Insider Selling: Reliance Global Group, Inc. (NASDAQ:RELI) Director Sells $19,320.84 in Stock

Reliance Global Group, Inc. (NASDAQ:RELIGet Free Report) Director Alex Blumenfrucht sold 5,236 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $3.69, for a total value of $19,320.84. Following the completion of the transaction, the director now directly owns 484 shares of the company’s stock, valued at $1,785.96. This trade represents a 91.54 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Reliance Global Group Price Performance

RELI stock opened at $2.38 on Friday. The company’s 50 day moving average is $1.84 and its two-hundred day moving average is $2.84. Reliance Global Group, Inc. has a twelve month low of $1.17 and a twelve month high of $18.53.

Reliance Global Group Company Profile

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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.

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