Insider Buying: 1347 Property Insurance Holdings Director Purchases 6,200 Shares of Stock (PIH)
1347 Property Insurance Holdings (NYSE:PIH) Director Leo Christopher Saenger III acquired 6,200 shares of 1347 Property Insurance Holdings stock on the open market in a transaction dated Tuesday, June 10th. The shares were purchased at an average price of $8.00 per share, for a total transaction of $49,600.00. Following the completion of the purchase, the director now directly owns 18,700 shares in the company, valued at approximately $149,600. The transaction was disclosed in a filing with the SEC, which is available at this link.
1347 Property Insurance Holdings (NYSE:PIH) traded down 1.39% on Thursday, hitting $8.53. The stock had a trading volume of 56,489 shares. 1347 Property Insurance Holdings has a 52 week low of $7.57 and a 52 week high of $10.19. The stock has a 50-day moving average of $8.89 and a 200-day moving average of $8.89. The company has a market cap of $29.7 million and a P/E ratio of 6.13.
1347 Property Insurance Holdings, Inc is a property and casualty insurance holding company. The Company’s insurance offerings include homeowners’ insurance, manufactured home insurance and dwelling fire insurance.
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