In other news, VP John S. Hill bought 3,538 shares of the company’s stock in a transaction dated Tuesday, August 15th. The shares were acquired at an average cost of $7.36 per share, with a total value of $26,039.68. Following the completion of the transaction, the vice president now directly owns 6,038 shares in the company, valued at approximately $44,439.68. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Dan E. Case bought 3,278 shares of the company’s stock in a transaction dated Friday, September 15th. The stock was purchased at an average cost of $8.10 per share, for a total transaction of $26,551.80. The disclosure for this purchase can be found here. Over the last three months, insiders bought 179,562 shares of company stock worth $1,422,655. 28.10% of the stock is currently owned by insiders.
An institutional investor recently raised its position in 1347 Property Insurance Holdings stock. Stilwell Value LLC boosted its stake in shares of 1347 Property Insurance Holdings, Inc. (NASDAQ:PIH) by 697.5% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,250,480 shares of the insurance provider’s stock after purchasing an additional 1,093,680 shares during the period. 1347 Property Insurance Holdings comprises approximately 0.9% of Stilwell Value LLC’s holdings, making the stock its 22nd largest position. Stilwell Value LLC owned approximately 21.00% of 1347 Property Insurance Holdings worth $1,250,000 as of its most recent SEC filing. Institutional investors own 42.68% of the company’s stock.
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.
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