Douglas N. Raucy Purchases 5,000 Shares of 1347 Property Insurance Holdings, Inc. (PIH) Stock
1347 Property Insurance Holdings, Inc. (NASDAQ:PIH) CEO Douglas N. Raucy purchased 5,000 shares of the firm’s stock in a transaction on Monday, November 20th. The stock was acquired at an average price of $7.69 per share, for a total transaction of $38,450.00. Following the transaction, the chief executive officer now owns 20,000 shares of the company’s stock, valued at approximately $153,800. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
1347 Property Insurance Holdings, Inc. (NASDAQ PIH) remained flat at $$7.25 during trading on Thursday. The company had a trading volume of 2,500 shares, compared to its average volume of 12,613. The stock has a market cap of $43.39, a price-to-earnings ratio of 90.63 and a beta of 0.29. 1347 Property Insurance Holdings, Inc. has a 1-year low of $6.50 and a 1-year high of $9.00.
COPYRIGHT VIOLATION NOTICE: “Douglas N. Raucy Purchases 5,000 Shares of 1347 Property Insurance Holdings, Inc. (PIH) Stock” was first posted by Daily Political and is the property of of Daily Political. If you are accessing this piece of content on another site, it was stolen and republished in violation of international copyright and trademark law. The legal version of this piece of content can be accessed at https://www.dailypolitical.com/2017/11/23/douglas-n-raucy-purchases-5000-shares-of-1347-property-insurance-holdings-inc-pih-stock.html.
A number of institutional investors have recently bought and sold shares of the business. Belpointe Asset Management LLC acquired a new position in 1347 Property Insurance Holdings in the 3rd quarter worth approximately $117,000. Stilwell Value LLC boosted its stake in 1347 Property Insurance Holdings by 697.5% in the 2nd quarter. Stilwell Value LLC now owns 1,250,480 shares of the insurance provider’s stock worth $1,250,000 after purchasing an additional 1,093,680 shares during the period. Finally, CWA Asset Management Group LLC boosted its stake in 1347 Property Insurance Holdings by 2.7% in the 2nd quarter. CWA Asset Management Group LLC now owns 975,573 shares of the insurance provider’s stock worth $7,780,000 after purchasing an additional 25,516 shares during the period. Hedge funds and other institutional investors own 24.29% of the company’s stock.
Separately, TheStreet upgraded shares of 1347 Property Insurance Holdings from a “c” rating to a “b” rating in a research report on Monday, October 9th.
1347 Property Insurance Holdings Company Profile
1347 Property Insurance Holdings, Inc is a holding company. The Company, through its subsidiaries, is engaged providing property and casualty insurance. The Company offers homeowners’ insurance, manufactured home insurance and dwelling fire insurance. It writes both full peril property policies, as well as wind/hail only exposures and it distributes policies through independent insurance agents.
Receive News & Ratings for 1347 Property Insurance Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 1347 Property Insurance Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.