Tiptree Financial Inc. (NASDAQ:TIPT) insider Michael Gene Barnes purchased 3,900 shares of Tiptree Financial stock in a transaction on Monday, November 21st. The shares were acquired at an average price of $6.44 per share, for a total transaction of $25,116.00. Following the completion of the transaction, the insider now directly owns 3,782,791 shares of the company’s stock, valued at $24,361,174.04. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • On Tuesday, November 22nd, Michael Gene Barnes purchased 2,500 shares of Tiptree Financial stock. The shares were acquired at an average price of $6.44 per share, for a total transaction of $16,100.00.
  • On Thursday, November 17th, Michael Gene Barnes purchased 4,400 shares of Tiptree Financial stock. The shares were acquired at an average price of $6.41 per share, for a total transaction of $28,204.00.
  • On Tuesday, November 15th, Michael Gene Barnes purchased 4,700 shares of Tiptree Financial stock. The shares were acquired at an average price of $6.39 per share, for a total transaction of $30,033.00.
  • On Friday, November 11th, Michael Gene Barnes purchased 5,000 shares of Tiptree Financial stock. The shares were acquired at an average price of $6.17 per share, for a total transaction of $30,850.00.
  • On Wednesday, November 9th, Michael Gene Barnes acquired 5,000 shares of Tiptree Financial stock. The shares were bought at an average cost of $5.98 per share, with a total value of $29,900.00.
  • On Monday, November 7th, Michael Gene Barnes acquired 5,000 shares of Tiptree Financial stock. The shares were bought at an average cost of $6.00 per share, with a total value of $30,000.00.
  • On Thursday, November 3rd, Michael Gene Barnes acquired 5,000 shares of Tiptree Financial stock. The shares were 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 acquired 5,000 shares of Tiptree Financial stock. The shares were 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 acquired 5,000 shares of Tiptree Financial stock. The shares were 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 acquired 5,000 shares of Tiptree Financial stock. The shares were bought at an average cost of $5.94 per share, with a total value of $29,700.00.

Shares of Tiptree Financial Inc. (NASDAQ:TIPT) opened at 6.55 on Thursday. Tiptree Financial Inc. has a 1-year low of $4.74 and a 1-year high of $7.05. The stock has a market cap of $185.74 million, a price-to-earnings ratio of 16.25 and a beta of -0.28. The stock’s 50 day moving average price is $5.99 and its 200-day moving average price is $5.59.

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

The company also recently announced a quarterly dividend, which will be paid on Monday, November 28th. Investors of record on Monday, November 21st will be given a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 1.53%. The ex-dividend date is Thursday, November 17th.

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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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