Gilbert Fuller Sells 10,000 Shares of Security National Financial (NASDAQ:SNFCA) Stock

Security National Financial Corporation (NASDAQ:SNFCA) Director Gilbert Fuller sold 10,000 shares of the stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $9.45, for a total transaction of $94,500.00. Following the completion of the transaction, the director directly owned 31,973 shares of the company’s stock, valued at $302,144.85. This trade represents a 23.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Security National Financial Stock Up 2.0%

NASDAQ:SNFCA opened at $9.70 on Thursday. Security National Financial Corporation has a 12-month low of $7.70 and a 12-month high of $10.48. The firm has a market capitalization of $252.39 million, a PE ratio of 7.69 and a beta of 0.70. The firm has a 50-day moving average price of $9.13 and a 200 day moving average price of $8.77.

Security National Financial (NASDAQ:SNFCA) last posted its quarterly earnings results on Monday, March 16th. The credit services provider reported $0.53 earnings per share (EPS) for the quarter. The firm had revenue of $82.98 million during the quarter. Security National Financial had a net margin of 9.33% and a return on equity of 8.71%.

Institutional Trading of Security National Financial

Several hedge funds have recently modified their holdings of SNFCA. BNP Paribas Financial Markets grew its stake in shares of Security National Financial by 306.8% during the second quarter. BNP Paribas Financial Markets now owns 2,831 shares of the credit services provider’s stock valued at $28,000 after purchasing an additional 2,135 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of Security National Financial during the third quarter valued at approximately $32,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Security National Financial during the second quarter valued at approximately $79,000. MetLife Investment Management LLC bought a new stake in shares of Security National Financial during the fourth quarter valued at approximately $85,000. Finally, New York State Common Retirement Fund bought a new stake in shares of Security National Financial during the second quarter valued at approximately $104,000. 45.58% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on SNFCA. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Security National Financial in a report on Monday, December 29th. Wall Street Zen raised shares of Security National Financial from a “hold” rating to a “buy” rating in a report on Saturday, March 21st. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

About Security National Financial

Security National Financial Corp. is a diversified provider of mortgage lending, settlement and technology services under the NASDAQ ticker SNFCA. Through its primary subsidiaries—Security National Mortgage Company and Titan Lenders Corp—the company originates and funds residential mortgage loans across retail, wholesale and correspondent channels. Its platform supports a full range of loan products, including conventional, government-insured and jumbo financing tailored to homebuyers and investors.

Established in 1989, Security National Mortgage Company operates a nationwide branch network in all 50 states, offering local origination backed by centralized underwriting and closing services.