Oxbridge Re Holdings Limited (NASDAQ:OXBR – Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.89 and traded as high as $1.09. Oxbridge Re shares last traded at $0.9620, with a volume of 190,629 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings lowered shares of Oxbridge Re from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.
Read Our Latest Analysis on Oxbridge Re
Oxbridge Re Price Performance
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last released its earnings results on Saturday, February 14th. The insurance provider reported $0.02 earnings per share (EPS) for the quarter. Oxbridge Re had a negative net margin of 76.47% and a negative return on equity of 33.33%. The company had revenue of $0.58 million during the quarter.
Institutional Trading of Oxbridge Re
A number of hedge funds and other institutional investors have recently modified their holdings of the company. International Assets Investment Management LLC increased its stake in shares of Oxbridge Re by 61.2% in the first quarter. International Assets Investment Management LLC now owns 48,000 shares of the insurance provider’s stock worth $54,000 after purchasing an additional 18,227 shares in the last quarter. J.W. Cole Advisors Inc. increased its stake in shares of Oxbridge Re by 106.1% in the fourth quarter. J.W. Cole Advisors Inc. now owns 68,000 shares of the insurance provider’s stock worth $90,000 after purchasing an additional 35,000 shares in the last quarter. Henrickson Nauta Wealth Advisors Inc. increased its stake in shares of Oxbridge Re by 100.0% in the fourth quarter. Henrickson Nauta Wealth Advisors Inc. now owns 137,400 shares of the insurance provider’s stock worth $185,000 after purchasing an additional 68,700 shares in the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of Oxbridge Re in the third quarter worth $32,000. 5.64% of the stock is owned by hedge funds and other institutional investors.
Oxbridge Re Company Profile
Oxbridge Re Holdings Limited (NASDAQ: OXBR) is a reinsurance holding company that provides capital solutions and risk-sharing arrangements to insurance carriers. Its core business centers on offering treaty reinsurance and structured transactions designed to help insurers manage underwriting exposures and optimize their capital efficiency. By leveraging tailored financing structures, Oxbridge Re enables clients to transfer segments of their in-force life and health insurance portfolios, freeing up capital for growth or other strategic initiatives.
The company’s products and services include quota share reinsurance, coinsurance, and loss portfolio transfers, each crafted to address specific balance sheet and earnings targets of cedents.
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