Conifer Holdings Inc (NASDAQ:CNFR) President Brian J. Roney purchased 63,333 shares of the stock in a transaction dated Wednesday, November 6th. The stock was bought at an average cost of $4.50 per share, with a total value of $284,998.50. Following the completion of the purchase, the president now owns 395,252 shares in the company, valued at $1,778,634. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.
NASDAQ CNFR opened at $3.99 on Friday. The business has a 50 day simple moving average of $3.68 and a 200 day simple moving average of $3.83. Conifer Holdings Inc has a 52-week low of $3.06 and a 52-week high of $5.98. The stock has a market cap of $34.99 million, a price-to-earnings ratio of -9.07 and a beta of 1.42. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.50 and a current ratio of 0.50.
Conifer (NASDAQ:CNFR) last announced its quarterly earnings results on Wednesday, August 7th. The insurance provider reported ($0.67) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by ($0.50). Conifer had a negative net margin of 12.40% and a negative return on equity of 34.09%. The business had revenue of $22.78 million for the quarter, compared to analyst estimates of $23.16 million. On average, analysts predict that Conifer Holdings Inc will post -1.33 EPS for the current year.
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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