Insider Selling: Reliance Global Group, Inc. (NASDAQ:RELI) VP Sells 3,001 Shares of Stock

Reliance Global Group, Inc. (NASDAQ:RELI) VP Yaakov Beyman sold 3,001 shares of the company’s stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $3.80, for a total transaction of $11,403.80. Following the completion of the sale, the vice president now directly owns 6,667 shares in the company, valued at $25,334.60. This represents a 31.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Reliance Global Group Price Performance

NASDAQ:RELI opened at $2.56 on Friday. Reliance Global Group, Inc. has a one year low of $1.17 and a one year high of $18.53. The company’s 50-day simple moving average is $1.90 and its 200 day simple moving average is $2.65.

Reliance Global Group Company Profile

Reliance Global Group, Inc focuses in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides agency services for insurance products in the healthcare and Medicare, personal and commercial, trucking, property and casualty, and insurance brokerage. The company was formerly known as Ethos Media Network, Inc and changed its name to Reliance Global Group, Inc in October 2018.