Tiptree Financial Inc. (NASDAQ:TIPT) insider Michael Gene Barnes bought 4,400 shares of the firm’s stock in a transaction dated Thursday, November 17th. The stock was purchased at an average cost of $6.41 per share, with a total value of $28,204.00. Following the transaction, the insider now directly owns 3,778,491 shares in the company, valued at approximately $24,220,127.31. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Tuesday, November 15th, Michael Gene Barnes bought 4,700 shares of Tiptree Financial stock. The stock was purchased at an average cost of $6.39 per share, with a total value of $30,033.00.
  • On Friday, November 11th, Michael Gene Barnes purchased 5,000 shares of Tiptree Financial stock. The stock was bought at an average price of $6.17 per share, for a total transaction of $30,850.00.
  • On Wednesday, November 9th, Michael Gene Barnes purchased 5,000 shares of Tiptree Financial stock. The stock was bought at an average price of $5.98 per share, for a total transaction of $29,900.00.
  • On Monday, November 7th, Michael Gene Barnes purchased 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 purchased 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 purchased 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 purchased 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 purchased 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 purchased 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 purchased 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.

Tiptree Financial Inc. (NASDAQ:TIPT) remained flat at $6.45 during mid-day trading on Monday. The company had a trading volume of 20,970 shares. The company 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.

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

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 28th. Shareholders of record on Monday, November 21st will be issued a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 1.55%. 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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