State Auto Financial Corp (STFC) Files Form 4 Insider Buying : Kim Burton Garland Buys 400 Shares

State Auto Financial Corp (STFC): Kim Burton Garland , Senior Vice President of State Auto Financial Corp purchased 400 shares on Jun 1, 2016. The Insider buying transaction was reported by the company on Jun 2, 2016 to the Securities and Exchange Commission. The shares were purchased at $20.49 per share for a total value of $8,197.50 , 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 5, 2016, Kim Burton Garland (Senior Vice President) purchased 7,228 shares at $20.45 per share price.On Feb 24, 2016, Michael Larocco (CEO) purchased 1,819 shares at $21.25 per share price.Also, On Dec 7, 2015, Robert P Jr Restrepo (director) sold 10,000 shares at $23.43 per share price.On Aug 20, 2015, Automobile Mutual Insura State (10% owner) purchased 1,643 shares at $23.70 per share price.

State Auto Financial Corp: On Wednesday, Jun 1, 2016 heightened volatility was witnessed in State Auto Financial Corp which led to swings in the share price. The shares opened for trading at $20.51 and hit $20.78 on the upside , eventually ending the session at $20.72, with a gain of 1.07% or 0.22 points. The heightened volatility saw the trading volume jump to 19,917 shares. The 52-week high of the share price is $27.37 and the company has a market cap of $861 M . The 52-week low of the share price is at $17.84.

State Auto Financial Corp Money Flow Index Chart

On May 6, 2016, State Auto Financial Corp announced a cash dividend of $0.1000. The company’s management has announced Jun 10, 2016 as the ex-dividend date and fixed the record date on Jun 14, 2016. The payable date has been fixed on Jun 30, 2016.

State Auto Financial Corporation (State Auto Financial) is a property and casualty insurance holding company. The Company is engaged in writing personal business and specialty insurance. State Auto Financial’s subsidiaries are State Auto Property & Casualty Insurance Company (State Auto P&C) Milbank Insurance Company (Milbank) and State Auto Insurance Company of Ohio (SA Ohio) each of which is a property and casualty insurance company and Stateco Financial Services Inc. (Stateco) which provides investment management services to affiliated insurance companies. The Company’s segments include personal insurance business insurance specialty insurance and investment operations. The Company’s claims division supports its insurance segments through emphasis on investigation of claims settlement of meritorious claims for equitable amounts maintenance of adequate case reserves for claims and control of external claims adjustment expenses.

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