Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of W.R. Berkley Corporation (NYSE:WRB)

11 Jun 2026, 00:03 by Michael Walen · The Markets Daily

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of W.R. Berkley Corporation (NYSE:WRB). In a filing disclosed on June 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in W.R. Berkley stock on May 19th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.

W.R. Berkley Stock Performance

Shares of WRB stock traded up $0.94 during midday trading on Wednesday, hitting $68.16. 1,531,570 shares of the company were exchanged, compared to its average volume of 2,244,772. W.R. Berkley Corporation has a 52 week low of $62.87 and a 52 week high of $78.96. The firm has a market capitalization of $25.38 billion, a P/E ratio of 14.44, a PEG ratio of 3.16 and a beta of 0.30. The firm’s 50 day moving average price is $66.52 and its two-hundred day moving average price is $68.60. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.36 and a current ratio of 0.36.

W.R. Berkley (NYSE:WRB – Get Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The insurance provider reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.17. W.R. Berkley had a net margin of 12.64% and a return on equity of 18.92%. The firm had revenue of $3.69 billion during the quarter, compared to the consensus estimate of $3.18 billion. During the same period last year, the business posted $1.01 earnings per share. The business’s revenue for the quarter was up 1.3% compared to the same quarter last year. As a group, equities research analysts anticipate that W.R. Berkley Corporation will post 4.67 earnings per share for the current year.

W.R. Berkley Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Tuesday, June 23rd will be paid a dividend of $0.10 per share. The ex-dividend date is Tuesday, June 23rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.6%. This is a boost from W.R. Berkley’s previous quarterly dividend of $0.09. W.R. Berkley’s dividend payout ratio is 7.63%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in WRB. Entrust Financial LLC bought a new stake in W.R. Berkley during the fourth quarter worth $25,000. Hazlett Burt & Watson Inc. raised its stake in W.R. Berkley by 140.0% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 360 shares of the insurance provider’s stock worth $26,000 after acquiring an additional 210 shares in the last quarter. DV Equities LLC acquired a new stake in shares of W.R. Berkley in the 4th quarter valued at approximately $29,000. Triumph Capital Management acquired a new stake in shares of W.R. Berkley in the 3rd quarter valued at approximately $35,000. Finally, Quarry LP bought a new stake in shares of W.R. Berkley during the 4th quarter valued at approximately $39,000. 68.82% of the stock is owned by institutional investors.

Analysts Set New Price Targets

WRB has been the topic of a number of research reports. Keefe, Bruyette & Woods decreased their price objective on W.R. Berkley from $74.00 to $66.00 and set a “market perform” rating on the stock in a report on Wednesday, April 1st. Barclays upped their price target on shares of W.R. Berkley from $62.00 to $64.00 and gave the company an “underweight” rating in a research note on Wednesday, April 22nd. Evercore reiterated an “underperform” rating on shares of W.R. Berkley in a research note on Monday, March 9th. Wall Street Zen upgraded shares of W.R. Berkley from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Finally, Brean Capital cut W.R. Berkley from a “buy” rating to a “neutral” rating and set a $73.00 price target for the company. in a research note on Wednesday, March 25th. Three analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $68.44.

Read Our Latest Analysis on WRB

Key Headlines Impacting W.R. Berkley

Here are the key news stories impacting W.R. Berkley this week:

Negative Sentiment: W.R. Berkley announced the passing of founder and Executive Chairman William R. Berkley, followed by a leadership transition update. While the company said it is moving forward with succession planning, the founder’s death may create some near-term uncertainty for investors. Article Title
Positive Sentiment: The company named Kirk A. Parker as president of Berkley North Pacific, signaling continued management action and a focus on operational execution and profitable growth. Article Title
Positive Sentiment: Analyst commentary remains constructive overall, with Zacks-related updates highlighting W.R. Berkley as a top momentum stock and raising some forward EPS estimates, which can support the bullish case for the insurance company. Article Title
Neutral Sentiment: Several analyst estimate revisions were mixed but modest, with small increases for some future periods and a slight reduction for FY2027, suggesting expectations are still generally stable rather than materially changing. Article Title
Positive Sentiment: Separate coverage noted that W.R. Berkley raised its dividend by more than 11% and continues returning excess capital through dividends and buybacks, reinforcing shareholder-friendly capital allocation. Article Title

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About W.R. Berkley

(Get Free Report)

W. R. Berkley Corporation (NYSE: WRB) is a publicly traded insurance holding company that underwrites and sells commercial property and casualty insurance, specialty insurance products, and reinsurance. Headquartered in Greenwich, Connecticut, the company operates a portfolio of underwriting businesses that focus on niche and specialty commercial risks, offering coverage tailored to industries such as transportation, construction, professional services and other commercial lines.

The company’s product mix includes primary and excess casualty, property, professional liability, environmental and other specialty lines, together with treaty and facultative reinsurance solutions.