Joseph Stilwell Sells 365,000 Shares of Kingsway Financial Services Inc. (NYSE:KFS) Stock

Kingsway Financial Services Inc. (NYSE:KFS) (TSE:KFS) Director Joseph Stilwell sold 365,000 shares of Kingsway Financial Services stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $8.43, for a total value of $3,076,950.00. Following the completion of the transaction, the director now owns 593,743 shares of the company’s stock, valued at approximately $5,005,253.49. The trade was a 38.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Joseph Stilwell also recently made the following trade(s):

• On Tuesday, November 19th, Joseph Stilwell sold 25,000 shares of Kingsway Financial Services stock. The stock was sold at an average price of $8.78, for a total value of $219,500.00.

Kingsway Financial Services Price Performance

Shares of KFS opened at $8.47 on Friday. Kingsway Financial Services Inc. has a 12 month low of $7.60 and a 12 month high of $9.58. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.41 and a current ratio of 0.41. The stock has a fifty day moving average price of $8.88 and a 200 day moving average price of $8.39.

Hedge Funds Weigh In On Kingsway Financial Services

Several institutional investors have recently modified their holdings of the company. Annandale Capital LLC boosted its stake in Kingsway Financial Services by 2.6% during the 2nd quarter. Annandale Capital LLC now owns 128,200 shares of the insurance provider’s stock valued at $1,056,000 after purchasing an additional 3,200 shares during the period. BNP Paribas Financial Markets boosted its position in shares of Kingsway Financial Services by 36.4% during the third quarter. BNP Paribas Financial Markets now owns 6,526 shares of the insurance provider’s stock worth $54,000 after buying an additional 1,742 shares during the period. Bard Associates Inc. boosted its position in shares of Kingsway Financial Services by 0.6% during the third quarter. Bard Associates Inc. now owns 288,113 shares of the insurance provider’s stock worth $2,386,000 after buying an additional 1,848 shares during the period. Belpointe Asset Management LLC grew its holdings in Kingsway Financial Services by 0.9% in the 2nd quarter. Belpointe Asset Management LLC now owns 413,593 shares of the insurance provider’s stock worth $3,408,000 after buying an additional 3,644 shares in the last quarter. Finally, Rhumbline Advisers increased its position in Kingsway Financial Services by 25.8% in the 2nd quarter. Rhumbline Advisers now owns 12,352 shares of the insurance provider’s stock valued at $102,000 after acquiring an additional 2,534 shares during the period. Institutional investors own 72.38% of the company’s stock.

Kingsway Financial Services Company Profile

Kingsway Financial Services Inc, through its subsidiaries, engages in the extended warranty and business services in the United States. The company operates through two segments, Extended Warranty and Kingsway Search Xcelerator. The Extended Warranty segment markets, sells, and administers vehicle service agreements and related products for new and used automobiles, motorcycles, and ATVs.