Stewart Information Services director buys $93,640 in shares
Stewart Information Services director buys $93,640 in shares
Corey William S. Jr., a director at Stewart Information Services Corp. (NYSE:STC), purchased 2,000 shares of the company’s common stock for a total value of $93,640. The transaction occurred on October 23, 2026, with shares acquired at a price of $46.82 each.
Following this purchase, Mr. Corey directly holds 13,433 shares of Stewart Information Services common stock. The transaction was reported on October 26, 2026.The insider purchase comes as STC stock trades near its 52-week low of $42.73, with shares currently at $42.96—down from the $46.82 purchase price. According to InvestingPro analysis, the stock appears undervalued with a Fair Value of $62.44, placing it among undervalued opportunities in the market. InvestingPro offers 10 additional exclusive tips for STC, including insights on the company’s 5-year dividend growth streak and current oversold conditions.
In other recent news, Stewart Information Services reported its third-quarter 2026 financial results, which fell short of Wall Street expectations. The company announced adjusted earnings per share of $1.33, missing the forecasted $1.56 by $0.23. Revenue for the quarter was $900.68 million, slightly below the anticipated $908.8 million. The company attributed these results to a rapid increase in mortgage rates, which has impacted the residential housing market. Analysts had expected stronger performance, but the economic conditions have presented challenges. These developments are significant for investors monitoring Stewart Information Services’ financial health. The company’s performance and the broader market conditions continue to be areas of interest.
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