Tiptree Financial Inc. (NASDAQ:TIPT) CFO Sandra Bell sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $6.19, for a total value of $18,570.00. Following the completion of the sale, the chief financial officer now owns 56,208 shares in the company, valued at approximately $347,927.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Sandra Bell also recently made the following trade(s):

  • On Friday, September 1st, Sandra Bell sold 3,000 shares of Tiptree Financial stock. The stock was sold at an average price of $6.34, for a total value of $19,020.00.
  • On Tuesday, August 1st, Sandra Bell sold 3,000 shares of Tiptree Financial stock. The shares were sold at an average price of $6.85, for a total value of $20,550.00.

Tiptree Financial Inc. (NASDAQ:TIPT) traded down 1.50% during mid-day trading on Friday, hitting $6.55. The stock had a trading volume of 9,866 shares. The company’s 50 day moving average is $6.26 and its 200-day moving average is $6.66. The stock has a market capitalization of $190.19 million, a P/E ratio of 19.10 and a beta of -0.43. Tiptree Financial Inc. has a 52 week low of $5.53 and a 52 week high of $7.60.

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Several institutional investors and hedge funds have recently bought and sold shares of TIPT. Tricadia Capital Management LLC boosted its holdings in shares of Tiptree Financial by 32.5% in the 2nd quarter. Tricadia Capital Management LLC now owns 6,004,948 shares of the financial services provider’s stock worth $42,335,000 after purchasing an additional 1,472,400 shares in the last quarter. CWA Asset Management Group LLC purchased a new position in shares of Tiptree Financial in the 2nd quarter worth about $466,000. LSV Asset Management purchased a new position in shares of Tiptree Financial in the 2nd quarter worth about $322,000. ZPR Investment Management purchased a new position in shares of Tiptree Financial in the 2nd quarter worth about $162,000. Finally, State Street Corp boosted its holdings in shares of Tiptree Financial by 5.7% in the 2nd quarter. State Street Corp now owns 397,363 shares of the financial services provider’s stock worth $2,801,000 after purchasing an additional 21,556 shares in the last quarter. Hedge funds and other institutional investors own 45.08% of the company’s stock.

TIPT has been the topic of a number of research analyst reports. BidaskClub cut Tiptree Financial from a “buy” rating to a “hold” rating in a research note on Thursday, July 20th. TheStreet cut Tiptree Financial from a “c” rating to a “d+” rating in a research note on Friday, August 18th.

Tiptree Financial 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 four segments: specialty insurance, asset management, senior living and specialty finance.

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

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