Presurance Holdings director Smith buys $48,935 in company stock
James Grant Smith, a director at Presurance Holdings, Inc. (NASDAQ: PRHI), recently purchased 7,250 shares of the company's common stock, amounting to $48,935. The transaction occurred on September 30, 2026. The shares were bought at a price range of $6.68 to $6.75, with a weighted average purchase price of $6.7497. The purchase figures have been adjusted to account for a 1-for-7 reverse stock split of Presurance Holdings' common stock, which took effect on June 1, 2026.
This insider buy comes as the stock price hovers around $6.70, down 13% over the past week despite a 31% increase over the past six months. Currently, Mr. Smith holds a total of 15,953 shares of Presurance Holdings common stock directly. According to InvestingPro analysis, the stock appears undervalued at present, with more detailed insights available through the platform's Pro Research Report. This report was generated with the help of AI and reviewed by an editor.
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