Enstar Group Limited (NASDAQ:ESGR) was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued on Saturday.

Enstar Group Limited (ESGR) opened at 203.65 on Friday. The company’s 50-day moving average price is $202.34 and its 200 day moving average price is $194.37. Enstar Group Limited has a 52 week low of $159.00 and a 52 week high of $209.35. The company has a market capitalization of $3.96 billion, a PE ratio of 12.27 and a beta of 0.83.

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In related news, insider Paul Michael James Brockman sold 791 shares of Enstar Group Limited stock in a transaction that occurred on Friday, June 16th. The stock was sold at an average price of $197.00, for a total transaction of $155,827.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 9.90% of the company’s stock.

A number of institutional investors have recently bought and sold shares of the company. Comerica Bank raised its position in Enstar Group Limited by 12.4% in the second quarter. Comerica Bank now owns 40,241 shares of the insurance provider’s stock worth $8,213,000 after buying an additional 4,432 shares during the period. Torray LLC raised its position in Enstar Group Limited by 41.5% in the second quarter. Torray LLC now owns 2,588 shares of the insurance provider’s stock worth $514,000 after buying an additional 759 shares during the period. Mraz Amerine & Associates Inc. raised its position in Enstar Group Limited by 1.9% in the second quarter. Mraz Amerine & Associates Inc. now owns 62,198 shares of the insurance provider’s stock worth $12,356,000 after buying an additional 1,144 shares during the period. Forward Management LLC raised its position in Enstar Group Limited by 9.6% in the second quarter. Forward Management LLC now owns 1,259 shares of the insurance provider’s stock worth $250,000 after buying an additional 110 shares during the period. Finally, First Bank & Trust raised its position in Enstar Group Limited by 1.0% in the second quarter. First Bank & Trust now owns 977 shares of the insurance provider’s stock worth $194,000 after buying an additional 10 shares during the period.

About Enstar Group Limited

Enstar Group Limited is an insurance group that offers capital release solutions and specialty underwriting capabilities through its network of group companies in Bermuda, the United States, the United Kingdom, Continental Europe, Australia and other international locations. The Company’s segments include Non-Life Run-Off, Atrium, StarStone, and Life and Annuities.

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