Insider Buying: ICC Holdings, Inc. (NASDAQ:ICCH) CEO Buys $110,942.50 in Stock

ICC Holdings, Inc. (NASDAQ:ICCH) CEO Arron K. Sutherland purchased 4,975 shares of ICC stock in a transaction dated Thursday, June 13th. The shares were purchased at an average cost of $22.30 per share, for a total transaction of $110,942.50. Following the transaction, the chief executive officer now owns 4,969 shares in the company, valued at approximately $110,808.70. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

ICC Stock Down 0.4 %

ICCH stock opened at $22.16 on Friday. The firm has a market cap of $69.65 million, a PE ratio of 12.88 and a beta of 0.25. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.08 and a current ratio of 1.08. The firm’s 50 day moving average price is $16.52 and its 200-day moving average price is $15.78. ICC Holdings, Inc. has a one year low of $14.78 and a one year high of $22.35.

ICC (NASDAQ:ICCH) last released its quarterly earnings results on Tuesday, May 7th. The company reported $0.75 EPS for the quarter. The firm had revenue of $23.08 million for the quarter. ICC had a net margin of 5.91% and a return on equity of 7.91%.

Institutional Trading of ICC

A hedge fund recently bought a new stake in ICC stock. Northwest Bank & Trust Co bought a new stake in ICC Holdings, Inc. (NASDAQ:ICCH) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,650 shares of the company’s stock, valued at approximately $41,000. Northwest Bank & Trust Co owned 0.08% of ICC as of its most recent SEC filing. 46.50% of the stock is owned by hedge funds and other institutional investors.

About ICC

ICC Holdings, Inc, together with its subsidiaries, provides property and casualty insurance products to the food and beverage industry in the United States. It offers commercial multi-peril, liquor liability, workers' compensation, and umbrella liability insurance products. The company markets its products through independent agents in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Ohio, Pennsylvania, Utah, and Wisconsin.