Kingsway Financial Services Inc (KFS): William August Jr Hickey , CFO of Kingsway Financial Services Inc purchased 314 shares on Apr 15, 2016. The Insider buying transaction was reported by the company on Apr 18, 2016 to the Securities and Exchange Commission. The shares were purchased at $4.76 per share for a total value of $1,495.30 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 18, 2016, William August Jr Hickey (CFO) purchased 314 shares at $4.76 per share price.On Apr 18, 2016, Hassan Baqar (Vice President) purchased 150 shares at $4.76 per share price.Also, On Mar 29, 2016, Gary Schaevitz (director) purchased 1,194 shares at $4.65 per share price.On Mar 15, 2016, Larry G Jr Swets (CEO) purchased 493 shares at $4.23 per share price.
Shares of Kingsway Financial Services (USA) (KFS) ended Friday, Apr 15, 2016 session in red amid volatile trading. The shares closed down -0.01 points or -0.21% at $4.72 with 7,475 shares getting traded. Post opening the session at $4.72, the shares hit an intraday low of $4.69 and an intraday high of $4.79 and the price vacillated in this range throughout the day. The company has a market cap of $93 M and the number of outstanding shares has been calculated to be 1,97,09,706 shares. The 52-week high of Kingsway Financial Services (USA) is $6.17 and the 52-week low is $3.65.
Currently the company Insiders own 44.33% of Kingsway Financial Services (USA) shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by 0.24%.Institutional Investors own 19.96% of Kingsway Financial Services (USA) shares.During last six month period, the net percent change held by insiders has seen a change of 0.56%.
Kingsway Financial Services Inc. (Kingsway) is a holding company. Kingsway operates as a merchant bank primarily engaged through its subsidiaries in the property and casualty insurance business. The Company operates through two segments. The Insurance Underwriting segment provides non-standard automobile insurance to individuals who do not meet the criteria for coverage by standard automobile insurers. The Insurance Services segment includes the operations of its subsidiaries such as IWS Acquisition Corporation (IWS) and Trinity Warranty Solutions LLC (Trinity). As of December 31 2014 the Insurance Underwriting segment conducted business in 15 states of the United States. Its property and casualty insurance business operations are conducted primarily through its subsidiaries such as Mendota Insurance Company Mendakota Insurance Company Universal Casualty Company Kingsway Amigo Insurance Company and Kingsway Reinsurance Corporation.