Allan Martin sells $10,605 in Oxbridge Re Holdings (OXBR)

Published 19/09/2025, 15:12
Allan Martin sells $10,605 in Oxbridge Re Holdings (OXBR)

Allan Martin, a ten percent owner of OXBRIDGE RE HOLDINGS Ltd (NASDAQ:OXBR), sold 4,328 ordinary shares of the company on September 16, 2025, at a price of $2.4505, for a total transaction value of $10,605. The transaction occurred slightly below the current trading price of $2.54, with the stock showing significant volatility over the past year, trading between $1.27 and $5.81. According to InvestingPro analysis, OXBR’s market capitalization stands at $18.76 million, with the company maintaining a healthy current ratio of 3.54.

Following the transaction, Martin directly holds 216,803 ordinary shares jointly with his wife, Marie Martin. He also indirectly holds 68,770 shares through Fleur de Lis Partners, LLLP, where he serves as the general partner, and 102,223 shares through the Martin Family Foundation, Inc., where he is a director. Martin disclaims beneficial ownership of these indirectly held shares except to the extent of his pecuniary interest. InvestingPro reveals 11 additional key insights about OXBR, including expected revenue growth and profitability forecasts for the current year. Get the complete analysis and detailed Fair Value assessment with an InvestingPro subscription.

In other recent news, Oxbridge Re Holdings Ltd reported a significant earnings miss for the second quarter of 2025. The company posted an earnings per share (EPS) of -$0.25, which fell short of the analyst forecast of $0.02. This resulted in a negative earnings surprise of 1,350%. Additionally, Oxbridge Re’s revenue was reported at $664,000, missing the expected $1.1 million mark. In related developments, shareholders approved the company’s 2025 Omnibus Incentive Plan during an Extraordinary General Meeting. This plan includes the provision for various equity and cash awards to employees and directors, with 1,569,514 ordinary shares reserved for issuance. The plan also allows for annual increases through 2035, subject to certain limits. These recent developments highlight important changes and challenges for Oxbridge Re.

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