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Major Stakeholder Makes Bold Move With Large Enact Holdings Stock Sale

Major Stakeholder Makes Bold Move With Large Enact Holdings Stock Sale

New insider activity at Enact Holdings ( (ACT) ) has taken place on May 1, 2026.

Meet Samuel – Your Personal Investing Prophet

Significant shareholder Genworth Holdings, Inc. has trimmed its position in Enact Holdings, selling 560,453 shares in a recent transaction. The divestment, valued at $23,847,275, marks a notable move by the major stakeholder and highlights a substantial shift in capital tied to Enact Holdings’ stock.

Recent Updates on ACT stock

Enact Holdings’ shares reacted to a revised outlook after BofA slightly lifted its price target while reiterating a positive stance. The adjustment was driven by updated expectations for the mortgage market and Enact’s projected market share, reflecting analysts’ view of a more favorable operating environment for the company.

Spark’s Take on ACT Stock

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

Overall score driven primarily by strong financial performance (high profitability, low leverage, solid cash generation) and attractive valuation (low P/E plus ~2% yield). Earnings call commentary further supports the score via sizable planned capital returns and improved credit performance, while technicals are supportive but not strongly bullish and near-term operational headwinds (persistency/delinquency trends) temper upside.

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

More about Enact Holdings

YTD Price Performance: 8.34%

Average Trading Volume: 321,167

Technical Sentiment Signal: Buy

Current Market Cap: $6.03B

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