ACT CEO Rohit Gupta Buys Shares
Rohit Gupta, ACT's President and CEO, purchased 497 shares of the company.
Key Points
- Rohit Gupta, President and CEO of ACT, bought 497 shares on June 18, 2026.
- ACT's shares traded at $43.32 on Wednesday, with analysts maintaining various ratings.
- Institutional activity includes BlackRock and Dimensional Fund Advisors increasing their stakes.
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Rohit Gupta, the President and CEO of ACT, bought 497 shares of the company on June 18, 2026. This transaction wasn't part of a pre-planned trading program. On Wednesday, ACT's stock traded around $43.32.
Other Institutional Activity in ACT
Several institutional investors have recently adjusted their positions in ACT. BlackRock, Inc. increased its holdings by 27,016 shares, bringing its total to 4,664,889 shares valued at about $190.4 million, marking a 0.6% increase. Dimensional Fund Advisors LP also boosted its stake with an addition of 116,348 shares, totaling 3,002,894 shares worth approximately $122.5 million, a 4.0% increase. Meanwhile, Vanguard Portfolio Management LLC opened a new position with 1,740,973 shares valued at $71 million. First Trust Advisors LP added 16,202 shares, growing its holdings to 1,395,032 shares, valued at $56.9 million, a 1.2% increase.
Insider Buying and Selling at Enact Holdings, Inc.
On June 18, 2026, several insiders at ACT made stock purchases. Besides Rohit Gupta's acquisition of 497 shares, Debra Still bought 201 shares, Michael Bless acquired 176 shares, Elizabeth Mitchell purchased 56 shares, Dominic James Addesso bought 348 shares, and Sheila Hooda acquired 201 shares. None of these transactions were made under pre-planned trading programs.
Analysts Set New Price Targets
Analysts have recently issued ratings and price targets for ACT. On April 21, 2026, B of A Securities maintained a 'buy' rating with a price target of $49. JP Morgan and Keefe, Bruyette & Woods have consistently maintained 'hold' ratings, with targets ranging from $39 to $44 over the past year.
Bottom Line
Rohit Gupta's purchase of ACT shares is part of a broader trend of insider buying, which can sometimes signal confidence in the company's prospects. Institutional investors like BlackRock and Dimensional Fund Advisors have also increased their stakes, reflecting ongoing interest in ACT. Analyst ratings suggest a mixed outlook, with various price targets indicating differing views on the company's future performance.
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