Arch Capital Group Ltd. $ACGL Shares Purchased by Squarepoint Ops LLC
MarketBeat
Squarepoint Ops LLC significantly increased its stake in Arch Capital Group Ltd. (NASDAQ:ACGL) by 2,311% during the second quarter, now holding 229,096 shares valued at $22.2 million. Other institutional investors also adjusted their holdings, contributing to institutional ownership reaching 89.07%. Analysts have a mixed view on ACGL, with a "Hold" consensus rating and an average price target of $111.11, following the company's recent earnings beat.
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