Insider Trading Alert - UVE, SCOR And SLGN Traded By Insiders

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Friday, May 8, 2015, 68 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $1,023.75 to $5,610,306.91.

Highlighted Stocks Traded by Insiders:

Universal Insurance Holdings (UVE) - FREE Research Report

Springer Jon, who is EVP and COO at Universal Insurance Holdings, sold 6,000 shares at $26.89 on May 8, 2015. Following this transaction, the EVP and COO owned 407,279 shares meaning that the stake was reduced by 1.45% with the 6,000-share transaction.

The shares most recently traded at $27.26, up $0.37, or 1.36% since the insider transaction. Historical insider transactions for Universal Insurance Holdings go as follows:

  • 4-Week # shares bought: 1,500
  • 4-Week # shares sold: 35,000
  • 12-Week # shares bought: 1,500
  • 12-Week # shares sold: 151,228
  • 24-Week # shares bought: 1,500
  • 24-Week # shares sold: 296,748

The average volume for Universal Insurance Holdings has been 365,800 shares per day over the past 30 days. Universal Insurance Holdings has a market cap of $974.0 million and is part of the financial sector and insurance industry. Shares are up 32.86% year-to-date as of the close of trading on Friday.

Universal Insurance Holdings, Inc., through its subsidiaries, provides various property and casualty insurance products. The company primarily underwrites homeowners' insurance products; and offers reinsurance intermediary brokerage services. The stock currently has a dividend yield of 1.77%. The company has a P/E ratio of 11.7. Currently, there are no analysts who rate Universal Insurance Holdings a buy, no analysts rate it a sell, and 1 rates it a hold.

Exclusive Offer: Get the latest Stock Analysis on UVE - FREE

TheStreet Quant Ratings rates Universal Insurance Holdings as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Universal Insurance Holdings Ratings Report from TheStreet Quant Ratings now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

If you liked this article you might like

Hurricane Irma Could Total $40 Billion in Insurance Claims: Why That's Good News