Helios Underwriting (LON:HUW) Insider Sells £80,975 in Stock

Key Points

• Nigel Hanbury sold 39,500 shares of Helios Underwriting on April 9 at an average price of GBX 205, bringing the total transaction value to £80,975.
• HUW shares traded down about 1.0% to GBX 204 on heavy volume (211,756 shares versus an average of 31,802), with a market cap of £145.94m and a P/E of 8.99.
• Helios Underwriting provides investors with exposure to the Lloyd’s market through a portfolio of syndicate participations focused on property insurance and reinsurance.

Helios Underwriting plc (LON:HUW - Get Free Report) insider Nigel Hanbury sold 39,500 shares of the firm's stock in a transaction dated Thursday, April 9th. The stock was sold at an average price of GBX 205, for a total value of £80,975.

Helios Underwriting Trading Down 1.0%

HUW stock traded down GBX 2 during midday trading on Friday, hitting GBX 204. 211,756 shares of the company's stock were exchanged, compared to its average volume of 31,802. The stock has a market capitalization of £145.94 million, a price-to-earnings ratio of 8.99 and a beta of 0.14. The firm has a 50 day moving average price of GBX 208.61 and a 200-day moving average price of GBX 210.89. Helios Underwriting plc has a 12-month low of GBX 194 and a 12-month high of GBX 251.99.

About Helios Underwriting

Helios Underwriting plc, together with its subsidiaries, provides a limited liability investment for its shareholders in the Lloyd's insurance market in the United Kingdom. It operates through Syndicate Participation and Investment Management segments. The company participates in the Lloyd's insurance market through a portfolio of Lloyd's syndicates. Its portfolio provides property insurance and reinsurance products. The company was formerly known as Hampden Underwriting Plc and changed its name to Helios Underwriting Plc in January 2014.

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