Insider Selling: Security National Financial Corp (SNFCA) Director Sells 3,950 Shares of Stock

Security National Financial Corp (NASDAQ:SNFCA) Director Norman G. Wilbur sold 3,950 shares of the business’s stock in a transaction dated Friday, September 14th. The stock was sold at an average price of $5.30, for a total value of $20,935.00. Following the transaction, the director now directly owns 4,246 shares of the company’s stock, valued at approximately $22,503.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

SNFCA traded down $0.05 on Friday, hitting $5.35. 3,507 shares of the stock traded hands, compared to its average volume of 9,018. Security National Financial Corp has a 52 week low of $4.25 and a 52 week high of $5.80. The firm has a market capitalization of $89.95 million, a price-to-earnings ratio of 2.94 and a beta of -0.41.

Security National Financial (NASDAQ:SNFCA) last issued its quarterly earnings results on Tuesday, August 14th. The credit services provider reported $0.20 earnings per share (EPS) for the quarter. Security National Financial had a return on equity of 19.21% and a net margin of 10.54%. The firm had revenue of $68.87 million for the quarter.

Institutional investors and hedge funds have recently modified their holdings of the stock. M3F Inc. increased its stake in Security National Financial by 133.2% during the second quarter. M3F Inc. now owns 265,937 shares of the credit services provider’s stock valued at $1,383,000 after acquiring an additional 151,894 shares during the period. Dimensional Fund Advisors LP increased its stake in Security National Financial by 12.4% during the first quarter. Dimensional Fund Advisors LP now owns 166,906 shares of the credit services provider’s stock valued at $860,000 after acquiring an additional 18,369 shares during the period. Finally, JBF Capital Inc. bought a new position in Security National Financial during the first quarter valued at about $531,000. Hedge funds and other institutional investors own 9.94% of the company’s stock.

Several equities analysts recently weighed in on SNFCA shares. TheStreet cut Security National Financial from a “b-” rating to a “c” rating in a research report on Tuesday, September 4th. ValuEngine cut Security National Financial from a “hold” rating to a “sell” rating in a research report on Saturday, June 2nd.

About Security National Financial

Security National Financial Corporation engages in life insurance, cemetery and mortuary, and mortgage businesses. The company's Life Insurance segment is involved in selling and servicing lines of life insurance, annuity products, and accident and health insurance. It offers various life insurance products, including funeral plans and interest-sensitive life insurance, as well as other traditional life, accident, and health insurance products; annuity products comprising single and flexible premium deferred annuities, and immediate annuities; and diver's accident policies.

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