Mark Mccammon Sells 3,020 Shares of Conifer Holdings Inc (CNFR) Stock

Conifer Holdings Inc (NASDAQ:CNFR) Director Mark Mccammon sold 3,020 shares of the firm’s stock in a transaction dated Wednesday, September 13th. The shares were sold at an average price of $7.00, for a total value of $21,140.00. Following the transaction, the director now directly owns 9,000 shares in the company, valued at $63,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Mark Mccammon also recently made the following trade(s):

  • On Monday, September 11th, Mark Mccammon sold 193 shares of Conifer stock. The shares were sold at an average price of $7.00, for a total value of $1,351.00.
  • On Wednesday, December 6th, Mark Mccammon sold 53,699 shares of Conifer stock. The shares were sold at an average price of $6.07, for a total value of $325,952.93.

Conifer Holdings Inc (CNFR) traded up $0.10 during trading on Friday, hitting $6.00. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.54 and a quick ratio of 0.54. Conifer Holdings Inc has a 1 year low of $5.50 and a 1 year high of $8.20.

A number of research analysts have recently issued reports on CNFR shares. Zacks Investment Research cut Conifer from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 16th. Boenning Scattergood reiterated a “hold” rating on shares of Conifer in a report on Wednesday, October 4th.

A hedge fund recently raised its stake in Conifer stock. Northpointe Capital LLC lifted its position in shares of Conifer Holdings Inc (NASDAQ:CNFR) by 22.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 316,190 shares of the insurance provider’s stock after purchasing an additional 58,484 shares during the period. Northpointe Capital LLC owned 4.14% of Conifer worth $2,182,000 as of its most recent SEC filing. Institutional investors own 25.60% of the company’s stock.

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About Conifer

Conifer Holdings, Inc is an insurance holding company. Through its insurance company subsidiaries, the Company offers insurance coverage in both specialty commercial and specialty personal product lines. It operates through two segments: commercial lines and personal lines. It is engaged in underwriting and marketing insurance coverage, and administering claims processing for such policies.

Insider Buying and Selling by Quarter for Conifer (NASDAQ:CNFR)

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