Insider Selling: Leonard R. Goldberg Sells 7,885 Shares of Greenlight Capital Re Stock (GLRE)
Greenlight Capital Re (NASDAQ:GLRE) Director Leonard R. Goldberg sold 7,885 shares of Greenlight Capital Re stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $32.10, for a total value of $253,108.50. Following the sale, the director now directly owns 140,685 shares of the company’s stock, valued at approximately $4,515,989. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Separately, analysts at Zacks downgraded shares of Greenlight Capital Re from an “outperform” rating to a “neutral” rating in a research note on Tuesday, December 31st. They now have a $36.90 price target on the stock.
Greenlight Capital Re (NASDAQ:GLRE) last posted its quarterly earnings results on Tuesday, February 18th. The company reported $2.23 EPS for the quarter, missing the Thomson Reuters consensus estimate of $2.30 by $0.07.
Greenlight Capital Re, Ltd. (NASDAQ:GLRE), is a holding company.
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