Kingsway Financial Services Inc. (NYSE:KFS) Director Sells $3,076,950.00 in Stock

Kingsway Financial Services Inc. (NYSE:KFS) (TSE:KFS) Director Joseph Stilwell sold 365,000 shares of the business’s stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $8.43, for a total transaction of $3,076,950.00. Following the transaction, the director now owns 593,743 shares of the company’s stock, valued at $5,005,253.49. This represents a 38.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Joseph Stilwell also recently made the following trade(s):

• On Tuesday, November 19th, Joseph Stilwell sold 25,000 shares of Kingsway Financial Services stock. The shares were sold at an average price of $8.78, for a total value of $219,500.00.

Kingsway Financial Services Stock Up 1.0 %

Kingsway Financial Services stock opened at $8.47 on Monday. The business’s 50-day moving average price is $8.88 and its 200 day moving average price is $8.39. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 1.20. Kingsway Financial Services Inc. has a 52 week low of $7.60 and a 52 week high of $9.58.

Institutional Investors Weigh In On Kingsway Financial Services

Hedge funds and other institutional investors have recently made changes to their positions in the company. Annandale Capital LLC lifted its stake in shares of Kingsway Financial Services by 2.6% in the 2nd quarter. Annandale Capital LLC now owns 128,200 shares of the insurance provider’s stock valued at $1,056,000 after purchasing an additional 3,200 shares during the period. BNP Paribas Financial Markets increased its holdings in Kingsway Financial Services by 36.4% in the third quarter. BNP Paribas Financial Markets now owns 6,526 shares of the insurance provider’s stock valued at $54,000 after buying an additional 1,742 shares in the last quarter. Bard Associates Inc. raised its position in shares of Kingsway Financial Services by 0.6% in the third quarter. Bard Associates Inc. now owns 288,113 shares of the insurance provider’s stock worth $2,386,000 after acquiring an additional 1,848 shares during the period. Belpointe Asset Management LLC boosted its stake in shares of Kingsway Financial Services by 0.9% during the 2nd quarter. Belpointe Asset Management LLC now owns 413,593 shares of the insurance provider’s stock worth $3,408,000 after acquiring an additional 3,644 shares in the last quarter. Finally, Rhumbline Advisers grew its position in shares of Kingsway Financial Services by 25.8% during the 2nd quarter. Rhumbline Advisers now owns 12,352 shares of the insurance provider’s stock valued at $102,000 after acquiring an additional 2,534 shares during the period. Institutional investors and hedge funds own 72.38% of the company’s stock.

Kingsway Financial Services Company Profile

Kingsway Financial Services Inc, through its subsidiaries, engages in the extended warranty and business services in the United States. The company operates through two segments, Extended Warranty and Kingsway Search Xcelerator. The Extended Warranty segment markets, sells, and administers vehicle service agreements and related products for new and used automobiles, motorcycles, and ATVs.