Kingsway Financial Services Inc (KFS) Files Form 4 Insider Buying : Larry G Jr Swets Buys 447 Shares

Kingsway Financial Services Inc (KFS): Larry G Jr Swets , CEO of Kingsway Financial Services Inc purchased 447 shares on May 17, 2016. The Insider buying transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were purchased at $4.66 per share for a total value of $2,082.17 , 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 17, 2016, William August Jr Hickey (CFO) purchased 322 shares at $4.66 per share price.On May 17, 2016, Hassan Baqar (Vice President) purchased 152 shares at $4.66 per share price.Also, On May 17, 2016, John Taylor Maloney Fitzgerald (Executive Vice President) purchased 2,857 shares at $4.73 per share price.On May 2, 2016, Larry G Jr Swets (CEO) purchased 5,000 shares at $4.67 per share price.

Shares of Kingsway Financial Services (USA) (KFS) ended Monday, May 16, 2016 session in red amid volatile trading. The shares closed down -0.03 points or -0.65% at $4.62 with 10,982 shares getting traded. Post opening the session at $4.69, the shares hit an intraday low of $4.52 and an intraday high of $4.75 and the price vacillated in this range throughout the day. The company has a market cap of $92 M and the number of outstanding shares has been calculated to be 1,98,55,906 shares. The 52-week high of Kingsway Financial Services (USA) is $6.17 and the 52-week low is $3.65.

Kingsway Financial Services  (USA) Money Flow Index Chart

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.

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