Marshall Wace LLP increased its stake in Ambac Financial Group by 276,210 shares in Q2.

Marshall Wace LLP increased its holdings in Ambac Financial Group by 276,210 shares in Q2, totaling 345,715 shares valued at $4.43 million. Other hedge funds also adjusted their positions. Ambac reported a Q2 EPS of $0.18, missing the $0.19 estimate, with revenues at $105 million and a net margin of 19.27%. The company operates in Specialty Property and Casualty Insurance, Insurance Distribution, and Legacy Financial Guarantee sectors.

October 02, 2024
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