Insider Selling: Reliance Global Group, Inc. (NASDAQ:RELI) CFO Sells 10,603 Shares of Stock

Reliance Global Group, Inc. (NASDAQ:RELI) CFO Joel Markovits sold 10,603 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $1.37, for a total value of $14,526.11. Following the completion of the sale, the chief financial officer now owns 197 shares in the company, valued at $269.89. The trade was a 98.18 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Reliance Global Group Stock Performance

NASDAQ:RELI opened at $1.74 on Wednesday. The stock’s 50 day moving average price is $2.05 and its two-hundred day moving average price is $2.27. Reliance Global Group, Inc. has a 12-month low of $1.18 and a 12-month high of $18.53.

Reliance Global Group Company Profile

Reliance Global Group, Inc focuses in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides agency services for insurance products in the healthcare and Medicare, personal and commercial, trucking, property and casualty, and insurance brokerage. The company was formerly known as Ethos Media Network, Inc and changed its name to Reliance Global Group, Inc in October 2018.