Why Karen Carmack Buys 1 Shares of Franklin Financial Services (FRAF)?; Alliancebernstein LP Boosted Arch Cap Group LTD (ACGL) Stake

An insider Karen Carmack who is svp of Franklin Financial Services Corp paid for 1 shares of the company having a market value near $38 U.S. Dollars at an average $37.7 of a share. This is not her first insider trade, in the last month, she bought another 1 shares worth $38 USD. Today, Karen Carmack holds 277 shares or 0.01% of the company’s total market cap (Market Capitalization is a measurement of business value based on share price and number of shares outstanding).

Alliancebernstein Lp increased Arch Cap Group Ltd (ACGL) stake by 4.24% reported in 2017Q3 SEC filing. Alliancebernstein Lp acquired 4,528 shares as Arch Cap Group Ltd (ACGL)’s stock rose 0.81%. The Alliancebernstein Lp holds 111,381 shares with $10.97M value, up from 106,853 last quarter. Arch Cap Group Ltd now has $11.66B valuation. The stock increased 0.80% or $0.71 during the last trading session, reaching $89.09. About 212,168 shares traded. Arch Capital Group Ltd. (NASDAQ:ACGL) has risen 33.14% since January 4, 2017 and is uptrending. It has outperformed by 16.44% the S&P500.

Among 15 analysts covering Arch Capital (NASDAQ:ACGL), 6 have Buy rating, 1 Sell and 8 Hold. Therefore 40% are positive. Arch Capital had 42 analyst reports since July 31, 2015 according to SRatingsIntel. The company was maintained on Thursday, July 30 by M Partners. The firm has “Hold” rating by Keefe Bruyette & Woods given on Monday, December 4. As per Thursday, February 11, the company rating was maintained by RBC Capital Markets. The company was maintained on Friday, August 11 by Keefe Bruyette & Woods. The rating was maintained by UBS on Tuesday, September 19 with “Buy”. UBS upgraded the shares of ACGL in report on Tuesday, September 6 to “Buy” rating. As per Friday, January 6, the company rating was initiated by Credit Suisse. The firm has “Outperform” rating given on Friday, October 30 by RBC Capital Markets. The stock of Arch Capital Group Ltd. (NASDAQ:ACGL) earned “Outperform” rating by BMO Capital Markets on Monday, December 12. RBC Capital Markets maintained the shares of ACGL in report on Monday, October 2 with “Buy” rating.

Alliancebernstein Lp decreased Take (NASDAQ:TTWO) stake by 683,774 shares to 1.91M valued at $195.50 million in 2017Q3. It also reduced Manulife Finl Corp (NYSE:MFC) stake by 113,278 shares and now owns 247,522 shares. Wyndham Worldwide Corp (NYSE:WYN) was reduced too.

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.19, from 1.22 in 2017Q2. It is negative, as 38 investors sold ACGL shares while 81 reduced holdings. 26 funds opened positions while 96 raised stakes. 102.75 million shares or 3.97% more from 98.82 million shares in 2017Q2 were reported. First Tru Advsrs Limited Partnership holds 136,092 shares. Shell Asset Mngmt invested in 0.3% or 329,393 shares. Korea Investment reported 0.01% of its portfolio in Arch Capital Group Ltd. (NASDAQ:ACGL). One Association invested in 0.01% or 2,162 shares. National Bank & Trust Of Montreal Can invested 0.01% of its portfolio in Arch Capital Group Ltd. (NASDAQ:ACGL). Penn Cap Mngmt has 0.33% invested in Arch Capital Group Ltd. (NASDAQ:ACGL) for 44,441 shares. Macquarie Gp Ltd holds 0% of its portfolio in Arch Capital Group Ltd. (NASDAQ:ACGL) for 3,900 shares. Gateway Inv Advisers Llc reported 0.04% in Arch Capital Group Ltd. (NASDAQ:ACGL). Point72 Asia (Hong Kong) Limited holds 0.01% of its portfolio in Arch Capital Group Ltd. (NASDAQ:ACGL) for 87 shares. Martingale Asset Lp accumulated 0.51% or 389,449 shares. Vident Inv Advisory Ltd Liability has 0.04% invested in Arch Capital Group Ltd. (NASDAQ:ACGL) for 7,090 shares. Nordea Inv Mgmt holds 5,200 shares or 0% of its portfolio. Pacad invested 0.09% in Arch Capital Group Ltd. (NASDAQ:ACGL). Sumitomo Mitsui Asset Mgmt Ltd has 8,610 shares for 0.01% of their portfolio. The Florida-based Raymond James Associates has invested 0% in Arch Capital Group Ltd. (NASDAQ:ACGL).

Since August 1, 2017, it had 0 insider purchases, and 8 sales for $19.80 million activity. Papadopoulo Nicolas sold $7.57 million worth of Arch Capital Group Ltd. (NASDAQ:ACGL) on Thursday, September 7. Lyons Mark Donald had sold 9,967 shares worth $969,912. Shares for $4.89M were sold by IORDANOU CONSTANTINE on Tuesday, August 1. 5,921 Arch Capital Group Ltd. (NASDAQ:ACGL) shares with value of $539,212 were sold by PETRILLO LOUIS T. The insider Rippert Andrew sold 3,500 shares worth $329,866. Another trade for 12,500 shares valued at $1.21 million was sold by Hutchings W Preston.

Franklin Financial Services Corporation operates as the bank holding firm for Farmers and Merchants Trust Company of Chambersburg that provides commercial and retail banking, and trust services to small and medium-sized businesses, individuals, governmental entities, and non-profit organizations in Pennsylvania. The company has market cap of $161.35 million. It offers various deposit products, including checking, savings, and time deposit accounts. It has a 14.41 P/E ratio. The firm also provides commercial real estate loans, construction and land development loans, agricultural loans, installment and revolving loans to consumers, and residential mortgage loans, as well as secured and unsecured commercial and industrial loans, including accounts receivable and inventory financing, and commercial equipment financing.

Since December 20, 2017, it had 3 buys, and 0 sales for $528 activity. 3 shares valued at $113 were bought by Cekovich Ronald L on Wednesday, December 20. Jordan Richard E III bought $377 worth of Franklin Financial Services Corporation (OTCMKTS:FRAF) on Wednesday, December 20. The insider Carmack Karen K bought $38.

The stock increased 0.41% or $0.15 during the last trading session, reaching $37.05. About 3,257 shares traded or 101.80% up from the average. Franklin Financial Services Corporation (OTCMKTS:FRAF) has 0.00% since January 4, 2017 and is . It has underperformed by 16.70% the S&P500.

Investors sentiment is 0 in Q3 2017. Its the same as in 2017Q2. It is flat, as 0 investors sold Franklin Financial Services Corporation shares while 0 reduced holdings. only 0 funds opened positions while 0 raised stakes. 47,461 shares or 0.00% without change from 47,461 shares in 2017Q2 were reported. Orrstown Finance has invested 0.15% in Franklin Financial Services Corporation (OTCMKTS:FRAF). Logan holds 43,750 shares.