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Federated National Holding Company Message Board

  • fabulouspoodle fabulouspoodle Mar 19, 2014 9:29 AM Flag

    More insider buying at FNHC...

    ...Bruce Simberg, Chairman of the Board, buys a total of 5,040 shares in the open market, on Friday 3/14 and Monday 3/17, at prices between $16.07 and $16.65.

    On a price to book basis, FNHC is still far cheaper than its Florida insurer comps.....FNHC would need to rise what, like 20% from current levels to even up with the likes of UVE, HCI, and UIHC on a price to book basis. FNHC has BY FAR the highest growth rate of the group, and the lowest PEG of the group.


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