Insider Trading Alert: National Security Group, Inc. $NSEC

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National Security Group, Inc. (NSEC) insider have most recently took part in a trading activity. On Jan 11, 2018 Mcleod Brian R, CFO bought 342 shares having total worth of $5,540 at the price of $16.2 per share, following the transaction a total of 26,465 shares owned by Mcleod Brian R. Before this latest buy, Mcleod Brian R purchased NSEC at 1 other times during the past twelve months, for a total investment of $4,083 at an average of $13.61 per share.

The stock has experienced a total of 7 insider trades in the past three months. These trades include 1 sell activities and 6 buy trades. Furthermore, over the past 12 months , the stock was traded 14 times by insiders. In 1 of these trades, the insider was a seller while an employee of the company was the buyer in 13 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 6 1 22.63%
12 Month 13 1 -15.2%

Shares of National Security Group, Inc. (NSEC) traded down 0.92% on Jan 4, 2018, hitting $16.2. 700 shares of the company’s stock traded hands. National Security Group, Inc. has a 52 week low of $11.89 and a 52 week high of $20.48. The company’s market cap is $45 million.

National Security Group, Inc. (NSEC) last announced its earnings results on Nov 13, 2017. The company reported -0.22 earnings per share (EPS) for the quarter. The company had revenue of $17 million for the quarter During the same quarter in the previous year, the company posted 0.37 earnings per share. The company’s revenue for the quarter was down 3% on a year-over-year basis.

2017-11-13 2017-08-11 2017-02-28 2016-08-12 2016-02-26 2015-11-13 2015-05-14 2015-02-26 2014-11-13 2014-07-04
earnings per share -0.22 -0.39 -0.04 0.52 0.46 0.64 0.52 1.15 0.72 0.78
Revenue(M) 16.63 16.48 16.81 16.65 15.9 16.1 15.98 0 15.5 17.16

The National Security Group, Inc was incorporated in Delaware on March 20, 1990. It is an insurance holding company offers property, casualty and life insurance products and services in the United States. The Company, through its three wholly owned subsidiaries, operates in two industry segments; property & casualty insurance and life insurance. The Property & casualty insurance segment writes personal lines coverage including dwelling fire and windstorm, homeowners, mobile homeowners, and personal non-standard automobile lines of insurance. This segment is conducted through National Security Fire & Casualty Company (NSFC), and Omega One Insurance Company (Omega). NSFC is licensed to write insurance in Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, Oklahoma, South Carolina, Tennessee and West Virginia, and operates on a surplus lines basis in the states of Louisiana, Missouri, and Texas. Omega is licensed to write insurance in Alabama and Louisiana. The property-casualty insurance business involves the transfer of all or a portion of certain risks for the payment and a premium by the insured to an insurance company. The Company’s life insurance subsidiary, National Security Insurance Company (NSIC), offers a basic line of life and health and accident insurance products in six states; Alabama, Florida, Georgia, Mississippi, South Carolina, and Texas. The products of the National Security Insurance Company are marketed through a field force of agents and service representatives who are employees of the Life insurance segment and through a network of independent agents. It competes with many insurance companies of greater financial resources, including stock and mutual insurance companies. The Company’s insurance subsidiaries are directly regulated by the insurance department in the state of domicile, Alabama.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.