Executive Stock Sale#
Subhashish Sengupta, the Executive Vice President and Chief People Officer of Assurant, recently sold 1,900 shares of the company's stock. This sale occurred on March 19 and 20, 2026, and totaled approximately $400,096, according to a filing with the Securities and Exchange Commission (SEC).
Details of the Sale#
The transactions included the sale of 20 shares at a price of $215.00 on March 19, followed by the sale of 1,880 shares on March 20 at a weighted average price of $210.53. The prices for these shares ranged from $210.40 to $210.70. After these transactions, Sengupta retains ownership of 2,895.014 shares of Assurant, which includes restricted stock units. Additionally, he holds 930.344 shares indirectly through the company's 401(k) retirement plan as of December 31, 2025.
Company Performance#
Assurant's stock is currently trading at $217.43, giving the company a market capitalization of $10.84 billion. The company has a price-to-earnings (P/E) ratio of 12.9, which suggests it may be undervalued compared to its earnings. Assurant has a strong track record, having raised its dividend for 22 consecutive years, with a current yield of 1.65%.
Recent Financial Results#
In other news, Assurant reported solid financial results for the fourth quarter of 2025, exceeding analysts' expectations. The company achieved earnings per share (EPS) of $5.61, surpassing the forecast of $5.36. Additionally, Assurant reported revenue of $3.35 billion, which was higher than the anticipated $3.3 billion. Despite these positive results, the stock saw a slight dip in premarket trading. Analysts will likely keep a close eye on Assurant's performance in upcoming quarters.