Trade Report: Today: Tiptree Financial Inc. (TIPT) Insider Michael Gene Barnes Buys 2,102 Shares

Today: Tiptree Financial Inc. (TIPT) Insider Michael Gene Barnes Buys 2,102 Shares

Tiptree Financial Inc. (NASDAQ:TIPT) insider Michael Gene Barnes bought 2,102 shares of the stock in a transaction on Friday, November 25th. The shares were acquired at an average cost of $6.47 per share, with a total value of $13,599.94. Following the purchase, the insider now owns 3,789,193 shares of the company’s stock, valued at approximately $24,516,078.71. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, 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 bought 2,500 shares of Tiptree Financial stock. The shares were acquired at an average cost of $6.44 per share, with a total value of $16,100.00. On Monday, November 21st, Michael Gene Barnes bought 3,900 shares of Tiptree Financial stock. The shares were acquired at an average cost of $6.44 per share, with a total value of $25,116.00. On Thursday, November 17th, Michael Gene Barnes bought 4,400 shares of Tiptree Financial stock. The shares were acquired at an average cost of $6.41 per share, with a total value of $28,204.00. On Tuesday, November 15th, Michael Gene Barnes bought 4,700 shares of Tiptree Financial stock. The shares were acquired at an average cost of $6.39 per share, with a total value of $30,033.00. On Friday, November 11th, Michael Gene Barnes bought 5,000 shares of Tiptree Financial stock. The shares were acquired at an average cost of $6.17 per share, with a total value of $30,850.00. On Wednesday, November 9th, Michael Gene Barnes bought 5,000 shares of Tiptree Financial stock. The shares were acquired at an average cost of $5.98 per share, with a total value of $29,900.00. On Monday, November 7th, Michael Gene Barnes bought 5,000 shares of Tiptree Financial stock. The shares were acquired at an average cost of $6.00 per share, with a total value of $30,000.00. On Thursday, November 3rd, Michael Gene Barnes bought 5,000 shares of Tiptree Financial stock. The shares were acquired at an average cost of $5.95 per share, with a total value of $29,750.00. On Tuesday, November 1st, Michael Gene Barnes bought 5,000 shares of Tiptree Financial stock. The shares were acquired at an average cost of $5.80 per share, with a total value of $29,000.00. On Friday, October 28th, Michael Gene Barnes acquired 5,000 shares of Tiptree Financial stock. The stock was purchased at an average cost of $5.80 per share, with a total value of $29,000.00.

Tiptree Financial Inc. (NASDAQ:TIPT) traded up 0.77% on Monday, hitting $6.55. The stock had a trading volume of 8,603 shares. The company has a 50-day moving average price of $6.01 and a 200-day moving average price of $5.60. The stock has a market capitalization of $185.74 million, a price-to-earnings ratio of 16.25 and a beta of -0.28. Tiptree Financial Inc. has a 1-year low of $4.74 and a 1-year high of $7.05.

The business also recently announced a quarterly dividend, which will be paid on Monday, November 28th. Shareholders of record on Monday, November 21st will be paid a $0.025 dividend. The ex-dividend date is Thursday, November 17th. This represents a $0.10 annualized dividend and a yield of 1.54%.

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