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James Grant Smith, a director at Conifer Holdings, Inc. (NASDAQ:CNFR), recently made a significant purchase of the company's shares. According to a recent filing, Smith acquired 20,150 shares of common stock on April 10, 2025, at a price of $0.67 per share. The purchase comes as the stock has shown strong momentum, with InvestingPro data showing a 45% gain over the past week. This transaction amounts to a total value of approximately $13,500. Following this purchase, Smith now holds a total of 36,150 shares in Conifer Holdings, representing a notable stake in the micro-cap insurer, which currently has a market capitalization of $7.9 million. InvestingPro analysis shows the stock trading at a low Price/Book multiple of 0.39, with additional insights available in the comprehensive Pro Research Report. Investors should note that the company's next earnings release is scheduled for May 7, 2025.
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