Tiptree Financial Inc. (NASDAQ:TIPT) insider Michael Gene Barnes acquired 2,102 shares of the business’s stock in a transaction on Friday, November 25th. The stock was purchased at an average price of $6.47 per share, for a total transaction of $13,599.94. Following the acquisition, the insider now directly owns 3,789,193 shares in the company, valued at $24,516,078.71. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Michael Gene Barnes also recently made the following trade(s):

  • On Tuesday, November 29th, Michael Gene Barnes acquired 2,170 shares of Tiptree Financial stock. The stock was purchased at an average price of $6.48 per share, for a total transaction of $14,061.60.
  • On Tuesday, November 22nd, Michael Gene Barnes acquired 2,500 shares of Tiptree Financial stock. The stock was purchased at an average price of $6.44 per share, for a total transaction of $16,100.00.
  • On Monday, November 21st, Michael Gene Barnes acquired 3,900 shares of Tiptree Financial stock. The stock was purchased at an average price of $6.44 per share, for a total transaction of $25,116.00.
  • On Thursday, November 17th, Michael Gene Barnes acquired 4,400 shares of Tiptree Financial stock. The stock was purchased at an average price of $6.41 per share, for a total transaction of $28,204.00.
  • On Tuesday, November 15th, Michael Gene Barnes acquired 4,700 shares of Tiptree Financial stock. The stock was purchased at an average price of $6.39 per share, for a total transaction of $30,033.00.
  • On Friday, November 11th, Michael Gene Barnes acquired 5,000 shares of Tiptree Financial stock. The stock was purchased at an average price of $6.17 per share, for a total transaction of $30,850.00.
  • On Wednesday, November 9th, Michael Gene Barnes acquired 5,000 shares of Tiptree Financial stock. The stock was purchased at an average price of $5.98 per share, for a total transaction of $29,900.00.
  • On Monday, November 7th, Michael Gene Barnes acquired 5,000 shares of Tiptree Financial stock. The stock was purchased at an average price of $6.00 per share, for a total transaction of $30,000.00.
  • On Thursday, November 3rd, Michael Gene Barnes acquired 5,000 shares of Tiptree Financial stock. The stock was purchased at an average price of $5.95 per share, for a total transaction of $29,750.00.
  • On Tuesday, November 1st, Michael Gene Barnes bought 5,000 shares of Tiptree Financial stock. The stock was bought at an average price of $5.80 per share, for a total transaction of $29,000.00.

Shares of Tiptree Financial Inc. (NASDAQ:TIPT) opened at 6.45 on Thursday. The stock has a 50 day moving average of $6.03 and a 200-day moving average of $5.62. The firm has a market cap of $182.91 million, a price-to-earnings ratio of 16.00 and a beta of -0.28. Tiptree Financial Inc. has a 52 week low of $4.74 and a 52 week high of $7.02.

Insider Buying and Selling by Quarter for Tiptree Financial (NASDAQ:TIPT)

The business also recently announced a quarterly dividend, which was paid on Monday, November 28th. Shareholders of record on Monday, November 21st were given a $0.025 dividend. The ex-dividend date of this dividend was Thursday, November 17th. This represents a $0.10 dividend on an annualized basis and a yield of 1.55%.

ILLEGAL ACTIVITY WARNING: This news story was first reported by Daily Political and is the sole property of of Daily Political. If you are reading this news story on another publication, it was illegally copied and reposted in violation of US and international copyright and trademark legislation. The original version of this news story can be read at http://www.dailypolitical.com/2016/12/01/insider-buying-tiptree-financial-inc-tipt-insider-purchases-13599-94-in-stock.html.

Tiptree Financial Company Profile

Tiptree Financial Inc is a diversified holding company, which is engaged through its consolidated subsidiaries in a number of businesses and is an acquirer of businesses. The Company acquires and manages controlling interests of operating businesses. The Company has five segments: insurance and insurance services, specialty finance, real estate, asset management, and corporate and other.

5 Day Chart for NASDAQ:TIPT

Receive News & Ratings for Tiptree Financial Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tiptree Financial Inc. and related companies with MarketBeat.com's FREE daily email newsletter.