SIGI stock icon

Selective Insurance
SIGI

$101.20
0.97%

Market Cap: 6.15B

 

About: Selective Insurance Group Inc is a regional property-casualty insurer based in New Jersey, with its operations focused in the New York metropolitan area. Since 1977, Selective has focused its sales efforts on small businesses, offering commercial products that include workers' compensation, general liability, property, and auto insurance. Selective also has a small personal insurance segment (under 20% of total premiums), selling auto and homeowner's coverage.

Employees: 2,650

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 6 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

286% more call options, than puts

Call options by funds: $1.56M | Put options by funds: $404K

9% more capital invested

Capital invested by funds: $4.99B [Q4 2023] → $5.46B (+$469M) [Q1 2024]

0.3% less ownership

Funds ownership: 82.85% [Q4 2023] → 82.54% (-0.3%) [Q1 2024]

2% less funds holding

Funds holding: 329 [Q4 2023] → 322 (-7) [Q1 2024]

11% less repeat investments, than reductions

Existing positions increased: 109 | Existing positions reduced: 122

16% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 44

33% less funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 2 (-1) [Q1 2024]

Research analyst outlook

6 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$97
4%
downside
Avg. target
$106
5%
upside
High target
$120
19%
upside

6 analyst ratings

positive
17%
neutral
67%
negative
17%
B of A Securities
Grace Carter
4%downside
$97
Underperform
Maintained
11 Jul 2024
RBC Capital
Scott Heleniak
2%upside
$103
Sector Perform
Reiterated
24 Jun 2024
Oppenheimer
Michael Phillips
19%upside
$120
Outperform
Maintained
5 Apr 2024
Piper Sandler
Paul Newsome
3%upside
$104
Neutral
Maintained
1 Apr 2024
Keefe, Bruyette & Woods
Meyer Shields
8%upside
$109
Market Perform
Maintained
6 Feb 2024

Financial journalist opinion