Insider Buying: Conifer Holdings Inc (CNFR) EVP Acquires 16,000 Shares of Stock

Conifer Holdings Inc (NASDAQ:CNFR) EVP Nicholas J. Petcoff bought 16,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 10th. The stock was purchased at an average cost of $6.25 per share, with a total value of $100,000.00. Following the completion of the transaction, the executive vice president now owns 114,759 shares in the company, valued at $717,243.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Conifer Holdings Inc (CNFR) opened at $6.05 on Friday. The stock has a market capitalization of $49.41, a PE ratio of -1.77 and a beta of 1.01. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.54 and a quick ratio of 0.54. Conifer Holdings Inc has a 1 year low of $5.30 and a 1 year high of $8.20.

A number of analysts recently issued reports on CNFR shares. Boenning Scattergood reissued a “hold” rating on shares of Conifer in a research report on Wednesday, October 4th. Zacks Investment Research cut Conifer from a “hold” rating to a “sell” rating in a research report on Tuesday.

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About Conifer

Conifer Holdings, Inc is an insurance holding company. Through its insurance company subsidiaries, the Company offers insurance coverage in both specialty commercial and specialty personal product lines. It operates through two segments: commercial lines and personal lines. It is engaged in underwriting and marketing insurance coverage, and administering claims processing for such policies.

Insider Buying and Selling by Quarter for Conifer (NASDAQ:CNFR)

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