Reliance Global Group, Inc. (NASDAQ:RELI) Director Alex Blumenfrucht Sells 5,236 Shares of Stock

Reliance Global Group, Inc. (NASDAQ:RELI) Director Alex Blumenfrucht sold 5,236 shares of the firm’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $3.69, for a total transaction of $19,320.84. Following the completion of the sale, the director now owns 484 shares of the company’s stock, valued at $1,785.96. The trade was a 91.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Reliance Global Group Price Performance

RELI stock opened at $2.66 on Friday. The company’s 50-day moving average is $1.85 and its 200-day moving average is $2.85. Reliance Global Group, Inc. has a 1 year low of $1.17 and a 1 year high of $18.53.

Reliance Global Group Company Profile

Reliance Global Group, Inc focuses in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides agency services for insurance products in the healthcare and Medicare, personal and commercial, trucking, property and casualty, and insurance brokerage. The company was formerly known as Ethos Media Network, Inc and changed its name to Reliance Global Group, Inc in October 2018.