Genworth Holdings, Inc., a 10% owner of Enact Holdings, Inc. (ACT), executed a significant sale of company stock. On October 1, 2026, Genworth Holdings sold 762,894 shares of ACT at an average price of $48.65 per share, resulting in a transaction valued at approximately $37.11 million.
This transaction follows a pattern of recent sales by Genworth Holdings, Inc. in Enact Holdings, Inc. Over the past few months, the entity has divested substantial portions of its holdings.
Insider sales can be influenced by a variety of factors, such as portfolio diversification, personal financial planning, or adherence to pre-established trading schedules. Such sales do not inherently indicate a negative view of the company's prospects.