National Security Group Inc (NASDAQ:NSEC) major shareholder Andrew J. Abernathey bought 891 shares of the business’s stock in a transaction on Wednesday, June 24th. The stock was purchased at an average price of $14.90 per share, for a total transaction of $13,275.90. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
NASDAQ:NSEC opened at $13.31 on Monday. National Security Group Inc has a 1 year low of $10.01 and a 1 year high of $16.95. The stock has a 50-day moving average price of $15.47 and a two-hundred day moving average price of $14.77. The stock has a market cap of $33.67 million, a price-to-earnings ratio of 42.94 and a beta of -0.06. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.27.
Separately, ValuEngine upgraded shares of National Security Group from a “sell” rating to a “hold” rating in a research report on Thursday, April 2nd.
National Security Group Company Profile
The National Security Group, Inc, an insurance holding company, provides insurance products and services in the United States. The company operates in two segments, Property and Casualty Insurance, and Life Insurance. The Property and Casualty Insurance segment primarily underwrites home insurance coverage with primary lines of business consisting of dwelling fire and extended coverage, mobile homeowners, and other liability insurance services in Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, Oklahoma, South Carolina, Tennessee, and West Virginia, as well as operates on a surplus lines basis in the state of Louisiana.
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