Primerica, Inc. (PRI) Files Form 4 Insider Selling : Gregory C. Pitts Sells 8,624 Shares

Primerica, Inc. (PRI): Gregory C. Pitts , Executive VP and COO of Primerica, Inc. sold 8,624 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were sold at $54.50 per share for a total value of $469,816.62 , 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 24, 2016, Jeffrey S. Fendler (Executive Vice President) sold 5,000 shares at $53.21 per share price.On Nov 27, 2015, Donald R. Williams (director) sold 28,239 shares at $49.74 per share price.Also, On Nov 19, 2015, John A. Jr. Addison (director) sold 22,276 shares at $50.15 per share price.On Oct 9, 2015, William A. Kelly (President of Subsidiary) sold 800 shares at $47.17 per share price.

Primerica: On Wednesday, May 25, 2016 heightened volatility was witnessed in Primerica which led to swings in the share price. The shares opened for trading at $54.28 and hit $55.35 on the upside , eventually ending the session at $55.06, with a gain of 1.51% or 0.82 points. The heightened volatility saw the trading volume jump to 5,28,507 shares. The 52-week high of the share price is $54.29 and the company has a market cap of $2,590 M . The 52-week low of the share price is at $37.09.

Primerica Money Flow Index Chart

Primerica Inc. is a distributor of financial products and focuses on term life insurance which it underwrites and mutual funds annuities and other financial products which it distributes primarily on behalf of third parties. The Company operates through the Term Life Insurance Investment and Savings Products as well as Corporate and Other Distributed Products operating segments to organize evaluate and manage its business. The Term Life Insurance segment includes underwriting profits on its in-force book of term life insurance policies net of reinsurance which are underwritten by its life insurance company subsidiaries. The Investment and Savings Products segment includes mutual funds managed investments and annuities distributed through licensed broker-dealer subsidiaries and includes segregated funds. The Company also has a Corporate and Other Distributed Products segment which consists primarily of revenues and expenses related to the distribution of non-core products.

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