The CEO of Third Point (TPRE) is Buying Shares

Today, the CEO of Third Point (TPRE), Daniel Malloy, bought shares of TPRE for $48.3K.

See today’s analyst top recommended stocks >>

Based on Third Point’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $215 million and quarterly net profit of $52.98 million. In comparison, last year the company earned revenue of $205 million and had a net profit of $19.6 million. Currently, Third Point has an average volume of 624.04K. The company has a one-year high of $13.70 and a one-year low of $8.85.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Third Point Reinsurance Ltd. is a holding company, which engages in the provision of insurance services. It offers underwriting solutions, investment management, and property and casualty reinsurance products. The company was founded by Daniel Seth Loeb and John R. Berger on October 6, 2011 and is headquartered in Pembroke, Bermuda.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts