Genworth Holdings, Inc., a 10% owner of Enact Holdings, Inc. (ACT), reported the sale of 602,440 shares on June 1, 2026. The transaction, valued at approximately $25.85 million, occurred at an average price of $42.91 per share.
This sale follows a series of recent transactions by Genworth Holdings, Inc., which has divested significant portions of its Enact Holdings stake in prior months.
Insider sales can be influenced by a variety of factors, including personal financial planning, diversification strategies, or the execution of pre-arranged trading plans. Such transactions do not inherently signal a negative view of the company's future prospects.