Conifer Holdings, Inc. (CNFR) Files Form 4 Insider Buying : Andrew Petcoff Buys 1,000 Shares

Conifer Holdings, Inc. (CNFR): Andrew Petcoff , SVP, Marketing of Conifer Holdings, Inc. purchased 1,000 shares on Jun 7, 2016. The Insider buying transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were purchased at $6.30 per share for a total value of $6,300.00 , 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 27, 2016, Brian J Roney (President) purchased 2,000 shares at $6.40 per share price.On Mar 8, 2016, Andrew Petcoff (SVP, Marketing) purchased 6,425 shares at $6.75 per share price.Also, On Feb 25, 2016, Harold J Meloche (CFO) purchased 4,034 shares at $5.77 per share price.On Feb 23, 2016, R Jamison Jr Williams (director) purchased 7,600 shares at $6.36 per share price.

Company has been under the radar of several Street Analysts.Conifer 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 Apr 29, 2016.

Conifer Holdings Inc. (CHI) is an insurance holding company. The Company is engaged in the sale of property and casualty insurance products. It offers insurance coverage through its insurance subsidiaries in both specialty commercial and specialty personal product lines. CHI is also focused on non-commoditized property and casualty insurance markets. Through its commercial insurance lines the Company offers coverage for both commercial property and commercial liability. Through its personal insurance lines it offers non-standard homeowners insurance and dwelling fire insurance products to individuals in various states which includes Florida Hawaii Illinois and Texas. Its subsidiaries include American Colonial Insurance Company Conifer Holdings Inc. and Sycamore Insurance Agency Inc.

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