Greenlight Capital Re, Ltd. (GLRE) Files Form 4 Insider Selling : Leonard R Goldberg Sells 4,657 Shares

Greenlight Capital Re, Ltd. (GLRE): Leonard R Goldberg , director of Greenlight Capital Re, Ltd. sold 4,657 shares on Jun 2, 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 $20.25 per share for a total value of $94,281.43 , 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 9, 2016, Daniel Roitman (other) purchased 40,000 shares at $21.01 per share price.On Nov 6, 2015, Leonard R Goldberg (director) purchased 12,000 shares at $21.98 per share price.

Shares of Greenlight Capital Re Ltd. (GLRE) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.41 points or -2.03% at $19.77 with 1,45,592 shares getting traded. Post opening the session at $20.02, the shares hit an intraday low of $19.56 and an intraday high of $20.035 and the price vacillated in this range throughout the day. The company has a market cap of $736 M and the number of outstanding shares has been calculated to be 3,72,32,537 shares. The 52-week high of Greenlight Capital Re Ltd. is $31.38 and the 52-week low is $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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