Insider Selling: Reliance Global Group, Inc. (NASDAQ:RELI) VP Sells 3,001 Shares of Stock

Reliance Global Group, Inc. (NASDAQ:RELI) VP Yaakov Beyman sold 3,001 shares of the stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $3.80, for a total transaction of $11,403.80. Following the sale, the vice president now directly owns 6,667 shares in the company, valued at $25,334.60. This trade represents a 31.04 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Reliance Global Group Trading Down 5.2 %

Shares of NASDAQ RELI opened at $2.56 on Thursday. The firm’s 50 day moving average price is $1.90 and its 200-day moving average price is $2.65. Reliance Global Group, Inc. has a 52-week low of $1.17 and a 52-week high of $18.53.

About Reliance Global Group

Reliance Global Group, Inc focuses in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides agency services for insurance products in the healthcare and Medicare, personal and commercial, trucking, property and casualty, and insurance brokerage. The company was formerly known as Ethos Media Network, Inc and changed its name to Reliance Global Group, Inc in October 2018.