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James Smith, a director at Conifer Holdings, Inc. (NASDAQ:CNFR), recently acquired 16,000 shares of the company's common stock. The shares were purchased on April 9, 2025, at a price of $0.68 per share, amounting to a total transaction value of $10,880. The purchase price represents a significant discount to the stock's 52-week high of $1.91, with shares showing strong momentum, gaining nearly 40% in the past week. This acquisition increases Smith's direct ownership to 16,000 shares. Conifer Holdings, based in Troy, Michigan, operates in the fire, marine, and casualty insurance sector. With a market capitalization of $7.75 million, the company is currently trading at an attractive Price/Book ratio of 0.36. According to InvestingPro analysis, which offers 12 additional investment insights for this stock, analysts expect the company to return to profitability this year, with the next earnings report scheduled for May 7, 2025.
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