New insider activity at Tiptree Financial ( (TIPT) ) has taken place on March 27, 2025.
Neil Charles Rifkind, the General Counsel and Secretary, has sold 16,641 shares of Tiptree Financial stock, amounting to a total transaction value of $416,025.
Recent Updates on TIPT stock
Tiptree Financial Inc. reported a significant increase in total revenues for Q4 2024, reaching $503.6 million, a 12.8% rise from the previous year, and net income attributable to common stockholders climbed to $19.6 million. For the full year, total revenues were $2.04 billion, a 23.9% increase from 2023, with net income reaching $53.4 million. The growth was driven by an increase in insurance revenues, particularly from Fortegra’s specialty insurance lines, and improvements in mortgage operations. Despite a decrease in net written premiums for the quarter, the combined ratio improved, indicating efficient underwriting. The company declared a dividend of $0.06 per share, reflecting its commitment to shareholder value. Tiptree’s management remains focused on leveraging its diversified portfolio for future growth while maintaining a disciplined risk management approach.
More about Tiptree Financial
YTD Price Performance: 19.42%
Average Trading Volume: 126,194
Technical Sentiment Signal: Sell
Current Market Cap: $931.3M