Everest Group CEO Makes Significant Stock Purchase

New insider activity at Everest Group ( (EG) ) has taken place on June 13, 2025.

In a notable transaction, President & CEO James Allan Williamson has acquired 1,000 shares of Everest Group stock, amounting to a significant investment of $337,970.

Recent Updates on EG stock

In the last 24 hours, Everest Group’s stock has seen notable developments. The company announced the appointment of Darryl Page to its Board of Directors, expected to enhance strategic value creation due to his extensive experience in the insurance sector. Morgan Stanley adjusted its price target for Everest Group, reflecting mixed results across segments but anticipating growth in personal lines and margin expansion. Despite operational challenges such as casualty premiums and elevated catastrophe-related ratios, Everest Group’s strong financial foundation and cash flow management are seen as strengths, with the stock potentially undervalued. The company’s recent Annual General Meeting resulted in key decisions, including the election of directors and the approval of executive compensation and stock purchase plans.

Spark’s Take on EG Stock

According to Spark, TipRanks’ AI Analyst, EG is a Outperform.

Everest Group’s overall stock score is driven primarily by its strong financial performance, supported by a solid equity base and effective cash flow management. The valuation is reasonable, offering a fair P/E ratio and moderate dividend yield. Despite challenges highlighted in the earnings call, such as elevated combined ratios, the company’s growth in key areas and strategic board appointment are positive factors.

To see Spark’s full report on EG stock, click here.

More about Everest Group

YTD Price Performance: -5.17%

Average Trading Volume: 407,919

Technical Sentiment Signal: Hold

Current Market Cap: $14.26B