Genworth Holdings, Inc., a 10% owner of Enact Holdings, Inc. (ACT), reported the sale of 560,453 shares on April 30, 2026. The transactions occurred at an average price of $42.55 per share, resulting in a total value of approximately $23.85 million.
This marks a continuation of recent divestitures by Genworth Holdings, Inc. in Enact Holdings. Over the past few months, the entity has reported multiple sales of ACT shares, totaling hundreds of thousands of shares and millions of dollars in aggregate value.
Insider sales can be influenced by various factors, including portfolio rebalancing, tax planning, or adherence to pre-determined trading strategies. Such sales do not inherently signal a negative view of the company's future prospects.