NI Holdings Inc (NASDAQ:NODK) CEO Michael J. Alexander purchased 1,000 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were purchased at an average cost of $13.96 per share, for a total transaction of $13,960.00.
NI stock traded up $0.26 during midday trading on Friday, hitting $13.82. 250 shares of the company’s stock were exchanged, compared to its average volume of 23,996. The stock has a market cap of $294.89 million, a price-to-earnings ratio of 34.00 and a beta of 0.19. NI Holdings Inc has a 12-month low of $10.15 and a 12-month high of $19.64. The firm’s 50 day simple moving average is $12.45 and its 200 day simple moving average is $14.83.
NI (NASDAQ:NODK) last announced its earnings results on Wednesday, March 11th. The company reported $0.77 earnings per share for the quarter. The business had revenue of $71.31 million during the quarter. NI had a net margin of 3.53% and a return on equity of 2.66%.
Separately, BidaskClub lowered shares of NI from a “hold” rating to a “sell” rating in a research report on Friday, May 15th.
NI Holdings, Inc underwrites property and casualty insurance products in North Dakota, South Dakota, Nebraska, Minnesota, Nevada, Arizona, and Illinois. Its products include multi-peril crop, crop hail, private passenger automobile, farm owners, homeowners, and commercial property and liability insurance policies, as well as non-standard automobile insurance products.
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