Insider Selling: Conifer Holdings, Inc. (NASDAQ:CNFR) CEO Sells 100,000 Shares of Stock

Conifer Holdings, Inc. (NASDAQ:CNFR) CEO Brian J. Roney sold 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $2.00, for a total transaction of $200,000.00. Following the completion of the transaction, the chief executive officer now owns 410,232 shares in the company, valued at $820,464. This represents a 19.60 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Conifer Trading Up 0.9 %

NASDAQ:CNFR traded up $0.01 during mid-day trading on Monday, reaching $1.16. 16,381 shares of the company’s stock traded hands, compared to its average volume of 541,813. Conifer Holdings, Inc. has a 12-month low of $0.65 and a 12-month high of $1.91. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.66 and a quick ratio of 0.66. The company has a 50 day moving average price of $1.15 and a 200-day moving average price of $1.01. The firm has a market capitalization of $14.18 million, a price-to-earnings ratio of 0.48 and a beta of 0.59.

About Conifer

Conifer Holdings, Inc, an insurance holding company, engages in the sale of property and casualty insurance products. The company offers insurance coverage in specialty commercial and personal product lines. It also underwrites various specialty insurance products, including property, general liability, liquor liability, automobile, and homeowners and dwelling policies.