Selective Insurance director Cynthia Nicholson sells $364,342 in stock

Cynthia S. Nicholson, a director at Selective Insurance Group Inc. (NASDAQ:SIGI), sold 3,691 shares of the company’s common stock for a total value of $364,342. The transaction took place on October 26, 2026.

The shares were sold at prices ranging from $98.71 to $98.75 per share, with a weighted average sale price of $98.711. Following this sale, Ms. Nicholson directly holds 17,463.0122 shares of Selective Insurance Group common stock. This total includes 16.9373 dividend equivalent units, each representing the economic equivalent of one share of common stock.The transaction comes as SIGI trades near its 52-week high of $101.25, following a strong 10% gain over the past week. According to InvestingPro analysis, the stock appears undervalued at current levels. For deeper insights into SIGI’s valuation and comprehensive analysis, investors can access the detailed Pro Research Report, available for this and 1,400+ other US equities.

In other recent news, BMO Capital has made adjustments to its outlook on Selective Insurance Group. The firm downgraded the stock from an Outperform to a Market Perform rating, citing a slower margin outlook. Despite the downgrade, BMO Capital maintained a price target of $97.00 for the company. Additionally, the firm increased its earnings per share estimates by 1%, attributing this to higher interest rates, although this was partially offset by weaker underwriting profit margins. In a separate note, BMO Capital reiterated a Market Perform rating with a slightly higher price target of $98.00. These recent developments indicate a cautious yet steady perspective from BMO Capital on Selective Insurance Group’s financial performance.