Stewart Information Services CEO buys $133,350 in company stock
Stewart Information Services CEO buys $133,350 in company stock
Frederick H. Eppinger, Chief Executive Officer and a director of Stewart Information Services Corp. (NASDAQ:STC), acquired shares of the company’s common stock totaling $133,350. The transaction took place on October 26, 2026.
Mr. Eppinger purchased 3,000 shares at a price of $44.45 per share. The timing of this insider purchase is notable, as the stock is currently trading near its 52-week low of $42.73 and has declined 18% over the past week. According to InvestingPro analysis, Stewart Information appears undervalued at current levels, with the stock trading at a P/E ratio of 10.84. InvestingPro subscribers have access to over 10 additional exclusive tips about STC, plus comprehensive Pro Research Reports covering 1,400+ US equities. Following this acquisition, his direct beneficial ownership in Stewart Information Services Corp. stands at 173,675 shares.
In other recent news, Stewart Information Services reported its third-quarter 2026 earnings, which fell short of analyst expectations. The company announced adjusted earnings per share of $1.33, missing the Wall Street forecast of $1.56. Revenue for the quarter was $900.68 million, slightly below the anticipated $908.8 million. The company attributed the disappointing results to a rapid increase in mortgage rates, which has impacted the residential housing market. Analysts were expecting stronger financial performance, and the results highlight the challenges faced by the company in the current economic environment. These developments have caught the attention of investors and analysts alike, as they assess the implications for Stewart Information Services moving forward.