Tiptree Financial Inc. (TIPT) CFO Sandra Bell Sells 2,500 Shares of Stock
Tiptree Financial Inc. (NASDAQ:TIPT) CFO Sandra Bell sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 16th. The stock was sold at an average price of $6.35, for a total value of $15,875.00. Following the completion of the sale, the chief financial officer now directly owns 54,487 shares in the company, valued at approximately $345,992.45. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Sandra Bell also recently made the following trade(s):
- On Tuesday, November 1st, Sandra Bell sold 1,000 shares of Tiptree Financial stock. The stock was sold at an average price of $5.75, for a total value of $5,750.00.
- On Monday, October 3rd, Sandra Bell sold 3,500 shares of Tiptree Financial stock. The stock was sold at an average price of $5.82, for a total value of $20,370.00.
- On Thursday, September 1st, Sandra Bell sold 3,500 shares of Tiptree Financial stock. The stock was sold at an average price of $5.40, for a total value of $18,900.00.
Shares of Tiptree Financial Inc. (NASDAQ:TIPT) remained flat at $6.45 during mid-day trading on Monday. The company had a trading volume of 23,970 shares. The firm has a market cap of $182.91 million, a price-to-earnings ratio of 16.00 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 company’s 50-day moving average is $5.93 and its 200 day moving average is $5.57.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 28th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.55%.
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.
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