Insider Buying: 1347 Property Insurance Holdings Director Buys 6,200 Shares of Stock (PIH)
1347 Property Insurance Holdings (NYSE:PIH) Director Leo Christopher Saenger III bought 6,200 shares of the stock in a transaction that occurred on Tuesday, June 10th. The stock was purchased at an average price of $8.00 per share, for a total transaction of $49,600.00. Following the acquisition, the director now directly owns 18,700 shares of the company’s stock, valued at approximately $149,600. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of 1347 Property Insurance Holdings (NYSE:PIH) traded up 0.23% during mid-day trading on Friday, hitting $8.55. The stock had a trading volume of 16,957 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 $29.8 million and a price-to-earnings ratio of 6.05.
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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