Federated National Holding Company (NASDAQ:FNHC) reached a new 52-week low during trading on Tuesday . The stock traded as low as $12.89 and last traded at $12.86, with a volume of 138,803 shares traded. The stock had previously closed at $15.28.

The firm’s market capitalization is $167.12 million. The company has a 50 day moving average of $15.68 and a 200-day moving average of $16.55.

In other Federated National Holding news, Director Carl Dorf sold 25,000 shares of the stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $16.60, for a total transaction of $415,000.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 10.78% of the stock is currently owned by corporate insiders.

Several institutional investors have recently modified their holdings of the business. American International Group Inc. lifted its stake in shares of Federated National Holding by 7.0% during the 1st quarter. American International Group Inc. now owns 7,738 shares of the insurance provider’s stock worth $135,000 after purchasing an additional 509 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of Federated National Holding by 9.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,058 shares of the insurance provider’s stock worth $193,000 after purchasing an additional 1,022 shares during the period. Teachers Advisors LLC lifted its stake in shares of Federated National Holding by 5.3% during the 2nd quarter. Teachers Advisors LLC now owns 25,061 shares of the insurance provider’s stock worth $401,000 after purchasing an additional 1,272 shares during the period. Stanley Laman Group Ltd. lifted its stake in shares of Federated National Holding by 7.9% during the 2nd quarter. Stanley Laman Group Ltd. now owns 27,324 shares of the insurance provider’s stock worth $437,000 after purchasing an additional 2,009 shares during the period. Finally, UBS Group AG lifted its stake in shares of Federated National Holding by 29.8% during the 1st quarter. UBS Group AG now owns 9,101 shares of the insurance provider’s stock worth $159,000 after purchasing an additional 2,088 shares during the period. 62.32% of the stock is currently owned by institutional investors.

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About Federated National Holding

Federated National Holding Company (FNHC) is an insurance holding company that controls all steps in the insurance underwriting, distribution and claims processes through its subsidiaries and its contractual relationships with its independent agents and general agents. The Company is authorized to underwrite homeowners’ multi-peril (homeowners), commercial general liability, federal flood, personal auto and various other lines of insurance in Florida and various other states.

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