{
  "id": 1569668,
  "title": "Investor Insight: Universal Insurance Executive Chairman Sells 20,000 Shares for $885,400",
  "url": "https://urgent.news/2026/08/17/investor-insight-universal-insurance-executive-chairman-sells-20-000",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T21:00:01.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/coverage/filings/2026/08/17/investor-insight-universal-insurance-executive-chairman-sells-20-000-shares-for-usd885-400/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "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.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Investor Insight: Universal Insurance Executive Chairman Sells 20,000 Shares for $885,400",
        "url": "https://urgent.news/2026/08/17/investor-insight-universal-insurance-executive-chairman-sells-20-000-1571318",
        "published": "2026-08-17T21:20:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}