National Security Group Inc (NASDAQ:NSEC) major shareholder Andrew J. Abernathey purchased 2,487 shares of the stock in a transaction on Thursday, October 11th. The stock was bought at an average cost of $14.50 per share, for a total transaction of $36,061.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
National Security Group stock traded down $0.08 during trading hours on Friday, hitting $14.50. The company had a trading volume of 1,100 shares, compared to its average volume of 3,219. The stock has a market cap of $36.79 million, a P/E ratio of 20.22 and a beta of 0.36. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.31. National Security Group Inc has a one year low of $12.50 and a one year high of $18.17.
National Security Group (NASDAQ:NSEC) last released its quarterly earnings results on Monday, August 13th. The insurance provider reported $0.18 earnings per share for the quarter. The firm had revenue of $16.20 million for the quarter. National Security Group had a net margin of 1.60% and a return on equity of 3.92%.
An institutional investor recently bought a new position in National Security Group stock. RFG Advisory Group LLC purchased a new stake in National Security Group Inc (NASDAQ:NSEC) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 26,881 shares of the insurance provider’s stock, valued at approximately $445,000. RFG Advisory Group LLC owned 1.07% of National Security Group as of its most recent SEC filing. 3.58% of the stock is owned by hedge funds and other institutional investors.
National Security Group Company Profile
The National Security Group, Inc, an insurance holding company, provides insurance products and services in the United States. The company operates through two segments, Property and Casualty Insurance, and Life Insurance. Its Property and Casualty Insurance segment primarily underwrites home insurance coverage with primary lines of business consisting of dwelling fire and extended coverage, mobile homeowners, and other liability insurance services in Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, Oklahoma, South Carolina, Tennessee, and West Virginia, as well as operates on a surplus lines basis in the state of Louisiana.
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