1347 Property Insurance Holdings Inc. (NASDAQ:PIH) major shareholder Global Investors Fundamental purchased 2,900 shares of the stock in a transaction that occurred on Tuesday, October 4th. The shares were purchased at an average cost of $6.66 per share, with a total value of $19,314.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Global Investors Fundamental also recently made the following trade(s):

  • On Wednesday, October 5th, Global Investors Fundamental purchased 12,000 shares of 1347 Property Insurance Holdings stock. The shares were purchased at an average cost of $7.08 per share, with a total value of $84,960.00.
  • On Monday, October 3rd, Global Investors Fundamental purchased 22,100 shares of 1347 Property Insurance Holdings stock. The shares were purchased at an average cost of $6.47 per share, with a total value of $142,987.00.
  • On Friday, September 30th, Global Investors Fundamental purchased 37,100 shares of 1347 Property Insurance Holdings stock. The shares were purchased at an average cost of $6.05 per share, with a total value of $224,455.00.

Shares of 1347 Property Insurance Holdings Inc. (NASDAQ:PIH) opened at 7.31 on Friday. The firm has a market capitalization of $44.05 million, a price-to-earnings ratio of 64.12 and a beta of 0.54. 1347 Property Insurance Holdings Inc. has a 12-month low of $5.32 and a 12-month high of $8.04. The company’s 50-day moving average is $6.24 and its 200-day moving average is $6.31.

1347 Property Insurance Holdings (NASDAQ:PIH) last posted its quarterly earnings results on Thursday, August 11th. The company reported $0.22 EPS for the quarter. 1347 Property Insurance Holdings had a net margin of 2.28% and a return on equity of 1.61%.

Separately, TheStreet raised shares of 1347 Property Insurance Holdings from a “sell” rating to a “hold” rating in a report on Friday, August 26th.

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.

5 Day Chart for NASDAQ:PIH

Receive News & Stock 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 stocks with our FREE daily email newsletter.