On December 20, 2024, Jon Springer, Director at Universal Insurance Holdings Inc (UVE, Financial), sold 25,000 shares of the company, as reported in a SEC Filing. Following this transaction, the insider now owns 358,228 shares of the company.
Universal Insurance Holdings Inc (UVE) is a vertically integrated insurance holding company that, through its subsidiaries, offers property and casualty insurance. The company primarily operates in the United States, providing homeowners insurance, renters insurance, and other related products.
Over the past year, Jon Springer has sold a total of 172,940 shares and has not purchased any shares. The insider transaction history for Universal Insurance Holdings Inc indicates that there have been 0 insider buys and 15 insider sells over the same period.
On the day of the recent sale, shares of Universal Insurance Holdings Inc were trading at $20.66, giving the stock a market cap of $587.508 million. The company's price-earnings ratio stands at 8.44, which is lower than the industry median of 11.285 and also lower than the company’s historical median price-earnings ratio.
With a price of $20.66 and a GF Value of $17.79, Universal Insurance Holdings Inc has a price-to-GF-Value ratio of 1.16, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and 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.
