Everest Group Ltd has announced multiple key events such as company director Geraldine Losquadro selling $540,945 worth of shares and John Howard joining the Board of Directors. Several investment firms have adjusted their stakes in EG, with entities like Natixis Advisors and Credit Capital Investments increasing their positions. The Group also appointed Jim Williamson as both permanent and acting CEO after Juan Andrade's departure. Despite reporting a Q4 loss, their revenue topped estimates, yet financials were weaker than expected. The Group is undergoing a leadership transition and has also announced an increase to share repurchase authorization along with a dividend. AM Best has affirmed Everest's superior rating after a considerable $1.7 billion reserve action. The position of Everest has been lowered or sold by various entities, although it continues to find itself in the portfolios of several investment firms. There are differing views on whether EG stock is undervalued, with some considering it a promising investment.
Everest Group Ltd EG News Analytics from Wed, 15 May 2024 07:00:00 GMT to Sat, 22 Mar 2025 02:29:21 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor -4
