HCC Insurance Holdings Inc. (HCC) CEO John Niels Jr Molbeck buys 10,000 Shares

President & CEO of HCC Insurance Holdings Inc. (HCC, Financial) John Niels Jr Molbeck buys 10,000 shares of HCC on 09/14/2009 at an average price of $27.24 a share.

HCC through its subsidiaries provides specialized property & casualty insurance coverages managing general agency services & insurance related services both to commercial customers & individuals. HCC's insurance products are underwritten on both a direct & reinsurance basis & are marketed by the Company itself & through a network of independent & affiliated agents & brokers. HCC's principal insurance company subsidiaries are Houston Casualty Co. U.S. Specialty Insurance Co. & Trafalgar Insurance Co. in Houston Texas; & AVEMCO Insurance Co. in Frederick Maryland. Hcc Insurance Holdings Inc. has a market cap of $3.07 billion; its shares were traded at around $27.32 with a P/E ratio of 9.6 and P/S ratio of 1.3. The dividend yield of Hcc Insurance Holdings Inc. stocks is 1.8%. Hcc Insurance Holdings Inc. had an annual average earning growth of 15.5% over the past 10 years. GuruFocus rated Hcc Insurance Holdings Inc. the business predictability rank of 2.5-star.

HCC is in the portfolios of John Rogers of ARIEL CAPITAL MANAGEMENT LLC, John Keeley of Keeley Fund Management, Third Avenue Management, David Dreman of Dreman Value Management, NWQ Managers of NWQ Investment Management Co.

Recent Trades of HCC Insurance Holdings Inc. by Directors and Officers:
  • Buy: Director Robert A Rosholt bought 9,400 shares of HCC stock on 09/08/2009 at the average price of $26.3; the price of the stock has increased by 3.88% since.

  • Buy: Director James E Oesterreicher bought 500 shares of HCC stock on 08/25/2009 at the average price of $26.25; the price of the stock has increased by 4.08% since.

  • Sell: Executive Vice President Edward H Jr Ellis sold 30,000 shares of HCC stock on 09/08/2009 at the average price of $26.37; the price of the stock has increased by 3.6% since.