Tiptree Inc (TIPT) Insider Buys $16,250.00 in Stock

Tiptree Inc (NASDAQ:TIPT) insider Michael Gene Barnes bought 2,500 shares of the firm’s stock in a transaction on Monday, March 13th. The shares were bought at an average cost of $6.50 per share, with a total value of $16,250.00. Following the transaction, the insider now directly owns 3,867,042 shares of the company’s stock, valued at $25,135,773. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Friday, March 10th, Michael Gene Barnes bought 3,713 shares of Tiptree stock. The shares were bought at an average cost of $6.47 per share, with a total value of $24,023.11.
  • On Wednesday, March 8th, Michael Gene Barnes acquired 4,700 shares of Tiptree stock. The stock was acquired at an average cost of $6.49 per share, with a total value of $30,503.00.
  • On Tuesday, February 28th, Michael Gene Barnes acquired 2,500 shares of Tiptree stock. The stock was acquired at an average cost of $6.46 per share, with a total value of $16,150.00.
  • On Tuesday, February 21st, Michael Gene Barnes acquired 1,624 shares of Tiptree stock. The stock was acquired at an average cost of $6.50 per share, with a total value of $10,556.00.
  • On Friday, February 17th, Michael Gene Barnes acquired 2,500 shares of Tiptree stock. The stock was acquired at an average cost of $6.44 per share, with a total value of $16,100.00.
  • On Thursday, February 16th, Michael Gene Barnes acquired 3,500 shares of Tiptree stock. The stock was acquired at an average cost of $6.42 per share, with a total value of $22,470.00.
  • On Tuesday, February 14th, Michael Gene Barnes bought 4,800 shares of Tiptree stock. The stock was purchased at an average price of $6.40 per share, with a total value of $30,720.00.
  • On Friday, February 10th, Michael Gene Barnes bought 3,217 shares of Tiptree stock. The stock was purchased at an average price of $6.30 per share, with a total value of $20,267.10.
  • On Wednesday, February 8th, Michael Gene Barnes bought 4,375 shares of Tiptree stock. The stock was purchased at an average price of $6.42 per share, with a total value of $28,087.50.
  • On Monday, February 6th, Michael Gene Barnes bought 48 shares of Tiptree stock. The stock was purchased at an average price of $6.50 per share, with a total value of $312.00.

Tiptree Inc (NASDAQ:TIPT) traded up 1.908% on Monday, reaching $6.675. The company’s stock had a trading volume of 5,307 shares. Tiptree Inc has a 12 month low of $4.74 and a 12 month high of $7.15. The company has a 50-day moving average price of $6.51 and a 200 day moving average price of $6.24. The company has a market cap of $190.06 million, a P/E ratio of 8.547 and a beta of -0.23.

Insider Buying and Selling by Quarter for Tiptree (NASDAQ:TIPT)

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 3rd. Stockholders of record on Monday, March 27th will be paid a dividend of $0.03 per share. This is an increase from Tiptree’s previous quarterly dividend of $0.03. This represents a $0.12 annualized dividend and a dividend yield of 1.83%. The ex-dividend date is Thursday, March 23rd.

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About Tiptree

Tiptree Inc, formerly 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 operates through five segments: insurance and insurance services, specialty finance, real estate, asset management, and corporate and other.

5 Day Chart for NASDAQ:TIPT

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