Joseph Stilwell Sells 25,000 Shares of Kingsway Financial Services Inc. (NYSE:KFS) Stock

Kingsway Financial Services Inc. (NYSE:KFS) (TSE:KFS) Director Joseph Stilwell sold 25,000 shares of the business’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $8.78, for a total transaction of $219,500.00. Following the completion of the transaction, the director now directly owns 636,159 shares in the company, valued at $5,585,476.02. This represents a 3.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Kingsway Financial Services Stock Down 0.4 %

Shares of NYSE KFS opened at $8.97 on Friday. Kingsway Financial Services Inc. has a one year low of $7.10 and a one year high of $9.58. The company’s fifty day moving average is $8.70 and its two-hundred day moving average is $8.32. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.41 and a current ratio of 0.41.

Institutional Investors Weigh In On Kingsway Financial Services

Several institutional investors have recently made changes to their positions in the stock. Swedbank AB purchased a new stake in shares of Kingsway Financial Services in the 1st quarter worth about $2,085,000. Annandale Capital LLC raised its stake in 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 last quarter. Vanguard Group Inc. raised its stake in Kingsway Financial Services by 3.2% in the 1st quarter. Vanguard Group Inc. now owns 487,353 shares of the insurance provider’s stock valued at $4,065,000 after purchasing an additional 14,981 shares during the last quarter. Bard Associates Inc. raised its stake in Kingsway Financial Services by 0.6% in the 3rd quarter. Bard Associates Inc. now owns 288,113 shares of the insurance provider’s stock valued at $2,386,000 after purchasing an additional 1,848 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its stake in Kingsway Financial Services by 193.0% in the 1st quarter. BNP Paribas Financial Markets now owns 9,679 shares of the insurance provider’s stock valued at $81,000 after purchasing an additional 6,376 shares during the last quarter. 72.38% of the stock is currently owned by hedge funds and other institutional investors.

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.