Patriot National, Inc. (PN) Files Form 4 Insider Buying : Steven M. Mariano Buys 100,000 Shares

Patriot National, Inc. (PN): Steven M. Mariano , director officer 10% owner of Patriot National, Inc. purchased 100,000 shares on Mar 11, 2016. The Insider buying transaction was reported by the company on Sep 27, 2016 to the Securities and Exchange Commission. The shares were purchased at $5.73 per share for a total value of $573,000.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 16, 2016, Paul Halter (officer ) sold 2,794 shares at $9.09 per share price.On Mar 28, 2016, Steven M. Mariano (director officer 10% owner ) purchased 70,000 shares at $7.60 per share price.Also, On Mar 28, 2016, Pizzo John R. Del (director) purchased 19,200 shares at $7.56 per share price.On Mar 16, 2016, Judith L. Haddad (officer ) purchased 2,500 shares at $6.25 per share price.

Shares of Patriot National Inc (PN) ended Thursday, Sep 22, 2016 session in red amid volatile trading. The shares closed down -0.09 points or -0.99% at $9.01 with 1,03,643 shares getting traded. Post opening the session at $9.12, the shares hit an intraday low of $8.81 and an intraday high of $9.24 and the price vacillated in this range throughout the day. The company has a market cap of $242 M and the number of outstanding shares has been calculated to be 2,68,40,921 shares. The 52-week high of Patriot National Inc is $16.85 and the 52-week low is $3.56.

Patriot National Inc Money Flow Index Chart

Patriot National Inc. is a national provider of outsourcing solutions within the workers’ compensation marketplace for insurance companies employers local governments and reinsurance captives. The Company offers two types of services: brokerage underwriting and policyholder services (or brokerage and policyholder services) and claims administration services. It also provides claims investigations loss control service administration claimant transportation and translation claims subrogation services healthcare cost containment services claim lien negotiation services and reinsurance management services. Its brokerage and policyholder services include general agency services specialty underwriting and policyholder services. Its underwriting services include investigation and analysis of potential loss exposures. Its claims administration services relate to the administration and resolution of workers’ compensation claims. It also offers pre-employment screening services.

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