Trading Report: Today, Insider Buying: Tiptree Financial Inc. (TIPT) Insider Buys $25,116.00 in Stock

Today, Insider Buying: Tiptree Financial Inc. (TIPT) Insider Buys $25,116.00 in Stock

Tiptree Financial Inc. (NASDAQ:TIPT) insider Michael Gene Barnes purchased 3,900 shares of the stock in a transaction that occurred on Monday, November 21st. The shares were acquired at an average price of $6.44 per share, for a total transaction of $25,116.00. Following the completion of the transaction, the insider now directly owns 3,782,791 shares of the company’s stock, valued at approximately $24,361,174.04. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Michael Gene Barnes also recently made the following trade(s): On Tuesday, November 22nd, Michael Gene Barnes purchased 2,500 shares of Tiptree Financial stock. The shares were acquired at an average price of $6.44 per share, for a total transaction of $16,100.00. On Thursday, November 17th, Michael Gene Barnes bought 4,400 shares of Tiptree Financial stock. The stock was purchased at an average price of $6.41 per share, for a total transaction of $28,204.00. On Tuesday, November 15th, Michael Gene Barnes bought 4,700 shares of Tiptree Financial stock. The stock was purchased at an average price of $6.39 per share, for a total transaction of $30,033.00. On Friday, November 11th, Michael Gene Barnes bought 5,000 shares of Tiptree Financial stock. The stock was purchased at an average price of $6.17 per share, for a total transaction of $30,850.00. On Wednesday, November 9th, Michael Gene Barnes bought 5,000 shares of Tiptree Financial stock. The stock was purchased at an average price of $5.98 per share, for a total transaction of $29,900.00. On Monday, November 7th, Michael Gene Barnes bought 5,000 shares of Tiptree Financial stock. The stock was purchased at an average price of $6.00 per share, for a total transaction of $30,000.00. On Thursday, November 3rd, Michael Gene Barnes bought 5,000 shares of Tiptree Financial stock. The stock was purchased at an average price of $5.95 per share, for a total transaction of $29,750.00. On Tuesday, November 1st, Michael Gene Barnes bought 5,000 shares of Tiptree Financial stock. The stock was purchased at an average price of $5.80 per share, for a total transaction of $29,000.00. On Friday, October 28th, Michael Gene Barnes bought 5,000 shares of Tiptree Financial stock. The stock was purchased at an average price of $5.80 per share, for a total transaction of $29,000.00. On Wednesday, October 26th, Michael Gene Barnes bought 5,000 shares of Tiptree Financial stock. The stock was purchased at an average price of $5.94 per share, for a total transaction of $29,700.00.

Tiptree Financial Inc. (NASDAQ:TIPT) opened at 6.55 on Friday. The firm has a market capitalization of $185.74 million, a price-to-earnings ratio of 16.25 and a beta of -0.28. The firm has a 50-day moving average of $5.99 and a 200 day moving average of $5.59. Tiptree Financial Inc. has a 12-month low of $4.74 and a 12-month high of $7.05.

The business also recently declared a quarterly dividend, which will be paid on Monday, November 28th. Stockholders of record on Monday, November 21st will be issued a $0.025 dividend. The ex-dividend date of this dividend is Thursday, November 17th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 1.53%.

Tiptree Financial Company Profile

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