Tiptree Financial Inc. (NASDAQ:TIPT) insider Michael Gene Barnes purchased 5,000 shares of the firm’s stock in a transaction on Monday, November 7th. The stock was bought at an average cost of $6.00 per share, with a total value of $30,000.00. Following the completion of the purchase, the insider now owns 3,759,825 shares of the company’s stock, valued at approximately $22,558,950. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Michael Gene Barnes also recently made the following trade(s):

  • On Thursday, November 3rd, Michael Gene Barnes purchased 5,000 shares of Tiptree Financial stock. The stock was bought at an average cost of $5.95 per share, with a total value of $29,750.00.
  • On Tuesday, November 1st, Michael Gene Barnes purchased 5,000 shares of Tiptree Financial stock. The stock was bought at an average cost of $5.80 per share, with a total value of $29,000.00.
  • On Friday, October 28th, Michael Gene Barnes purchased 5,000 shares of Tiptree Financial stock. The stock was bought at an average cost of $5.80 per share, with a total value of $29,000.00.
  • On Wednesday, October 26th, Michael Gene Barnes purchased 5,000 shares of Tiptree Financial stock. The stock was bought at an average cost of $5.94 per share, with a total value of $29,700.00.
  • On Monday, October 24th, Michael Gene Barnes purchased 5,000 shares of Tiptree Financial stock. The stock was bought at an average cost of $5.81 per share, with a total value of $29,050.00.
  • On Thursday, October 20th, Michael Gene Barnes purchased 4,600 shares of Tiptree Financial stock. The stock was bought at an average cost of $5.97 per share, with a total value of $27,462.00.
  • On Monday, October 17th, Michael Gene Barnes purchased 2,500 shares of Tiptree Financial stock. The stock was bought at an average cost of $5.90 per share, with a total value of $14,750.00.
  • On Tuesday, October 18th, Michael Gene Barnes purchased 4,425 shares of Tiptree Financial stock. The stock was bought at an average cost of $5.90 per share, with a total value of $26,107.50.
  • On Friday, October 14th, Michael Gene Barnes purchased 5,000 shares of Tiptree Financial stock. The stock was bought at an average cost of $5.84 per share, with a total value of $29,200.00.
  • On Wednesday, October 12th, Michael Gene Barnes purchased 5,000 shares of Tiptree Financial stock. The stock was bought at an average cost of $5.86 per share, with a total value of $29,300.00.

Shares of Tiptree Financial Inc. (NASDAQ:TIPT) opened at 6.00 on Thursday. Tiptree Financial Inc. has a 52-week low of $4.74 and a 52-week high of $7.05. The stock’s 50 day moving average is $5.85 and its 200 day moving average is $5.53. The company has a market capitalization of $175.67 million, a P/E ratio of 66.67 and a beta of -0.28.

Insider Buying and Selling by Quarter for Tiptree Financial (NASDAQ:TIPT)

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 28th. Investors of record on Monday, November 21st will be issued a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 1.67%. The ex-dividend date is Thursday, November 17th.

About Tiptree Financial

Tiptree Financial Inc is a diversified holding company, which is engaged through its consolidated subsidiaries in a number of businesses and is an acquirer of businesses. The Company acquires and manages controlling interests of operating businesses. The Company has five segments: insurance and insurance services, specialty finance, real estate, asset management, and corporate and other.

5 Day Chart for NASDAQ:TIPT

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