Genworth Holdings, Inc., a 10% owner of Enact Holdings, Inc. (ACT), reported the sale of 990,583 shares on November 3, 2026. The transaction, valued at approximately $45.19 million, occurred at an average price of $45.62 per share.
This marks another significant disposition of Enact Holdings stock by Genworth Holdings, Inc. in recent months. The company has engaged in several substantial sales throughout the latter half of 2026, including disposals in September and August.
Insider sales can be driven by various factors including portfolio diversification, tax obligations, or pre-arranged trading plans and do not necessarily reflect a negative outlook on the company's future performance.