Henrickson Nauta Wealth Advisors Inc. Acquires 31,800 Shares of Oxbridge Re Holdings Limited (NASDAQ:OXBR)

Henrickson Nauta Wealth Advisors Inc. boosted its holdings in shares of Oxbridge Re Holdings Limited (NASDAQ:OXBR) by 212.0% in the third quarter, Holdings Channel reports. The firm owned 46,800 shares of the insurance provider’s stock after purchasing an additional 31,800 shares during the quarter. Henrickson Nauta Wealth Advisors Inc.’s holdings in Oxbridge Re were worth $130,000 at the end of the most recent reporting period.

Oxbridge Re Price Performance

Shares of NASDAQ:OXBR traded up $0.20 during trading on Monday, reaching $2.65. The stock had a trading volume of 2,569 shares, compared to its average volume of 23,549. Oxbridge Re Holdings Limited has a 52 week low of $0.87 and a 52 week high of $3.72. The business’s 50-day moving average price is $2.42 and its 200 day moving average price is $2.12. The stock has a market capitalization of $15.92 million, a PE ratio of -1.32 and a beta of 0.95.

Oxbridge Re (NASDAQ:OXBR) last posted its quarterly earnings data on Thursday, August 8th. The insurance provider reported ($0.14) earnings per share for the quarter. The company had revenue of $0.04 million for the quarter.

Insider Buying and Selling

In other Oxbridge Re news, major shareholder Allan S. Martin sold 11,690 shares of Oxbridge Re stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $3.08, for a total transaction of $36,005.20. Following the completion of the sale, the insider now owns 269,631 shares of the company’s stock, valued at approximately $830,463.48. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, major shareholder Allan S. Martin sold 11,690 shares of the company’s stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $3.08, for a total value of $36,005.20. Following the completion of the transaction, the insider now directly owns 269,631 shares of the company’s stock, valued at approximately $830,463.48. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Allan S. Martin sold 11,433 shares of the company’s stock in a transaction on Friday, July 26th. The stock was sold at an average price of $3.09, for a total transaction of $35,327.97. Following the completion of the transaction, the insider now directly owns 292,420 shares of the company’s stock, valued at approximately $903,577.80. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 29,154 shares of company stock worth $89,725 in the last quarter. Insiders own 17.67% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Oxbridge Re in a research note on Saturday. They set a “hold” rating for the company.

About Oxbridge Re

Oxbridge Re Holdings Limited, through its subsidiaries, provides specialty property and casualty reinsurance solutions. The company underwrites collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States. It also issues reinsurance contracts through digital securities by blockchain technology.