Insider Selling: Security National Financial (NASDAQ:SNFCA) Director Sells 10,000 Shares of Stock

Security National Financial Corporation (NASDAQ:SNFCA) Director Gilbert Fuller sold 10,000 shares of the company’s stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $9.45, for a total value of $94,500.00. Following the completion of the sale, the director owned 31,973 shares in the company, valued at $302,144.85. This represents a 23.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Security National Financial Trading Down 0.9%

Shares of NASDAQ:SNFCA traded down $0.09 on Tuesday, hitting $9.51. The company had a trading volume of 71,135 shares, compared to its average volume of 35,864. Security National Financial Corporation has a 52-week low of $7.70 and a 52-week high of $10.48. The business has a 50 day moving average of $9.10 and a 200 day moving average of $8.76. The company has a market cap of $247.45 million, a PE ratio of 7.54 and a beta of 0.70.

Security National Financial (NASDAQ:SNFCA) last issued its quarterly earnings data on Monday, March 16th. The credit services provider reported $0.53 earnings per share (EPS) for the quarter. Security National Financial had a return on equity of 8.71% and a net margin of 9.33%.The business had revenue of $82.98 million for the quarter.

Wall Street Analyst Weigh In

SNFCA has been the topic of several recent analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Security National Financial in a research report on Monday, December 29th. Wall Street Zen upgraded Security National Financial from a “hold” rating to a “buy” rating in a research report on Saturday, March 21st. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Hedge Funds Weigh In On Security National Financial

Several large investors have recently added to or reduced their stakes in the business. Invesco Ltd. raised its holdings in shares of Security National Financial by 7.8% in the 4th quarter. Invesco Ltd. now owns 16,973 shares of the credit services provider’s stock worth $153,000 after purchasing an additional 1,221 shares during the period. Lunt Capital Management Inc. raised its holdings in shares of Security National Financial by 9.0% in the 3rd quarter. Lunt Capital Management Inc. now owns 17,972 shares of the credit services provider’s stock worth $156,000 after purchasing an additional 1,483 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Security National Financial by 12.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 15,661 shares of the credit services provider’s stock worth $136,000 after purchasing an additional 1,680 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of Security National Financial by 0.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 467,818 shares of the credit services provider’s stock worth $4,608,000 after purchasing an additional 1,746 shares during the period. Finally, Evergreen Capital Management LLC raised its holdings in shares of Security National Financial by 5.0% in the 3rd quarter. Evergreen Capital Management LLC now owns 39,291 shares of the credit services provider’s stock worth $341,000 after purchasing an additional 1,871 shares during the period. 45.58% of the stock is currently owned by hedge funds and other institutional investors.

About Security National Financial

Security National Financial Corp. is a diversified provider of mortgage lending, settlement and technology services under the NASDAQ ticker SNFCA. Through its primary subsidiaries—Security National Mortgage Company and Titan Lenders Corp—the company originates and funds residential mortgage loans across retail, wholesale and correspondent channels. Its platform supports a full range of loan products, including conventional, government-insured and jumbo financing tailored to homebuyers and investors.

Established in 1989, Security National Mortgage Company operates a nationwide branch network in all 50 states, offering local origination backed by centralized underwriting and closing services.