Yehuda Neuberger Purchases 41,716 Shares of Maiden Holdings, Ltd. (MHLD) Stock

Maiden Holdings, Ltd. (NASDAQ:MHLD) Director Yehuda Neuberger bought 41,716 shares of the firm’s stock in a transaction that occurred on Wednesday, March 27th. The stock was bought at an average price of $0.78 per share, for a total transaction of $32,538.48. Following the completion of the acquisition, the director now directly owns 71,100 shares in the company, valued at $55,458. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Yehuda Neuberger also recently made the following trade(s):

  • On Friday, March 29th, Yehuda Neuberger bought 111,917 shares of Maiden stock. The stock was bought at an average price of $0.81 per share, for a total transaction of $90,652.77.

Shares of NASDAQ MHLD opened at $0.70 on Friday. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 2.83. Maiden Holdings, Ltd. has a 52-week low of $0.61 and a 52-week high of $9.10.

Maiden (NASDAQ:MHLD) last issued its earnings results on Friday, March 15th. The insurance provider reported ($2.56) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.02) by ($2.54). The business had revenue of $521.71 million during the quarter. Maiden had a negative return on equity of 97.94% and a negative net margin of 21.64%.

Separately, B. Riley decreased their target price on Maiden from $2.50 to $1.00 and set a “neutral” rating on the stock in a report on Tuesday, March 5th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $4.50.

Several institutional investors have recently modified their holdings of the company. Municipal Employees Retirement System of Michigan bought a new position in shares of Maiden in the fourth quarter worth about $32,000. Squarepoint Ops LLC bought a new position in shares of Maiden in the fourth quarter worth about $33,000. Oregon Public Employees Retirement Fund bought a new position in shares of Maiden in the fourth quarter worth about $43,000. LPL Financial LLC bought a new position in shares of Maiden in the fourth quarter worth about $56,000. Finally, Magnus Financial Group LLC bought a new position in shares of Maiden in the fourth quarter worth about $64,000. 52.47% of the stock is owned by institutional investors and hedge funds.

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About Maiden

Maiden Holdings, Ltd., through its subsidiaries, provides reinsurance solutions to regional and specialty insurers in the United States, Europe, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The Diversified Reinsurance segment offers property and casualty reinsurance, including the writing of treaties on a quota share or excess of loss basis; and facultative risks, which are marketed through third-party intermediaries and on a direct basis.

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