Kingsway Financial Services Inc. (NYSE:KFS) Director Joseph Stilwell purchased 1,148,263 shares of the firm’s stock in a transaction dated Friday, September 30th. The stock was purchased at an average cost of $5.74 per share, for a total transaction of $6,591,029.62. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Kingsway Financial Services Inc. (NYSE:KFS) opened at 5.72 on Wednesday. The company’s market cap is $113.50 million. Kingsway Financial Services Inc. has a 1-year low of $3.65 and a 1-year high of $5.89. The company has a 50-day moving average price of $5.67 and a 200-day moving average price of $5.18.
Separately, TheStreet raised Kingsway Financial Services from a “sell” rating to a “hold” rating in a research note on Friday, July 22nd.
About Kingsway Financial Services
Kingsway Financial Services Inc is a holding company. The Company operates as a merchant bank primarily engaged, through its subsidiaries, in the property and casualty insurance business. The Company operates through Insurance Underwriting segment. Its Insurance Underwriting segment provides non-standard automobile insurance to individuals who do not meet the criteria for coverage by standard automobile insurers.
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