Global Indemnity Plc (GBLI) Files Form 4 Insider Buying : Bruce R Lederman Buys 400 Shares

Global Indemnity Plc (GBLI): Bruce R Lederman , director of Global Indemnity Plc purchased 400 shares on May 11, 2016. The Insider buying transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were purchased at $30.85 per share for a total value of $12,348.50 , 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 11, 2016, Bruce R Lederman (director) purchased 600 shares at $30.86 per share price.On Jun 1, 2015, Matthew B Scott (Chief Marketing Officer) sold 3,087 shares at $27.12 per share price.

Shares of Global Indemnity plc (GBLI) ended Tuesday, May 10, 2016 session in red amid volatile trading. The shares closed down -0.12 points or -0.39% at $30.84 with 9,337 shares getting traded. Post opening the session at $30.81, the shares hit an intraday low of $30.59 and an intraday high of $31.15 and the price vacillated in this range throughout the day. The company has a market cap of $541 M and the number of outstanding shares has been calculated to be 1,75,37,752 shares. The 52-week high of Global Indemnity plc is $32.09 and the 52-week low is $23.41.

Global Indemnity plc Money Flow Index Chart

Global Indemnity plc (Global Indemnity) a specialty property and casualty insurer provides its insurance products across a distribution network–binding authority program brokerage and reinsurance. The Company operates through two segments: Insurance Operations and Reinsurance Operations. The Company’s Insurance Operations segment distributes property and casualty insurance products and includes the operations of United National Insurance Company Diamond State Insurance Company United National Specialty Insurance Company Penn-America Insurance Company Penn-Star Insurance Company Penn-Patriot Insurance Company American Insurance Adjustment Agency Inc. Collectibles Insurance Services LLC Global Indemnity Insurance Agency LLC and J.H. Ferguson & Associates LLC. The Company’s Reinsurance Operations segment which consists of the operations of Global Indemnity Reinsurance Company Ltd. provides reinsurance solutions through brokers and on a direct basis.

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