Insider Sell: Corey Ruehle Sells Shares of United Fire Group Inc (UFCS)

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5 days ago
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On December 19, 2024, Corey Ruehle, Vice President & Chief Claims Officer at United Fire & Casualty Company, a subsidiary of United Fire Group Inc (UFCS, Financial), sold 2,664 shares of the company. Following this transaction, the insider now owns 12,522.9116 shares of the company. The details of this transaction can be found in the SEC Filing. United Fire Group Inc is a publicly traded company that provides insurance protection for individuals and businesses through a select group of independent insurance agents. The company offers a range of insurance products, including property and casualty insurance, life insurance, and annuities. 1869897152575205376.png The insider transaction history for United Fire Group Inc shows a balanced activity over the past year, with 6 insider buys and 6 insider sells. This indicates a neutral sentiment among insiders regarding the company's stock. On the day of the recent sell by Corey Ruehle, shares of United Fire Group Inc were trading at $29.6, giving the stock a market cap of $747.341 million. The company's price-earnings ratio stands at 15.20, which is higher than the industry median of 11.43 but lower than the company's historical median price-earnings ratio. 1869897180035313664.png The GF Value for United Fire Group Inc is estimated at $26.83, resulting in a price-to-GF-Value ratio of 1.1. This suggests that the stock is fairly valued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company's past returns and growth, as well as future estimates of business performance from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

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