Tiptree Financial Inc. (NASDAQ:TIPT) CFO Sandra Bell sold 2,620 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $6.59, for a total value of $17,265.80. Following the transaction, the chief financial officer now directly owns 50,157 shares in the company, valued at $330,534.63. 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 Wednesday, November 1st, Sandra Bell sold 3,000 shares of Tiptree Financial stock. The stock was sold at an average price of $6.60, for a total value of $19,800.00.
  • On Monday, October 2nd, Sandra Bell sold 3,000 shares of Tiptree Financial stock. The stock was sold at an average price of $6.19, for a total value of $18,570.00.

Tiptree Financial Inc. (TIPT) remained flat at $$6.30 during trading on Thursday. The company had a trading volume of 16,900 shares, compared to its average volume of 25,147. The stock has a market capitalization of $242.27, a price-to-earnings ratio of 320.00 and a beta of -0.41. Tiptree Financial Inc. has a 12 month low of $5.70 and a 12 month high of $7.60.

The business also recently declared a quarterly dividend, which was paid on Monday, November 27th. Investors of record on Monday, November 20th were given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 1.90%. The ex-dividend date of this dividend was Friday, November 17th. Tiptree Financial’s dividend payout ratio (DPR) is presently 600.00%.

Institutional investors have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN lifted its position in Tiptree Financial by 67.6% during the 3rd quarter. Wells Fargo & Company MN now owns 25,044 shares of the financial services provider’s stock worth $156,000 after acquiring an additional 10,100 shares in the last quarter. ZPR Investment Management acquired a new position in Tiptree Financial during the 2nd quarter worth approximately $162,000. Rhumbline Advisers increased its holdings in Tiptree Financial by 3.3% during the 2nd quarter. Rhumbline Advisers now owns 26,216 shares of the financial services provider’s stock worth $185,000 after purchasing an additional 845 shares during the last quarter. LSV Asset Management purchased a new stake in Tiptree Financial during the 2nd quarter worth approximately $322,000. Finally, CWA Asset Management Group LLC purchased a new stake in Tiptree Financial during the 2nd quarter worth approximately $466,000. 51.59% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts recently commented on the company. BidaskClub lowered Tiptree Financial from a “hold” rating to a “sell” rating in a research report on Wednesday, August 16th. TheStreet lowered Tiptree Financial from a “c” rating to a “d+” rating in a research report on Friday, August 18th.

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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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