Tiptree Financial Inc. (NASDAQ:TIPT) insider Michael Gene Barnes acquired 5,000 shares of the firm’s stock in a transaction dated Wednesday, November 9th. The stock was bought at an average price of $5.98 per share, for a total transaction of $29,900.00. Following the completion of the acquisition, the insider now owns 3,763,941 shares in the company, valued at approximately $22,508,367.18. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

  • On Monday, November 7th, Michael Gene Barnes acquired 5,000 shares of Tiptree Financial stock. The stock was bought at an average price of $6.00 per share, for a total transaction of $30,000.00.
  • On Thursday, November 3rd, Michael Gene Barnes acquired 5,000 shares of Tiptree Financial stock. The stock was bought at an average price of $5.95 per share, for a total transaction of $29,750.00.
  • On Tuesday, November 1st, Michael Gene Barnes acquired 5,000 shares of Tiptree Financial stock. The stock was bought at an average price of $5.80 per share, for a total transaction of $29,000.00.
  • On Friday, October 28th, Michael Gene Barnes acquired 5,000 shares of Tiptree Financial stock. The stock was bought at an average price of $5.80 per share, for a total transaction of $29,000.00.
  • On Wednesday, October 26th, Michael Gene Barnes acquired 5,000 shares of Tiptree Financial stock. The stock was bought at an average price of $5.94 per share, for a total transaction of $29,700.00.
  • On Monday, October 24th, Michael Gene Barnes acquired 5,000 shares of Tiptree Financial stock. The stock was bought at an average price of $5.81 per share, for a total transaction of $29,050.00.
  • On Thursday, October 20th, Michael Gene Barnes acquired 4,600 shares of Tiptree Financial stock. The stock was bought at an average price of $5.97 per share, for a total transaction of $27,462.00.
  • On Monday, October 17th, Michael Gene Barnes acquired 2,500 shares of Tiptree Financial stock. The stock was bought at an average price of $5.90 per share, for a total transaction of $14,750.00.
  • On Tuesday, October 18th, Michael Gene Barnes acquired 4,425 shares of Tiptree Financial stock. The stock was bought at an average price of $5.90 per share, for a total transaction of $26,107.50.
  • On Friday, October 14th, Michael Gene Barnes acquired 5,000 shares of Tiptree Financial stock. The stock was bought at an average price of $5.84 per share, for a total transaction of $29,200.00.

Shares of Tiptree Financial Inc. (NASDAQ:TIPT) opened at 6.25 on Monday. Tiptree Financial Inc. has a 52 week low of $4.74 and a 52 week high of $7.05. The company’s 50-day moving average is $5.86 and its 200 day moving average is $5.54. The stock has a market capitalization of $177.24 million, a P/E ratio of 15.51 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. Shareholders of record on Monday, November 21st will be issued a dividend of $0.025 per share. The ex-dividend date is Thursday, November 17th. This represents a $0.10 annualized dividend and a yield of 1.60%.

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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