Emc Insurance Group Inc (EMCI) Files Form 4 Insider Selling : Mark E Reese Sells 500 Shares

Emc Insurance Group Inc (EMCI): Mark E Reese , Senior Vice President & CFO of Emc Insurance Group Inc sold 500 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $27.00 per share for a total value of $13,500.00 , 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, Ronald Allan Paine (Senior Vice President) sold 1,108 shares at $26.95 per share price.On May 13, 2016, Mark E Reese (Senior Vice President & CFO) sold 100 shares at $27.50 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.

Shares of EMC Insurance Group (EMCI) ended Wednesday, May 25, 2016 session in red amid volatile trading. The shares closed down -0.51 points or -1.89% at $26.5 with 19,366 shares getting traded. Post opening the session at $26.97, the shares hit an intraday low of $26.41 and an intraday high of $27.28 and the price vacillated in this range throughout the day. The company has a market cap of $556 M and the number of outstanding shares has been calculated to be 2,09,73,185 shares. The 52-week high of EMC Insurance Group is $27.89 and the 52-week low is $20.23.

EMC Insurance Group Money Flow Index Chart

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.

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