A Director at United Insurance Holdings (UIHC) is Selling Shares


Today, a Director at United Insurance Holdings (UIHC), Kern Michael Davis, sold shares of UIHC for $1.02M.

In addition to Kern Michael Davis, 17 other UIHC executives reported Sell trades in the last month. This is Davis’ first Sell trade following 7 Buy transactions.

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Based on United Insurance Holdings’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $195 million and GAAP net loss of $11.07 million. In comparison, last year the company earned revenue of $183 million and had a net profit of $27 million. UIHC’s market cap is $699.8M and the company has a P/E ratio of 2543.75. Currently, United Insurance Holdings has an average volume of 79.56K.

In the last 30 days, insiders have sold $2.38M worth of UIHC shares and purchased $1.29M worth of UIHC shares. The insider sentiment on United Insurance Holdings has been negative according to 41 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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United Insurance Holdings Corp. engages in the homeowners property and casualty insurance business, through wholly-owned insurance subsidiaries. Its products consist of condominium, investor property, identity theft, renters flood, commercial residential, and special coverages. The company was founded in May 2007 and is headquartered in St. Petersburg, FL.

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