Tiptree Financial Inc. (NASDAQ:TIPT) insider Michael Gene Barnes purchased 2,170 shares of the firm’s stock in a transaction that occurred on Tuesday, November 29th. The shares were bought at an average cost of $6.48 per share, with a total value of $14,061.60. Following the completion of the acquisition, the insider now owns 3,791,783 shares of the company’s stock, valued at $24,570,753.84. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

  • On Friday, November 25th, Michael Gene Barnes purchased 2,102 shares of Tiptree Financial stock. The shares were bought at an average cost of $6.47 per share, with a total value of $13,599.94.
  • On Tuesday, November 22nd, Michael Gene Barnes purchased 2,500 shares of Tiptree Financial stock. The shares were bought at an average cost of $6.44 per share, with a total value of $16,100.00.
  • On Monday, November 21st, Michael Gene Barnes purchased 3,900 shares of Tiptree Financial stock. The shares were bought at an average cost of $6.44 per share, with a total value of $25,116.00.
  • On Thursday, November 17th, Michael Gene Barnes purchased 4,400 shares of Tiptree Financial stock. The shares were bought at an average cost of $6.41 per share, with a total value of $28,204.00.
  • On Tuesday, November 15th, Michael Gene Barnes purchased 4,700 shares of Tiptree Financial stock. The shares were bought at an average cost of $6.39 per share, with a total value of $30,033.00.
  • On Friday, November 11th, Michael Gene Barnes bought 5,000 shares of Tiptree Financial stock. The stock was acquired at an average cost of $6.17 per share, with a total value of $30,850.00.
  • On Wednesday, November 9th, Michael Gene Barnes bought 5,000 shares of Tiptree Financial stock. The stock was acquired at an average cost of $5.98 per share, with a total value of $29,900.00.
  • On Monday, November 7th, Michael Gene Barnes bought 5,000 shares of Tiptree Financial stock. The stock was acquired at an average cost of $6.00 per share, with a total value of $30,000.00.
  • On Thursday, November 3rd, Michael Gene Barnes bought 5,000 shares of Tiptree Financial stock. The stock was acquired at an average cost of $5.95 per share, with a total value of $29,750.00.
  • On Tuesday, November 1st, Michael Gene Barnes bought 5,000 shares of Tiptree Financial stock. The stock was acquired at an average cost of $5.80 per share, with a total value of $29,000.00.

Tiptree Financial Inc. (NASDAQ:TIPT) remained flat at $6.45 during midday trading on Wednesday. 12,116 shares of the company’s stock were exchanged. The firm has a market capitalization of $182.91 million, a P/E ratio of 16.00 and a beta of -0.28. The company has a 50-day moving average of $6.03 and a 200-day moving average of $5.62. Tiptree Financial Inc. has a 12-month low of $4.74 and a 12-month high of $7.02.

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

The company also recently declared a quarterly dividend, which was paid on Monday, November 28th. Stockholders of record on Monday, November 21st were issued a $0.025 dividend. The ex-dividend date of this dividend was Thursday, November 17th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 1.55%.

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Tiptree Financial Company Profile

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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