Insider Selling: Kingsway Financial Services Inc. (NYSE:KFS) Director Sells $219,500.00 in Stock

Kingsway Financial Services Inc. (NYSE:KFS) (TSE:KFS) Director Joseph Stilwell sold 25,000 shares of Kingsway Financial Services stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $8.78, for a total value of $219,500.00. Following the sale, the director now directly owns 636,159 shares of the company’s stock, valued at $5,585,476.02. This trade represents a 3.78 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Kingsway Financial Services Stock Down 0.3 %

KFS opened at $8.98 on Friday. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.41 and a quick ratio of 0.41. Kingsway Financial Services Inc. has a 12-month low of $7.10 and a 12-month high of $9.58. The firm has a 50 day moving average of $8.70 and a two-hundred day moving average of $8.31.

Institutional Trading of Kingsway Financial Services

Hedge funds and other institutional investors have recently made changes to their positions in the business. Swedbank AB purchased a new stake in Kingsway Financial Services in the first quarter valued at $2,085,000. DHK Financial Advisors Inc. purchased a new position in shares of Kingsway Financial Services during the 2nd quarter valued at about $303,000. Vanguard Group Inc. lifted its holdings in shares of Kingsway Financial Services by 3.2% in the 1st quarter. Vanguard Group Inc. now owns 487,353 shares of the insurance provider’s stock valued at $4,065,000 after buying an additional 14,981 shares during the period. Barclays PLC boosted its stake in shares of Kingsway Financial Services by 325.5% in the third quarter. Barclays PLC now owns 18,269 shares of the insurance provider’s stock worth $150,000 after buying an additional 13,975 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Kingsway Financial Services by 2.0% in the third quarter. Geode Capital Management LLC now owns 347,235 shares of the insurance provider’s stock worth $2,875,000 after buying an additional 6,941 shares during the last quarter. Institutional investors and hedge funds own 72.38% of the company’s stock.

About Kingsway Financial Services

Kingsway Financial Services Inc, through its subsidiaries, engages in the extended warranty and business services in the United States. The company operates through two segments, Extended Warranty and Kingsway Search Xcelerator. The Extended Warranty segment markets, sells, and administers vehicle service agreements and related products for new and used automobiles, motorcycles, and ATVs.