1347 Property Insurance (PIH) Getting Somewhat Favorable Media Coverage, Analysis Shows

News stories about 1347 Property Insurance (NASDAQ:PIH) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. 1347 Property Insurance earned a coverage optimism score of 0.20 on Accern’s scale. Accern also assigned news coverage about the insurance provider an impact score of 46.4255739202618 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Shares of 1347 Property Insurance (NASDAQ:PIH) remained flat at $$7.20 on Friday. The stock had a trading volume of 6,000 shares, compared to its average volume of 12,148. The firm has a market cap of $43.09, a PE ratio of 90.00 and a beta of 0.31. 1347 Property Insurance has a 52 week low of $6.50 and a 52 week high of $9.00.

Separately, TheStreet upgraded 1347 Property Insurance from a “c” rating to a “b” rating in a research report on Monday, October 9th.

In other news, CEO Douglas N. Raucy purchased 5,000 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The stock was bought at an average cost of $7.69 per share, with a total value of $38,450.00. Following the completion of the purchase, the chief executive officer now owns 20,000 shares in the company, valued at $153,800. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Financial Services In Kingsway sold 475,428 shares of the stock in a transaction that occurred on Wednesday, October 25th. The shares were sold at an average price of $7.85, for a total value of $3,732,109.80. The disclosure for this sale can be found here. In the last ninety days, insiders bought 492,105 shares of company stock valued at $3,856,864. Corporate insiders own 28.10% of the company’s stock.

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About 1347 Property Insurance

1347 Property Insurance Holdings, Inc is a holding company. The Company, through its subsidiaries, is engaged providing property and casualty insurance. The Company offers homeowners’ insurance, manufactured home insurance and dwelling fire insurance. It writes both full peril property policies, as well as wind/hail only exposures and it distributes policies through independent insurance agents.

Insider Buying and Selling by Quarter for 1347 Property Insurance (NASDAQ:PIH)

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