Emc Insurance Group Inc (EMCI): Mark E Reese , Senior Vice President & CFO of Emc Insurance Group Inc sold 339 shares on Jun 3, 2016. The Insider selling transaction was reported by the company on Jun 6, 2016 to the Securities and Exchange Commission. The shares were sold at $26.90 per share for a total value of $9,119.10 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 26, 2016, Mark E Reese (Senior Vice President & CFO) sold 500 shares at $27.00 per share price.On May 18, 2016, Ronald Allan Paine (Senior Vice President) sold 1,108 shares at $26.95 per share price.Also, On Dec 18, 2015, Lisa Anne Simonetta (Senior Vice President) sold 930 shares at $26.17 per share price.On Dec 16, 2015, Michael Alan Lovell (Senior Vice President) sold 563 shares at $25.67 per share price.
EMC Insurance Group: On Friday, Jun 3, 2016 heightened volatility was witnessed in EMC Insurance Group which led to swings in the share price. The shares opened for trading at $26.72 and hit $27.02 on the upside , eventually ending the session at $27, with a gain of 0.45% or 0.12 points. The heightened volatility saw the trading volume jump to 17,174 shares. The 52-week high of the share price is $27.89 and the company has a market cap of $566 M . The 52-week low of the share price is at $20.23.
EMC Insurance Group Inc. (EMC Insurance Group) is an insurance holding company. The Company through its subsidiaries conducts operations in property and casualty insurance and reinsurance. The Company focuses on the sale of commercial lines of property and casualty insurance to small and medium-sized businesses. The Company markets its insurance products in 41 states in the United States. The majority of its business is marketed and generated in the Midwest. The Company conducts its business in two segments: Property and Casualty Insurance and Reinsurance segment. EMC Insurance Group is approximately 58% owned by Employers Mutual Casualty Company (Employers Mutual) a multiple-line property and casualty insurance company.