Heritage Insurance Holdings Inc. (HRTG, Financial) Chairman and CEOÂ Bruce Lucas bought 15,700 shares on June 14 at a price of $12.47 per share. The total transaction amount was $195,779.
Heritage Insurance Holdings has a market cap of $382.720 million; its shares were traded around $12.83 with a P/E ratio of 5.56 and P/S ratio of 1.02. Heritage Insurance Holdings'Â trailing 12-month dividend yield is 1.24%. The forward dividend yield is 1.96%.
Heritage Insurance Holdings' stock price has dropped to around $13 per share, almost its initial price of $11.50 per share in 2014. However, the company’s revenue and net income have increased.
GuruFocus has not found any severe warning signs for Heritage Insurance Holdings.
Heritage Insurance Holdings reported its 2016 first quarter financial results. The company announced that it earned $106.3 million worth of net premiums, a 5% increase from last year’s $101.5 million. Heritage Insurance Holdings also declared net income of $7.4 million, which is a 75% decrease from last year’s $30.1 million.
Recent trades
Lucas bought 34,200 shares of Heritage Insurance Holdings stock in May and June. CFO, Treasurer and Secretary Stephen L. Rohde bought 3,000 shares of Heritage Insurance Holdings stock on May 9 at the price of $13.4. Director Nicholas George Pappas, Director Panagiotis Apostolou and Director Irini Barlas together bought 10,152 shares of Heritage Insurance Holdings stock in June. Director Joseph Vattamattam sold 12,500 shares of Heritage Insurance Holdings stock altogether in March and April.
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