Conifer Holdings (CNFR) Earning Somewhat Positive Media Coverage, Report Finds
News stories about Conifer Holdings (NASDAQ:CNFR) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Conifer Holdings earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news articles about the insurance provider an impact score of 46.8398915009128 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- FY2017 Earnings Forecast for Conifer Holdings, Inc. (CNFR) Issued By Boenning Scattergood (americanbankingnews.com)
- Q2 2018 EPS Estimates for Conifer Holdings, Inc. Boosted by Boenning Scattergood (CNFR) (americanbankingnews.com)
- Edited Transcript of CNFR earnings conference call or presentation 9-Nov-17 1:30pm GMT (finance.yahoo.com)
- Conifer Holdings Inc to Host Earnings Call (finance.yahoo.com)
- Conifer Holdings Reports 2017 Third Quarter Financial Results (finance.yahoo.com)
CNFR has been the topic of several recent analyst reports. Boenning Scattergood reiterated a “hold” rating on shares of Conifer Holdings in a report on Wednesday, October 4th. Zacks Investment Research upgraded Conifer Holdings from a “strong sell” rating to a “hold” rating in a report on Monday, July 17th.
Shares of Conifer Holdings (NASDAQ CNFR) remained flat at $$6.25 during midday trading on Tuesday. The company had a trading volume of 700 shares, compared to its average volume of 8,119. Conifer Holdings has a fifty-two week low of $6.00 and a fifty-two week high of $8.20. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.55.
In other Conifer Holdings news, Director Joseph D. Sarafa acquired 24,000 shares of the stock in a transaction dated Friday, September 29th. The stock was purchased at an average price of $6.25 per share, with a total value of $150,000.00. Following the transaction, the director now directly owns 49,000 shares of the company’s stock, valued at $306,250. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, President Brian J. Roney acquired 16,000 shares of the stock in a transaction dated Thursday, September 28th. The stock was acquired at an average cost of $6.25 per share, with a total value of $100,000.00. Following the transaction, the president now directly owns 301,920 shares in the company, valued at $1,887,000. The disclosure for this purchase can be found here. Insiders have acquired a total of 260,000 shares of company stock worth $1,625,000 over the last 90 days. 45.50% of the stock is currently owned by company insiders.
Conifer Holdings Company Profile
Conifer Holdings, Inc is an insurance holding company. Through its insurance company subsidiaries, the Company offers insurance coverage in both specialty commercial and specialty personal product lines. It operates through two segments: commercial lines and personal lines. It is engaged in underwriting and marketing insurance coverage, and administering claims processing for such policies.
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