Selective Insurance Group, Inc. Price & Performance (SIGI)

Selective Insurance Group's CFO, Patrick Sean Brennan, has acquired 3,000 shares of the company's stock, valuing the transaction at $249,450. This move comes as the stock trades near its fair value but remains 20% lower year-over-year. The acquisition signals confidence despite recent earnings misses and analyst downgrades.12

Selective Insurance Group has successfully closed a $400 million senior notes offering with a 5.900% interest rate, maturing in 2035. Proceeds will fund corporate growth, raising the debt-to-capital ratio from 14% to 22%. Analysts note this reflects confidence in leveraging market conditions for expansion in a challenging insurance landscape.34

Selective Insurance Group's short interest has increased 11.36%, with 1.41 million shares sold short, representing 3.04% of its float. This rise suggests bearish sentiment among traders, though analysts caution that elevated short interest can sometimes precede bullish price movements. Peer comparisons show higher-than-average short activity.56