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Richard Bernstein Advisors LLC Sells 13,795 Shares of Arch Capital Group Ltd. $ACGL
Richard Bernstein Advisors LLC reduced its stake in Arch Capital Group (NASDAQ:ACGL) by 51.1% in the third quarter, selling 13,795 shares and retaining 13,186 shares valued at approximately $1.196 million. Despite this, institutional ownership remains high at 89.07%, with other large institutions increasing their positions. Analysts offer mixed ratings for ACGL, which recently surpassed earnings expectations and trades with a market capitalization of $34.22 billion.