Conifer Holdings Inc (NASDAQ:CNFR) President Brian J. Roney bought 63,333 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The stock was purchased at an average price of $4.50 per share, with a total value of $284,998.50. Following the transaction, the president now directly owns 395,252 shares in the company, valued at $1,778,634. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.
NASDAQ:CNFR opened at $3.99 on Monday. The business has a 50 day moving average of $3.68 and a 200 day moving average of $3.83. The company has a market capitalization of $34.99 million, a price-to-earnings ratio of -9.07 and a beta of 1.42. Conifer Holdings Inc has a 1-year low of $3.06 and a 1-year high of $5.98. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.50 and a quick ratio of 0.50.
CNFR has been the subject of a number of recent research reports. Zacks Investment Research upgraded Conifer from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 16th. ValuEngine upgraded Conifer from a “hold” rating to a “buy” rating in a research report on Friday, November 1st.
Conifer Holdings, Inc, an insurance holding company, offers insurance coverage in specialty commercial and personal product lines. The company underwrites various specialty insurance products, including property, general liability, commercial multi-peril, liquor liability, and automobile policies. It serves the commercial insurance needs of owner-operated businesses in the markets, such as hospitality, which includes restaurants, bars, taverns, and bowling centers, as well as small grocery and convenience stores; artisan contractors comprising plumbers, painters, carpenters, electricians, and other independent contractors; and security service providers, such as companies that provide security guard services, security alarm products and services, and private investigative services.
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