Everest Group Ltd (EG US, +N, 13-Feb-24)

Four officers bought a total of $950,000 of stock on February 9th at an average price of $350 per share in their first purchases. 

Juan Andrade (Chief Executive Officer since 2020, joined 2019) bought $251,799 worth of stock, increasing his holding by 1%. 

Mark Kociancic (Chief Financial Officer since 2020) bought $349,000 worth of stock, increasing his holding by 4%. 

James Williamson (Chief Operating Officer since 2020) bought $250,000 worth of stock, increasing his holding by 6%. 

Mike Karmilowicz (EVP and President & CEO of Everest Insurance since 2021) bought $100,000 worth of stock, increasing his holding by 3%. 

This is a notable cluster of buyers from officers shortly after publishing the company’s Q4 results on February 7th. While we don’t have a trading history on these insiders, none are new to the company. This is the first buying by any insider since February 2021. 

We are ranking stock +1.

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