CEO of Ambac Financial Group Inc. (AMBC, Financial) Tavakoli Nader bought 38,855 shares on June 14 at a price of $15.98 per share. The total transaction amount was $620,903.
Ambac Financial Group has a market cap of $713.540 million; its shares were traded around $15.84 with a P/E ratio of 2.40 and P/S ratio of 1.37.
Ambac Financial Group stock prices are recovering from their all-time low of about $12 per share around the beginning of this year.
GuruFocus has not found any severe warning signs for AMBC.
Ambac Financial Group reported first-quarter net income of $9.4 million. This is compared to the company’s 2015 fourth quarter net income of $387.0 million. Ambac Financial Group also declared net premiums earned of $52.8 million compared to the 2015 fourth quarter’s $114.5 million
Recent trades
CEO Tavakoli Nader bought 161,341 shares of Ambac Financial Group stock altogether from January to June. Director Alexander David Greene, Director David L Herzog and Director Jeffrey Scott Stein bought 27,320 shares of Ambac Financial Group stock altogether in January, March and April.
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