment on Assured Guaranty Ltd has been negative according to 41 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Dominic Frederico’s trades have generated a 255.5% 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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
