TSX runs higher on rate cut expectations
Director Ian Isaacs of GREENLIGHT CAPITAL RE, LTD. (NASDAQ:GLRE) sold 13,000 ordinary shares of the company on June 25, 2025. The shares were sold at a weighted average price of $14.9227, for a total transaction value of $193,995. The sale comes as GLRE maintains strong financial health with an overall score of "GOOD" according to InvestingPro metrics, while delivering a 12.6% return over the past year.
The prices for the sales ranged from $14.9101 to $14.9236. Following the transaction, Isaacs directly owns 71,484 ordinary shares. With a market capitalization of $504 million and a P/E ratio of 10.9x, InvestingPro analysis suggests the stock is currently undervalued, while maintaining profitable operations with a return on equity of 7%.
Isaacs also indirectly owns 25,000 shares through the Isaacs Living Trust and another 25,000 shares through an IRA. The company’s strong financial position is reflected in its healthy current ratio of 1.78 and low debt-to-equity ratio of 0.09.
In other recent news, Greenlight Capital, managed by David Einhorn, reported a 3.4% gain in April. This gain outperformed the S&P 500 index for the same period. Additionally, the fund has achieved an 11.9% increase for the year through April. These results highlight Greenlight Capital’s continued positive performance in 2025. The fund’s strong start to the year reflects its strategic investment choices. Investors may find these developments noteworthy as they consider the fund’s trajectory. Such performance metrics are crucial for those tracking investment funds.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.