Conifer Holdings, Inc. (NASDAQ:CNFR) Director James Grant Smith Acquires 16,000 Shares

Conifer Holdings, Inc. (NASDAQ:CNFR) Director James Grant Smith purchased 16,000 shares of the stock in a transaction dated Wednesday, April 9th. The shares were purchased at an average price of $0.68 per share, for a total transaction of $10,880.00. Following the completion of the transaction, the director now owns 16,000 shares in the company, valued at $10,880. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Conifer Trading Up 6.7 %

Shares of Conifer stock opened at $0.68 on Friday. The business has a fifty day simple moving average of $0.82 and a 200-day simple moving average of $1.01. The firm has a market cap of $8.35 million, a price-to-earnings ratio of 0.28 and a beta of 0.69. Conifer Holdings, Inc. has a fifty-two week low of $0.42 and a fifty-two week high of $1.91. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.34.

Conifer (NASDAQ:CNFR) last posted its quarterly earnings data on Friday, March 28th. The insurance provider reported ($2.11) earnings per share for the quarter. The business had revenue of $14.73 million for the quarter. Conifer had a net margin of 34.76% and a negative return on equity of 335.82%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Conifer stock. Citadel Advisors LLC acquired a new position in shares of Conifer Holdings, Inc. (NASDAQ:CNFR) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 22,412 shares of the insurance provider’s stock, valued at approximately $26,000. Citadel Advisors LLC owned approximately 0.18% of Conifer as of its most recent SEC filing. Hedge funds and other institutional investors own 34.88% of the company’s stock.

Conifer Company Profile

Conifer Holdings, Inc, an insurance holding company, engages in the sale of property and casualty insurance products. The company offers insurance coverage in specialty commercial and personal product lines. It also underwrites various specialty insurance products, including property, general liability, liquor liability, automobile, and homeowners and dwelling policies.