1347 Property Insurance Holdings, Inc. (PIH): Joshua Horowitz , director of 1347 Property Insurance Holdings, Inc. purchased 3,000 shares on May 17, 2016. The Insider buying transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were purchased at $6.50 per share for a total value of $19,500.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 18, 2016, Joshua Horowitz (director) purchased 3,000 shares at $6.50 per share price.
1347 Property Insurance Holdings Inc: On Thursday, May 19, 2016 heightened volatility was witnessed in 1347 Property Insurance Holdings Inc which led to swings in the share price. The shares opened for trading at $6.3 and hit $6.54 on the upside , eventually ending the session at $6.52, with a gain of 2.68% or 0.17 points. The heightened volatility saw the trading volume jump to 13,116 shares. The 52-week high of the share price is $8.59 and the company has a market cap of $39,824 M . The 52-week low of the share price is at $5.32.
1347 Property Insurance Holdings Inc. is a holding company. The Company through its subsidiary Maison Insurance Company is engaged providing property and casualty insurance. The Company offers homeowners’ insurance manufactured home insurance and dwelling fire insurance. It writes both full peril property policies as well as wind/hail only exposures and it distributes policies through independent insurance agents. The Company distributes its insurance policies through a network of over 130 independent agents licensed to sell full-peril policies as well as 29 independent agents licensed to sell manufactured home policies. As of December 31 2014 the Company had 21396 policies in-force. Maison Managers Inc. (MMI) serves as the Company’s management services subsidiary. The Company’s wind/hail insurance policy is written on an owner or non-owner occupied dwelling which protects from the perils of wind and/or hail-only weather events.