Conifer Holdings Inc (NASDAQ: CNFR) is 32.74% higher on its value in year-to-date trading and has touched a low of $0.65 and a high of $1.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CNFR stock was last observed hovering at around $1.15 in the last trading session, with the day’s gains setting it 0.31%.
Currently trading at $1.46, the stock is 79.61% and 74.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 44.25 million and changing 26.96% at the moment leaves the stock 40.38% off its SMA200. CNFR registered -5.81% loss for a year compared to 6-month loss of 6.57%.
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The stock witnessed a 108.57% gain in the last 1 month and extending the period to 3 months gives it a 41.75%, and is 124.44% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 26.62% over the week and 17.87% over the month.
Conifer Holdings Inc (CNFR) has around 94 employees, a market worth around $17.84M and $99.18M in sales. Profit margin for the company is -26.10%. Distance from 52-week low is 124.62% and -2.67% from its 52-week high. The company has generated returns on investments over the last 12 months (-109.37%).
Conifer Holdings Inc quarterly earnings per share for the current quarter are estimated at 0.0 with sales reaching $15.33M over the same period., but quarterly earnings will post -24.70% year-over-year. Quarterly sales are estimated to shrink -31.10% in year-over-year returns.
14.0 institutions hold shares in Conifer Holdings Inc (CNFR), with institutional investors hold 62.26% of the company’s shares. The shares outstanding are 12.22M, and float is at 3.39M with Short Float at 0.54%. Institutions hold 34.51% of the Float.
The top institutional shareholder in the company is AEGIS FINANCIAL CORP with over 0.47 million shares valued at $0.36 million. The investor’s holdings represent 3.8822 of the CNFR Shares outstanding. As of 2024-06-30, the second largest holder is IAT REINSURANCE CO LTD. with 0.25 million shares valued at $0.19 million to account for 2.0453 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 33708.0 shares representing 0.2758 and valued at over $25298.0, while GEODE CAPITAL MANAGEMENT, LLC holds 0.145 of the shares totaling 17728.0 with a market value of $15173.0.
Conifer Holdings Inc (CNFR) Insider Activity
The most recent transaction is an insider purchase by Hakala Jeffrey Anthony, the company’s Director. SEC filings show that Hakala Jeffrey Anthony bought 1,000 shares of the company’s common stock on Dec 20 ’23 at a price of $6.00 per share for a total of $6000.0. Following the purchase, the insider now owns 1000.0 shares.
Conifer Holdings Inc disclosed in a document filed with the SEC on Dec 20 ’23 that Hakala Gerald W (Director) bought a total of 1,000 shares of the company’s common stock. The trade occurred on Dec 20 ’23 and was made at $6.00 per share for $6000.0. Following the transaction, the insider now directly holds 1000.0 shares of the CNFR stock.
