The CFO, Principal Acct. Officer of Universal Insurance Holdings Inc (UVE) is Buying Shares


Today, the CFO, Principal Acct. Officer of Universal Insurance Holdings Inc (UVE), Frank Wilcox, bought shares of UVE for $22.53K.

In addition to Frank Wilcox, one other UVE executive reported Buy trades in the last month.

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Based on Universal Insurance Holdings Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $224 million and GAAP net loss of $6.47 million. In comparison, last year the company earned revenue of $201 million and had a net profit of $36.4 million. UVE’s market cap is $1.1B and the company has a P/E ratio of 9.65. Currently, Universal Insurance Holdings Inc has an average volume of 408.1K.

The insider sentiment on Universal Insurance Holdings Inc has been negative according to 48 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Frank Wilcox’s trades have generated a 31.8% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Universal Insurance Holdings, Inc. is a vertically integrated insurance holding company, which through its subsidiaries, covers substantially all aspects of insurance underwriting, distribution, claims processing and exposure management services. The company was founded by Bradley I. Meier on November 13, 1990 and is headquartered in Fort Lauderdale, FL.

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