10,510 Shares in Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Purchased by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC bought a new position in Greenlight Capital Re, Ltd. (NASDAQ:GLRE) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 10,510 shares of the financial services provider’s stock, valued at approximately $138,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ridgewood Investments LLC acquired a new stake in shares of Greenlight Capital Re in the 2nd quarter worth about $37,000. CWM LLC raised its holdings in shares of Greenlight Capital Re by 37.3% in the 2nd quarter. CWM LLC now owns 3,702 shares of the financial services provider’s stock worth $48,000 after acquiring an additional 1,005 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in shares of Greenlight Capital Re in the 4th quarter worth about $218,000. Allspring Global Investments Holdings LLC raised its holdings in shares of Greenlight Capital Re by 85.7% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 20,877 shares of the financial services provider’s stock worth $273,000 after acquiring an additional 9,633 shares during the last quarter. Finally, ADAR1 Capital Management LLC acquired a new stake in shares of Greenlight Capital Re in the 4th quarter worth about $389,000. Institutional investors and hedge funds own 41.52% of the company’s stock.

Insider Activity

In other news, Director Ian Isaacs sold 7,159 shares of the stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $13.81, for a total transaction of $98,865.79. Following the completion of the transaction, the director now directly owns 86,984 shares of the company’s stock, valued at approximately $1,201,249.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 22.79% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Greenlight Capital Re from a “buy” rating to a “hold” rating in a research report on Thursday, August 15th.

Greenlight Capital Re Trading Down 0.4 %

Shares of GLRE stock opened at $13.65 on Tuesday. Greenlight Capital Re, Ltd. has a 52-week low of $10.49 and a 52-week high of $14.31. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.00 and a current ratio of 3.00. The company has a 50-day simple moving average of $13.50 and a two-hundred day simple moving average of $12.97. The company has a market capitalization of $482.13 million, a price-to-earnings ratio of 4.57 and a beta of 0.86.

Greenlight Capital Re (NASDAQ:GLRE) last released its earnings results on Tuesday, August 6th. The financial services provider reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.02). Greenlight Capital Re had a net margin of 9.60% and a return on equity of 10.88%. The company had revenue of $174.86 million for the quarter.

Greenlight Capital Re Profile

Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. The company offers various property reinsurance products and services, including automobile physical damage, personal lines, and commercial lines. It also provides casualty reinsurance products and services comprising general liability, motor liability, professional liability, and worker's compensation; and accident and health, transactional liability, mortgage insurance, surety, trade credit, marine, and energy, as well as other specialty products, such as aviation, crop, cyber, political, and terrorism products.