Tiptree Inc (NASDAQ:TIPT) CEO Jonathan Ilany bought 42,161 shares of Tiptree stock in a transaction that occurred on Wednesday, March 22nd. The stock was bought at an average price of $6.59 per share, with a total value of $277,840.99. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

Jonathan Ilany also recently made the following trade(s):

  • On Friday, March 31st, Jonathan Ilany bought 25,242 shares of Tiptree stock. The stock was purchased at an average price of $7.32 per share, with a total value of $184,771.44.
  • On Thursday, March 30th, Jonathan Ilany bought 19,459 shares of Tiptree stock. The stock was purchased at an average price of $7.05 per share, with a total value of $137,185.95.
  • On Monday, March 27th, Jonathan Ilany bought 13,249 shares of Tiptree stock. The stock was purchased at an average price of $6.95 per share, with a total value of $92,080.55.
  • On Tuesday, March 28th, Jonathan Ilany bought 26,449 shares of Tiptree stock. The stock was purchased at an average price of $7.04 per share, with a total value of $186,200.96.
  • On Friday, March 24th, Jonathan Ilany bought 10,414 shares of Tiptree stock. The stock was purchased at an average price of $6.69 per share, with a total value of $69,669.66.
  • On Monday, March 20th, Jonathan Ilany bought 5,844 shares of Tiptree stock. The stock was purchased at an average price of $6.68 per share, with a total value of $39,037.92.

Shares of Tiptree Inc (NASDAQ:TIPT) traded up 2.17% during mid-day trading on Thursday, hitting $7.05. 19,744 shares of the company were exchanged. The company’s 50-day moving average price is $6.82 and its 200-day moving average price is $6.44. The firm has a market capitalization of $200.74 million, a P/E ratio of 9.03 and a beta of -0.23. Tiptree Inc has a 12-month low of $4.74 and a 12-month high of $7.60.

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

The firm also recently announced a quarterly dividend, which was paid on Monday, April 3rd. Stockholders of record on Monday, March 27th were paid a $0.03 dividend. This is an increase from Tiptree’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Thursday, March 23rd. This represents a $0.12 annualized dividend and a dividend yield of 1.70%.

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Separately, TheStreet raised shares of Tiptree from a “d” rating to a “c” rating in a report on Friday, April 7th.

Tiptree Company Profile

Tiptree Inc, formerly Tiptree Financial Inc, is a diversified holding company that acquires and manages controlling interests of operating businesses. The Company conducts its operations through Tiptree Operating Company, LLC (the Operating Company). It operates through 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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