Greenlight Capital Re, Ltd. (GLRE) Files Form 4 Insider Buying : Daniel Roitman Buys 40,000 Shares

Greenlight Capital Re, Ltd. (GLRE): Daniel Roitman , other of Greenlight Capital Re, Ltd. purchased 40,000 shares on May 5, 2016. The Insider buying transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were purchased at $21.01 per share for a total value of $840,340.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 6, 2015, Leonard R Goldberg (director) purchased 12,000 shares at $21.98 per share price.On Nov 5, 2015, Daniel Roitman (other) purchased 10,000 shares at $21.93 per share price.

Greenlight Capital Re Ltd.: On Friday, May 6, 2016 heightened volatility was witnessed in Greenlight Capital Re Ltd. which led to swings in the share price. The shares opened for trading at $20.93 and hit $21.24 on the upside , eventually ending the session at $21.07, with a gain of 0.72% or 0.15 points. The heightened volatility saw the trading volume jump to 1,03,933 shares. The 52-week high of the share price is $31.38 and the company has a market cap of $784 M . The 52-week low of the share price is at $16.05.

Greenlight Capital Re Ltd. Money Flow Index Chart

Greenlight Capital Re Ltd. (GLRE) is a property and casualty reinsurer holding company. The Company’s wholly owned subsidiaries include Greenlight Reinsurance Ltd (Greenlight Re) Greenlight Reinsurance Ireland Ltd. (GRIL) and Verdant Holding Company Ltd. (Verdant). The Company’s underwriting operations are classified into two categories: frequency business contracts containing a number of small losses emanating from multiple events; and severity business contracts with the potential for losses emanating from one event or multiple events. GLRE is focused on offering customized reinsurance solutions to customers. Greenlight Re provides multi-line property and casualty reinsurance and GRIL is engaged in writing property and casualty reinsurance business. Verdant makes strategic investments in a select group of property and casualty insurers and general agents in the United States.

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