Investor Insight: Universal Insurance Executive Chairman Sells 20,000 Shares for $885,400
Sean P. Downes reduced his direct holdings on the back of a strong rally over the last 12 months from the Universal Insurance stock price.
Executive Chairman of Universal Insurance Holdings, Sean P. Downes, sold 20,000 shares of common stock on August 5, 2026, the company revealed via an SEC Form 4 filing. The total transaction value of the shares, calculated using a weighted average sale price of $44.27 per share, amounted to $885,400. Despite this sale, the post-transaction value of the shares, determined by the market close on the same day at $44.21 per share, remained strong.
Universal Insurance Holdings, an integrated insurance holding company with a total revenue of $1.6 billion for the trailing twelve months (TTM) and a market capitalization of $1.2 billion, is a significant player within the property and casualty insurance sector. The company has consistently demonstrated robust profitability, with a TTM net income of $219.9 million, highlighting its strong underwriting performance and operational efficiency.
As a specialized residential property insurer, Universal Insurance Holdings maintains its competitive edge through its vertically integrated business model, which includes underwriting, distribution, and claims administration.
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