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Arch Capital Group Ltd. $ACGL Shares Bought by Elo Mutual Pension Insurance Co
Elo Mutual Pension Insurance Co significantly increased its stake in Arch Capital Group Ltd. (NASDAQ: ACGL) by 54.4%, acquiring an additional 24,002 shares to hold a total of 68,110 shares, valued at approximately $6.18 million. Despite recent insider selling, institutional investors collectively own 89.07% of the stock, indicating strong confidence. Arch Capital Group reported strong quarterly results, beating EPS estimates with $2.98 and achieving a 22.07% net margin.