Tiptree Financial Inc. (NASDAQ:TIPT) insider Michael Gene Barnes purchased 5,000 shares of the company’s stock in a transaction dated Monday, September 19th. The stock was purchased at an average price of $5.84 per share, with a total value of $29,200.00. Following the completion of the purchase, the insider now directly owns 3,679,307 shares in the company, valued at approximately $21,487,152.88. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Michael Gene Barnes also recently made the following trade(s):

  • On Thursday, September 15th, Michael Gene Barnes purchased 5,000 shares of Tiptree Financial stock. The stock was purchased at an average price of $5.67 per share, with a total value of $28,350.00.
  • On Tuesday, September 13th, Michael Gene Barnes purchased 5,000 shares of Tiptree Financial stock. The stock was purchased at an average price of $5.64 per share, with a total value of $28,200.00.
  • On Friday, September 9th, Michael Gene Barnes purchased 5,000 shares of Tiptree Financial stock. The stock was purchased at an average price of $5.72 per share, with a total value of $28,600.00.
  • On Wednesday, September 7th, Michael Gene Barnes purchased 5,000 shares of Tiptree Financial stock. The stock was purchased at an average price of $5.67 per share, with a total value of $28,350.00.
  • On Friday, September 2nd, Michael Gene Barnes acquired 4,900 shares of Tiptree Financial stock. The stock was bought at an average price of $5.53 per share, with a total value of $27,097.00.
  • On Wednesday, August 31st, Michael Gene Barnes acquired 3,523 shares of Tiptree Financial stock. The stock was bought at an average price of $5.43 per share, with a total value of $19,129.89.
  • On Monday, August 29th, Michael Gene Barnes acquired 5,000 shares of Tiptree Financial stock. The stock was bought at an average price of $5.35 per share, with a total value of $26,750.00.
  • On Thursday, August 25th, Michael Gene Barnes acquired 5,000 shares of Tiptree Financial stock. The stock was bought at an average price of $5.43 per share, with a total value of $27,150.00.
  • On Tuesday, August 23rd, Michael Gene Barnes acquired 5,000 shares of Tiptree Financial stock. The stock was bought at an average price of $5.38 per share, with a total value of $26,900.00.
  • On Friday, August 19th, Michael Gene Barnes acquired 5,000 shares of Tiptree Financial stock. The stock was bought at an average price of $5.44 per share, with a total value of $27,200.00.

Shares of Tiptree Financial Inc. (NASDAQ:TIPT) opened at 5.87 on Wednesday. Tiptree Financial Inc. has a one year low of $4.74 and a one year high of $7.50. The firm’s 50-day moving average price is $5.40 and its 200-day moving average price is $5.50. The firm has a market capitalization of $171.86 million, a P/E ratio of 65.22 and a beta of -0.46.

The company also recently declared a quarterly dividend, which was paid on Monday, August 29th. Stockholders of record on Monday, August 22nd were given a dividend of $0.025 per share. The ex-dividend date was Thursday, August 18th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 1.70%.

About Tiptree Financial

Tiptree Financial Inc is a diversified holding company that acquires and manages controlling interests of operating businesses. The Company conducts its operations through Tiptree Operating Company, LLC (the Operating Company). It has five segments: insurance and insurance services, specialty finance, real estate, asset management, and corporate and other.

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