Global Indemnity Group, LLC (NASDAQ:GBLI) Director Gary Charles Tolman Buys 1,500 Shares of Stock

Global Indemnity Group, LLC (NASDAQ:GBLIGet Rating) Director Gary Charles Tolman acquired 1,500 shares of the firm’s stock in a transaction dated Thursday, November 17th. The shares were purchased at an average price of $23.60 per share, with a total value of $35,400.00. Following the acquisition, the director now owns 5,599 shares of the company’s stock, valued at $132,136.40. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Gary Charles Tolman also recently made the following trade(s):

  • On Monday, November 14th, Gary Charles Tolman acquired 333 shares of Global Indemnity Group stock. The shares were purchased at an average price of $24.50 per share, with a total value of $8,158.50.
  • On Friday, November 11th, Gary Charles Tolman acquired 666 shares of Global Indemnity Group stock. The shares were purchased at an average price of $24.58 per share, with a total value of $16,370.28.

Global Indemnity Group Stock Performance

Shares of GBLI opened at $24.25 on Tuesday. The stock has a market capitalization of $354.54 million, a price-to-earnings ratio of 14.60 and a beta of 0.35. The stock’s 50-day simple moving average is $22.80 and its 200 day simple moving average is $24.86. Global Indemnity Group, LLC has a 52-week low of $20.52 and a 52-week high of $27.66.

Global Indemnity Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 11th. Shareholders of record on Tuesday, October 4th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 4.12%. The ex-dividend date was Monday, October 3rd. Global Indemnity Group’s dividend payout ratio (DPR) is currently 69.44%.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on Global Indemnity Group in a report on Monday. They set a “hold” rating for the company.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. First Republic Investment Management Inc. purchased a new position in Global Indemnity Group during the second quarter valued at $259,000. Cullen Frost Bankers Inc. lifted its position in Global Indemnity Group by 22.2% during the first quarter. Cullen Frost Bankers Inc. now owns 11,000 shares of the insurance provider’s stock valued at $287,000 after purchasing an additional 2,000 shares in the last quarter. RBF Capital LLC purchased a new position in shares of Global Indemnity Group in the first quarter valued at about $533,000. Renaissance Technologies LLC lifted its position in shares of Global Indemnity Group by 7.1% in the first quarter. Renaissance Technologies LLC now owns 84,134 shares of the insurance provider’s stock valued at $2,195,000 after acquiring an additional 5,600 shares in the last quarter. Finally, Berkley W R Corp bought a new position in shares of Global Indemnity Group during the 1st quarter valued at approximately $15,427,000. Hedge funds and other institutional investors own 49.28% of the company’s stock.

Global Indemnity Group Company Profile

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Global Indemnity Group, LLC, through its subsidiaries, provides specialty property and casualty insurance and reinsurance products worldwide. It operates through Commercial Specialty; Farm, Ranch, & Stable; and Reinsurance Operations segments. The Commercial Specialty segment distributes property, general liability, casualty, and professional lines products.

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Insider Buying and Selling by Quarter for Global Indemnity Group (NASDAQ:GBLI)

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