Baldwin & Lyons Inc (BWINB) Files Form 4 Insider Buying : Kenneth David Sacks Buys 2,000 Shares

Baldwin & Lyons Inc (BWINB): Kenneth David Sacks , director of Baldwin & Lyons Inc purchased 2,000 shares on May 12, 2016. The Insider buying transaction was reported by the company on May 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $24.99 per share for a total value of $49,980.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 16, 2016, Jeffrey Scott Cohen (director) purchased 3,431 shares at $24.00 per share price.On Dec 3, 2015, Arshad R Zakaria (director) purchased 50,000 shares at $23.42 per share price.Also, On May 29, 2015, Kenneth David Sacks (director) purchased 976 shares at $22.48 per share price.On Mar 19, 2015, John D Weil (director 10% owner) sold 80 shares at $23.43 per share price.

Baldwin & Lyons Inc: On Tuesday, May 10, 2016 heightened volatility was witnessed in Baldwin & Lyons Inc which led to swings in the share price. The shares opened for trading at $24.72 and hit $25.15 on the upside , eventually ending the session at $24.89, with a gain of 0.61% or 0.15 points. The heightened volatility saw the trading volume jump to 18,346 shares. The 52-week high of the share price is $25.15 and the company has a market cap of $375 M . The 52-week low of the share price is at $21.266.

Baldwin & Lyons Inc Money Flow Index Chart

Baldwin & Lyons Inc. (B&L) through its divisions and subsidiaries is engaged in marketing and underwriting property and casualty insurance including the assumption of property and casualty risks as a reinsurer of other companies. The Company operates in two segments: property and casualty insurance segment and reinsurance segment. The property and casualty insurance segment provides multiple line insurance coverage primarily to fleet transportation companies and to independent contractors who contract with fleet transportation companies as well as individual personal automobile coverage professional liability coverages and business owners’ and commercial property policies. The reinsurance segment accepts cessions from other insurance companies as well as retrocessions from selected reinsurance companies providing property catastrophe and casualty reinsurance coverages.

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