Heritage Insurance Holdings, Inc. (HRTG): Bruce Lucas , CEO of Heritage Insurance Holdings, Inc. purchased 18,500 shares on May 9, 2016. The Insider buying transaction was reported by the company on May 11, 2016 to the Securities and Exchange Commission. The shares were purchased at $13.40 per share for a total value of $247,857.45 , 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, Stephen L Rohde (CFO) purchased 3,000 shares at $13.40 per share price.On Apr 6, 2016, Joseph Vattamattam (director) sold 5,000 shares at $15.84 per share price.Also, On Dec 29, 2015, Ernie J Garateix (Chief Operating Officer) sold 8,000 shares at $22.04 per share price.On Dec 28, 2015, Trifon Houvardas (director) sold 1,800 shares at $0.00 per share price.
Heritage Insurance Holdings Inc: On Tuesday, May 10, 2016 heightened volatility was witnessed in Heritage Insurance Holdings Inc which led to swings in the share price. The shares opened for trading at $13.37 and hit $13.637 on the upside , eventually ending the session at $13.55, with a gain of 0.67% or 0.09 points. The heightened volatility saw the trading volume jump to 1,87,629 shares. The 52-week high of the share price is $27.28 and the company has a market cap of $412 M . The 52-week low of the share price is at $12.
Company has been under the radar of several Street Analysts.Heritage Insurance Holdings Inc is Downgraded by Sandler O’Neill to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 4, 2016.
Heritage Insurance Holdings Inc. (Heritage Insurance) formerly Heritage Insurance Holdings LLC is a property and casualty insurance holding company. The Company is engaged in providing personal and commercial residential insurance. Through Its subsidiary Heritage Property & Casualty Insurance Company (Heritage P&C) it provides personal residential insurance for single-family homeowners and condominium owners rental property insurance and commercial residential insurance in the state of Florida. The Company is vertically integrated and control or manage all aspects of insurance underwriting actuarial analysis distribution and claims processing and adjusting. It has approximately 207000 personal residential policies in force and approximately 2400 commercial residential policies in force.