Kingsway Financial Services Inc. (NYSE:KFS) Director Joseph Stilwell Sells 25,000 Shares

Kingsway Financial Services Inc. (NYSE:KFS) (TSE:KFS) Director Joseph Stilwell sold 25,000 shares of the company’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $8.78, for a total transaction of $219,500.00. Following the transaction, the director now directly owns 636,159 shares of the company’s stock, valued at approximately $5,585,476.02. This represents a 3.78 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Kingsway Financial Services Stock Performance

NYSE KFS opened at $8.97 on Friday. Kingsway Financial Services Inc. has a 12 month low of $7.10 and a 12 month high of $9.58. The company has a 50-day moving average of $8.70 and a 200-day moving average of $8.32. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 1.20.

Institutional Trading of Kingsway Financial Services

Institutional investors and hedge funds have recently bought and sold shares of the business. BNP Paribas Financial Markets increased its position in Kingsway Financial Services by 36.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,526 shares of the insurance provider’s stock worth $54,000 after purchasing an additional 1,742 shares in the last quarter. Rhumbline Advisers boosted its holdings in Kingsway Financial Services by 25.8% in the 2nd quarter. Rhumbline Advisers now owns 12,352 shares of the insurance provider’s stock worth $102,000 after acquiring an additional 2,534 shares during the period. Barclays PLC boosted its holdings in Kingsway Financial Services by 325.5% in the 3rd quarter. Barclays PLC now owns 18,269 shares of the insurance provider’s stock worth $150,000 after acquiring an additional 13,975 shares during the period. DHK Financial Advisors Inc. purchased a new position in Kingsway Financial Services in the 2nd quarter worth approximately $303,000. Finally, Bank of New York Mellon Corp boosted its holdings in Kingsway Financial Services by 21.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 37,793 shares of the insurance provider’s stock worth $311,000 after acquiring an additional 6,778 shares during the period. Institutional investors and hedge funds own 72.38% of the company’s stock.

About Kingsway Financial Services

Kingsway Financial Services Inc, through its subsidiaries, engages in the extended warranty and business services in the United States. The company operates through two segments, Extended Warranty and Kingsway Search Xcelerator. The Extended Warranty segment markets, sells, and administers vehicle service agreements and related products for new and used automobiles, motorcycles, and ATVs.