Independence Holding (NYSE:IHC) insider Larry Graber sold 4,155 shares of the company’s stock in a transaction dated Wednesday, September 5th. The stock was sold at an average price of $35.50, for a total transaction of $147,502.50. Following the completion of the sale, the insider now directly owns 58,637 shares in the company, valued at approximately $2,081,613.50. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Larry Graber also recently made the following trade(s):

  • On Friday, August 24th, Larry Graber sold 301 shares of Independence stock. The stock was sold at an average price of $36.25, for a total transaction of $10,911.25.
  • On Wednesday, August 22nd, Larry Graber sold 861 shares of Independence stock. The stock was sold at an average price of $36.47, for a total transaction of $31,400.67.
  • On Thursday, August 16th, Larry Graber sold 1,200 shares of Independence stock. The stock was sold at an average price of $37.15, for a total transaction of $44,580.00.
  • On Tuesday, August 14th, Larry Graber sold 3,247 shares of Independence stock. The stock was sold at an average price of $37.28, for a total transaction of $121,048.16.
  • On Monday, June 11th, Larry Graber sold 3,000 shares of Independence stock. The stock was sold at an average price of $36.14, for a total transaction of $108,420.00.

Shares of NYSE IHC opened at $35.45 on Friday. The stock has a market cap of $521.67 million, a P/E ratio of 11.58 and a beta of 0.09. Independence Holding has a 12-month low of $21.45 and a 12-month high of $39.85.

Independence (NYSE:IHC) last issued its quarterly earnings results on Tuesday, August 7th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter. The business had revenue of $84.89 million for the quarter. Independence had a net margin of 10.75% and a return on equity of 10.62%.

Separately, ValuEngine downgraded shares of Independence from a “buy” rating to a “hold” rating in a research report on Tuesday.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP lifted its position in Independence by 18.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 157,835 shares of the financial services provider’s stock worth $5,627,000 after buying an additional 24,751 shares in the last quarter. Seizert Capital Partners LLC acquired a new position in Independence during the 1st quarter worth about $1,011,000. Arnhold LLC acquired a new position in Independence during the 1st quarter worth about $18,294,000. TCW Group Inc. lifted its position in Independence by 3.2% during the 1st quarter. TCW Group Inc. now owns 285,491 shares of the financial services provider’s stock worth $10,178,000 after buying an additional 8,719 shares in the last quarter. Finally, Cannell Capital LLC lifted its position in Independence by 24.3% during the 1st quarter. Cannell Capital LLC now owns 54,690 shares of the financial services provider’s stock worth $1,950,000 after buying an additional 10,701 shares in the last quarter. Institutional investors and hedge funds own 18.08% of the company’s stock.

Independence Company Profile

Independence Holding Company, through its subsidiaries, engages in life and health insurance business. The company's dental portfolio includes indemnity and PPO plans for employer groups of two or more lives, and for individuals within affinity groups; vision plans that offer a flat reimbursement amount for exams and materials; and short-term medical products for people with temporary needs for health coverage.

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