Accelerant (NYSE:ARX) sees strong trading volume on better-than-expected earnings. August 14, 2026 Key points. * Accelerant reported better-than-expected quarterly results, earning $0.32 per share versus the $0.16 consensus estimate on revenue of $356.9 million. Trading volume rose 150% to nearly 5 million shares. * Thoma Bravo agreed to take Accelerant private in an all-cash deal valued at more than $4 billion, offering shareholders $20.25 per share and serving as the main catalyst for the stock's recent gains. * Analysts largely view the shares as fairly valued near the transaction price, with a consensus "Hold" rating and $18.73 price target. Shareholder law firms are investigating whether the deal price was fair, while insiders have sold more than 1.2 million shares over the past 90 days. * MarketBeat previews the top five stocks to own by September 1st. Accelerant Holdings (NYSE:ARX - Get Free Report) saw strong trading volume on Friday after the company announced better than expected quarterly earnings. Approximately 4,954,463 shares were traded during trading, an increase of 150% from the previous session's volume of 1,980,874 shares.The stock last traded at $19.5550 and had previously closed at $19.51. The technology company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.16. The company had revenue of $356.90 million for the quarter. Accelerant had a positive return on equity of 49.99% and a negative net margin of 135.47%. Here are the key news stories impacting Accelerant this week: * Positive Sentiment: Thoma Bravo agreed to take Accelerant Holdings private in an all-cash transaction valued at more than $4 billion, offering shareholders $20.25 per share. The buyout price is the primary catalyst behind the stock's sharp advance and provides a potential near-term valuation anchor. Reuters Thoma Bravo acquisition article * Positive Sentiment: Accelerant's second-quarter earnings exceeded expectations: adjusted earnings were $0.32 per share versus a $0.16 consensus estimate, while revenue reached $356.9 million. The performance was supported by premium growth, higher fee revenue and stronger Exchange Services results. Accelerant second-quarter earnings report * Neutral Sentiment: Citizens JMP reaffirmed its "market perform" rating, while William Blair lowered Accelerant from "outperform" to "market perform." These actions suggest analysts see limited incremental upside beyond the transaction price rather than a major change in the company's operating outlook. William Blair rating change * Negative Sentiment: Several law firms are investigating whether Accelerant's board obtained a fair price for public shareholders and whether conflicts involving controlling shareholder Altamont Capital Partners affected the Thoma Bravo transaction. Such reviews could create deal uncertainty or encourage a higher offer, although no wrongdoing has been established. Ademi shareholder investigation Analyst Ratings changes. A number of analysts have weighed in on the stock. William Blair lowered shares of Accelerant from an "outperform" rating to a "market perform" rating in a research note on Thursday. Wells Fargo & Company lowered their target price on Accelerant from $17.00 to $16.00 and set an "overweight" rating on the stock in a report on Thursday, July 9th. Weiss Ratings raised shares of Accelerant from a "sell (e+)" rating to a "sell (d-)" rating in a report on Tuesday, August 4th. Citigroup downgraded Accelerant from an "outperform" rating to a "market perform" rating in a research report on Thursday. Finally, Royal Bank Of Canada lowered shares of Accelerant from an "outperform" rating to a "sector perform" rating in a research report on Friday. Five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Accelerant presently has a consensus rating of "Hold" and an average price target of $18.73. Discover more Earnings screener tool Market cap calculator Options profit calculator Insider buying and selling. In related news, COO Matthew David Sternberg sold 17,568 shares of the company's stock in a transaction on Monday, July 27th. The shares were sold at an average price of $14.64, for a total transaction of $257,195.52. Following the sale, the chief operating officer owned 596,482 shares of the company's stock, valued at $8,732,496.48. This represents a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Francis James Oneill sold 89,219 shares of the company's stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $12.41, for a total transaction of $1,107,207.79. Following the sale, the insider owned 6,369,290 shares in the company, valued at $79,042,888.90. This represents a 1.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 1,216,240 shares of company stock worth $16,146,480. Insiders own 66.59% of the company's stock. Institutional investors weigh in on Accelerant. A number of institutional investors and hedge funds have recently modified their holdings of the business. State of Wyoming bought a new stake in shares of Accelerant during the first quarter worth $28,000. Quarry LP bought a new position in shares of Accelerant during the third quarter valued at approximately $40,000. PNC Financial Services Group Inc. bought a new stake in Accelerant during the 3rd quarter valued at $42,000. Royal Bank of Canada boosted its position in Accelerant by 50.3% during the first quarter. Royal Bank of Canada now owns 7,729 shares of the technology company's stock valued at $103,000 after purchasing an additional 2,585 shares in the last quarter. Finally, CWM LLC bought a new stake in shares of Accelerant in the 4th quarter valued at about $109,000. Accelerant stock up 0.2%. The company's fifty day simple moving average is $13.27 and its 200-day simple moving average is $13.15. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.61 and a quick ratio of 1.61. The firm has a market capitalization of $4.27 billion and a PE ratio of -2.81. About Accelerant. Aeroflex Holding Corp. (Aeroflex Holding) is a provider of radio frequency (RF) and microwave integrated circuits, components and systems used in the design, development and maintenance of wireless communication systems. The Company's solutions include microelectronic components and test and measurement equipment used by companies in the space, avionics and defense; commercial wireless communications, and medical and other markets. Its products include a range of RF, microwave and millimeter wave microelectronic components, integrated circuits (ICs), and analog and mixed-signal devices. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Accelerant, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Accelerant wasn't on the list. While Accelerant currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. Discover the 10 Best High-Yield Dividend Stocks for 2026 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.

Paul Hastings, Goodwin, Sidley and Skadden among firms advising on Thoma Bravo's $4bn Accelerant take private. Firms including Maples Group, Walkers, Conyers Dill & Pearman and Ropes & Gray also on deal 13 August 2026 Paul Hastings, Goodwin Procter, Sidley Austin and Skadden were among the firms called in to advise on investment firm Thoma Bravo's more than $4bn deal to take speciality insurance marketplace Accelerant private. Paul Hastings is acting as US legal counsel to Accelerant, while Sidley Austin is serving as special insurance counsel and Maples Group is serving as Cayman Islands legal counsel for the company. Meanwhile, Goodwin Procter is serving as legal counsel to Thoma Bravo, Skadden is providing special insurance counsel and Walkers is serving as Cayman Islands legal counsel. Conyers Dill & Pearman is serving as legal counsel to a special committee representing Accelerant, while Ropes & Gray is serving as legal counsel to Altamont Capital Partners, Accelerant's largest investor. Advertisement Thoma Bravo is paying $20.25 per share in cash for Accelerant, a 49% premium on the company's closing share price on Wednesday (12 August). The deal values Accelerant at more than $4bn. Altamont and Accelerant's founders intend to retain equity ownership alongside Thoma Bravo, with the terms still to be finalised. The deal is expected to close in the first half of next year, subject to customary closing conditions and regulatory approvals. The Paul Hastings team on the deal was led by global M&A co-chair Eric Schiele and securities and capital markets global co-chair Colin Diamond, alongside partners Andrew Goodman, Dmitriy Molchanov and Kirk Lipsey. They were supported by insurance regulatory partner Sanjiv Tata; employee benefits partners Sasha Belinkie and Dan Stellenberg; antitrust partners Sally Evans, Salome Cisnal de Ugarte, Josh Soven and Gail Levine; finance partner Tracey Chenoweth; tax partners Andrew Davis and Jenny Doak; and technology transactions co-chair Sarah Gagan. The Sidley team advising Accelerant included capital markets partner Samir Gandhi in New York and insurance partners Tony Ribaudo and Sara Africano in Chicago and James Phythian-Adams in London. LAW OVER BORDERS COMPARATIVE GUIDES Arbitration Law Guide The Law Over Borders Comparative Guide to Arbitration provides a comprehensive understanding of the current complexities of international arbitration... | 1yr. Meanwhile, the Goodwin team advising Thoma Bravo was led by private equity partners David Johanson and Matthew Cognetti and global M&A chair Joshua Zachariah and M&A partner James Ding. The team have previously advised Thoma Bravo on deals including its $2.8bn acquisition of Ping Identity and its $1.8bn acquisition of NextGen Healthcare. The Skadden team advising Thoma Bravo includes insurance and M&A partner Elena Coyle (New York); financial institutions counsels Matthew Roberts (New York), Caroline Jaffer (London) and Cheryl Bunevich (New York); corporate counsel François Barrière (Paris); and tax partner Jared Binstock (Washington DC). The Walkers team included corporate partners Jason Allison, Hugh Anderson and Michael Beck, insolvency and dispute resolution partner Barnaby Gowrie, insurance partner Gary Harris and regulatory partner Juliana Tan. Jeff Radke, chairman and CEO of Accelerant, said: "Accelerant has been building the preeminent specialty insurance marketplace since our founding in 2018. Returning to private ownership with Thoma Bravo's technology and software expertise, coupled with its vast financial and strategic resources, will enable us to make investments that further position our unique, data-fuelled platform to be the rails on which specialty insurance runs."