Insider Selling: John D. Weil Sells 3,300 Shares of Baldwin & Lyons Stock (BWINB)
Baldwin & Lyons (NASDAQ:BWINB) Director John D. Weil sold 3,300 shares of the stock in a transaction that occurred on Monday, June 23rd. The stock was sold at an average price of $26.15, for a total value of $86,295.00. Following the completion of the transaction, the director now directly owns 3,213 shares of the company’s stock, valued at approximately $84,020. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Baldwin & Lyons (NASDAQ:BWINB) traded up 0.27% during mid-day trading on Tuesday, hitting $25.99. 7,440 shares of the company’s stock traded hands. Baldwin & Lyons has a 52-week low of $23.23 and a 52-week high of $28.38. The stock has a 50-day moving average of $25.79 and a 200-day moving average of $25.84. The company has a market cap of $389.3 million and a P/E ratio of 13.86.
Baldwin & Lyons (NASDAQ:BWINB) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.25 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.35 by $0.10. On average, analysts predict that Baldwin & Lyons will post $1.60 earnings per share for the current fiscal year.
Baldwin & Lyons, Inc, through its divisions and subsidiaries, is engaged in marketing and underwriting property and casualty insurance and the assumption of property and casualty reinsurance.
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