Kingsway Financial Services Inc. (NYSE:KFS) Director Joseph Stilwell Sells 365,000 Shares

Kingsway Financial Services Inc. (NYSE:KFS) (TSE:KFS) Director Joseph Stilwell sold 365,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $8.43, for a total transaction of $3,076,950.00. Following the sale, the director now owns 593,743 shares of the company’s stock, valued at approximately $5,005,253.49. This represents a 38.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Joseph Stilwell also recently made the following trade(s):

• On Tuesday, November 19th, Joseph Stilwell sold 25,000 shares of Kingsway Financial Services stock. The shares were sold at an average price of $8.78, for a total value of $219,500.00.

Kingsway Financial Services Price Performance

KFS opened at $8.47 on Friday. The business has a 50-day moving average of $8.89 and a 200-day moving average of $8.38. Kingsway Financial Services Inc. has a fifty-two week low of $7.60 and a fifty-two week high of $9.58. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 1.20.

Institutional Investors Weigh In On Kingsway Financial Services

Large investors have recently bought and sold shares of the business. BNP Paribas Financial Markets grew its holdings in Kingsway Financial Services by 36.4% during the third quarter. BNP Paribas Financial Markets now owns 6,526 shares of the insurance provider’s stock valued at $54,000 after purchasing an additional 1,742 shares during the last quarter. Rhumbline Advisers lifted its position in Kingsway Financial Services by 25.8% during the 2nd quarter. Rhumbline Advisers now owns 12,352 shares of the insurance provider’s stock worth $102,000 after acquiring an additional 2,534 shares during the last quarter. Barclays PLC boosted its holdings in Kingsway Financial Services by 325.5% during the third quarter. Barclays PLC now owns 18,269 shares of the insurance provider’s stock valued at $150,000 after acquiring an additional 13,975 shares during the period. DHK Financial Advisors Inc. acquired a new stake in shares of Kingsway Financial Services in the second quarter valued at about $303,000. Finally, Bank of New York Mellon Corp lifted its position in shares of Kingsway Financial Services by 21.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 37,793 shares of the insurance provider’s stock worth $311,000 after purchasing an additional 6,778 shares during the last quarter. 72.38% of the stock is currently owned by institutional investors.

Kingsway Financial Services Company Profile

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.