Selective InsuranceSIGI
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
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
63% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 30
46% more call options, than puts
Call options by funds: $477K | Put options by funds: $327K
38% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 102
3% more funds holding
Funds holding: 323 [Q3] → 334 (+11) [Q4]
1.6% more ownership
Funds ownership: 82.85% [Q3] → 84.46% (+1.6%) [Q4]
2% more capital invested
Capital invested by funds: $4.71B [Q3] → $4.8B (+$96.2M) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Keefe, Bruyette & Woods Meyer Shields 75% 1-year accuracy 86 / 114 met price target | 4%upside $93 | Market Perform Downgraded | 7 Feb 2025 |
Morgan Stanley Bob Huang 78% 1-year accuracy 14 / 18 met price target | 3%downside $87 | Equal-Weight Maintained | 3 Feb 2025 |
Financial journalist opinion
Based on 10 articles about SIGI published over the past 30 days
