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

Kingsway Financial Services Inc. (NYSE:KFS) (TSE:KFS) Director Joseph Stilwell sold 365,000 shares of Kingsway Financial Services stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $8.43, for a total value of $3,076,950.00. Following the sale, the director now directly owns 593,743 shares in the company, valued at approximately $5,005,253.49. This trade represents a 38.07 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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 Stock Performance

KFS opened at $8.47 on Friday. Kingsway Financial Services Inc. has a fifty-two week low of $7.60 and a fifty-two week high of $9.58. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 1.20. The firm’s fifty day moving average price is $8.89 and its two-hundred day moving average price is $8.38.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Barclays PLC raised its holdings in shares of Kingsway Financial Services by 325.5% in the third quarter. Barclays PLC now owns 18,269 shares of the insurance provider’s stock valued at $150,000 after buying an additional 13,975 shares during the last quarter. Geode Capital Management LLC increased its position in Kingsway Financial Services by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 347,235 shares of the insurance provider’s stock valued at $2,875,000 after acquiring an additional 6,941 shares in the last quarter. State Street Corp raised its stake in shares of Kingsway Financial Services by 4.8% in the third quarter. State Street Corp now owns 151,477 shares of the insurance provider’s stock worth $1,254,000 after acquiring an additional 6,877 shares during the last quarter. BNP Paribas Financial Markets lifted 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 purchasing an additional 1,742 shares in the last quarter. Finally, Bard Associates Inc. grew its stake 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 valued at $2,386,000 after purchasing an additional 1,848 shares during the last quarter. 72.38% of the stock is owned by institutional investors.

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.