Kingsway Financial Services Inc. (NYSE:KFS) Director Buys $53,500.00 in Stock

Kingsway Financial Services Inc. (NYSE:KFS) (TSE:KFS) Director Joseph Stilwell purchased 10,000 shares of the company’s stock in a transaction dated Thursday, September 16th. The shares were acquired at an average price of $5.35 per share, for a total transaction of $53,500.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

  • On Wednesday, September 8th, Joseph Stilwell purchased 10,000 shares of Kingsway Financial Services stock. The shares were acquired at an average price of $5.35 per share, for a total transaction of $53,500.00.
  • On Thursday, August 26th, Joseph Stilwell purchased 5,000 shares of Kingsway Financial Services stock. The shares were acquired at an average price of $5.35 per share, for a total transaction of $26,750.00.
  • On Friday, August 20th, Joseph Stilwell bought 11,425 shares of Kingsway Financial Services stock. The stock was purchased at an average price of $5.27 per share, for a total transaction of $60,209.75.
  • On Wednesday, August 18th, Joseph Stilwell bought 8,517 shares of Kingsway Financial Services stock. The stock was purchased at an average price of $5.36 per share, for a total transaction of $45,651.12.

NYSE KFS traded down $0.23 during trading hours on Monday, reaching $5.37. The stock had a trading volume of 33,050 shares, compared to its average volume of 25,142. The company has a debt-to-equity ratio of 10.06, a current ratio of 0.28 and a quick ratio of 0.28. Kingsway Financial Services Inc. has a 52-week low of $2.73 and a 52-week high of $5.70. The stock has a fifty day moving average of $5.38 and a 200 day moving average of $5.01.

Kingsway Financial Services (NYSE:KFS) (TSE:KFS) last released its quarterly earnings data on Thursday, August 5th. The insurance provider reported $0.05 EPS for the quarter. Kingsway Financial Services had a positive return on equity of 20.59% and a negative net margin of 5.36%. The business had revenue of $22.10 million for the quarter.

Institutional investors have recently added to or reduced their stakes in the business. Stilwell Value LLC raised its stake in shares of Kingsway Financial Services by 6.2% during the 2nd quarter. Stilwell Value LLC now owns 6,799,783 shares of the insurance provider’s stock worth $33,999,000 after buying an additional 395,089 shares during the period. Vanguard Group Inc. raised its stake in shares of Kingsway Financial Services by 348.2% during the 2nd quarter. Vanguard Group Inc. now owns 338,372 shares of the insurance provider’s stock worth $1,692,000 after buying an additional 262,884 shares during the period. Citadel Advisors LLC acquired a new position in shares of Kingsway Financial Services during the 1st quarter worth approximately $128,000. Finally, Renaissance Technologies LLC raised its stake in shares of Kingsway Financial Services by 3.2% during the 2nd quarter. Renaissance Technologies LLC now owns 419,339 shares of the insurance provider’s stock worth $2,097,000 after buying an additional 13,020 shares during the period. Institutional investors and hedge funds own 32.38% of the company’s stock.

About Kingsway Financial Services

Kingsway Financial Services, Inc operates as a holding company. The firm engages in the provision of financial services. It operates through the following segments: Extended Warranty and Leased Real Estate. The Extended Warranty segment provides after-market vehicle protection services distributed by credit unions.

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Insider Buying and Selling by Quarter for Kingsway Financial Services (NYSE:KFS)

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