Algert Global LLC Boosts Stake in Selective Insurance Group

The institutional investor increased its position in the insurance provider by 11.2% during the third quarter.

Mar. 15, 2026 at 7:23am

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Algert Global LLC, an institutional investor, raised its stake in Selective Insurance Group, Inc. (NASDAQ:SIGI) by 11.2% during the third quarter. The firm now owns 198,291 shares of the insurance provider's stock, worth approximately $16,075,000.

Why it matters

This transaction indicates that Algert Global sees potential in Selective Insurance Group's business and believes the stock is undervalued. As an institutional investor, Algert Global's increased stake could signal growing confidence in the insurance company's performance and future prospects.

The details

According to a disclosure with the Securities and Exchange Commission, Algert Global purchased an additional 19,910 shares of Selective Insurance Group during the third quarter. This increased the firm's total position in the company to 198,291 shares, or approximately 0.33% of the insurance provider's outstanding stock.

  • Algert Global LLC raised its position in Selective Insurance Group, Inc. during the third quarter of 2026.

The players

Algert Global LLC

An institutional investor that manages a portfolio of stocks and other securities.

Selective Insurance Group, Inc.

A New Jersey-based insurance provider that offers a range of property and casualty insurance products to commercial and personal customers.

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The takeaway

Algert Global's increased stake in Selective Insurance Group suggests the institutional investor sees long-term value in the insurance provider's business model and growth potential. This transaction could signal that Selective Insurance Group is an attractive investment opportunity for other institutional and retail investors as well.