Guess Who Just Picked Up Tiptree Inc. (NASDAQ:TIPT) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC),...
Stay Ahead of the
Stock Market Game!
Subscribe to Small Cap
Exclusive for more

trending

MDVL Stock Price is up 73%, can it go higher? URGENT...
Exicure XCUR has been on fire lately, up almost 50% ...
Pacific Biosciences of California Inc. (NASDAQ:PACB)...

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Tiptree Inc. (NASDAQ:TIPT) reported that Nomura Holdings Inc. has picked up 2,273,701 of common stock as of 2017-03-28.

The acquisition brings the aggregate amount owned by Nomura Holdings Inc. to a total of 2,273,701 representing a 7.99% stake in the company.

For those not familiar with the company, Tiptree Inc., formerly Tiptree Financial Inc., is a diversified holding company that acquires and manages controlling interests of operating businesses. The Company conducts its operations through Tiptree Operating Company, LLC (the Operating Company). It operates through five segments: insurance and insurance services, specialty finance, real estate, asset management, and corporate and other. The insurance and insurance services segment operates through Fortegra Financial Corporation. The specialty finance segment operates through Siena Capital Finance LLC and Luxury Mortgage Corp. The real estate segment operates through Care LLC. The asset management segment operations include Telos Asset Management’s management of collateralized loan obligations and Muni Capital Management’s management of Non-Profit Preferred Funding Trust I. The corporate and other segment operations include Tiptree Direct Holdings LLC (TDH) and Muni Funding Company of America LLC (MFCA).

A glance at Tiptree Inc. (NASDAQ:TIPT)’s key stats reveals a current market capitalization of 202.17 Million based on 28.47 Million shares outstanding and a price at last close of $7.10 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-03-24, Ilany picked up 4,000 at a purchase price of $6.70. This brings their total holding to 58,419 as of the date of the filing.

On the sell side, the most recent transaction saw Bell unload 66 shares at a sale price of $6.50. This brings their total holding to 42,987.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Tiptree Inc. (NASDAQ:TIPT) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

 

 

 

Stay in the lopp :

Envirotech Vehicles EVTV Stock Price | 100% g...

EVTV Stock Price has been breaking it's trend with large volume and a 97% change in PPS in 4 days. Wondering why this

MLTX Stock Price is so consistent, can it go ...

MoonLake Immunotherapeutics MLTX stock price is up 45% in the last 5 days & volume isaverage, but is it over

Cara Therapeutics Continues to Climb (NASDAQ:...
CARA We think Cara Therapeutics (NASDAQ: CARA), a boutique “clinical stage” biotech/biopharma firm which develops novel compounds (including

related post

Skip to content