Global Indemnity PLC (NASDAQ:GBLI) CEO Cynthia Y. Valko sold 15,000 shares of the stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $41.10, for a total transaction of $616,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Global Indemnity PLC (NASDAQ GBLI) opened at $41.94 on Friday. The company has a market cap of $737.89, a P/E ratio of 22.92 and a beta of 0.87. Global Indemnity PLC has a 1 year low of $34.00 and a 1 year high of $44.08.

ILLEGAL ACTIVITY NOTICE: “Global Indemnity PLC (GBLI) CEO Sells $616,500.00 in Stock” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this article on another site, it was illegally stolen and reposted in violation of US & international copyright laws. The legal version of this article can be viewed at https://www.thecerbatgem.com/2017/11/19/global-indemnity-plc-gbli-ceo-sells-616500-00-in-stock.html.

Separately, BidaskClub lowered shares of Global Indemnity PLC from a “hold” rating to a “sell” rating in a research report on Friday, July 28th.

Several institutional investors have recently made changes to their positions in the stock. Schwab Charles Investment Management Inc. raised its position in shares of Global Indemnity PLC by 0.5% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 28,969 shares of the insurance provider’s stock valued at $1,124,000 after purchasing an additional 152 shares during the last quarter. Parametric Portfolio Associates LLC raised its position in shares of Global Indemnity PLC by 1.4% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 11,678 shares of the insurance provider’s stock valued at $453,000 after purchasing an additional 158 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Global Indemnity PLC by 0.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 44,237 shares of the insurance provider’s stock valued at $1,716,000 after purchasing an additional 323 shares during the last quarter. Nationwide Fund Advisors raised its position in shares of Global Indemnity PLC by 5.0% in the 2nd quarter. Nationwide Fund Advisors now owns 7,427 shares of the insurance provider’s stock valued at $288,000 after purchasing an additional 351 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of Global Indemnity PLC by 0.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 109,018 shares of the insurance provider’s stock valued at $4,226,000 after purchasing an additional 800 shares during the last quarter. 45.11% of the stock is owned by hedge funds and other institutional investors.

Global Indemnity PLC Company Profile

Global Indemnity Limited is a holding company. The Company, through its subsidiary insurance and reinsurance companies, provides both admitted and non-admitted specialty property and casualty insurance coverages and individual policyholder coverages in the United States, as well as reinsurance across the world.

Receive News & Stock Ratings for Global Indemnity PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Indemnity PLC and related stocks with our FREE daily email newsletter.