Insider Buying: Investors Heritage Capital Corp. (IHRC) Insider Purchases 1,349 Shares of Stock

Investors Heritage Capital Corp. (OTCMKTS:IHRC) insider & Co Tap purchased 1,349 shares of Investors Heritage Capital Corp. stock in a transaction on Wednesday, October 4th. The stock was bought at an average price of $21.70 per share, with a total value of $29,273.30. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Shares of Investors Heritage Capital Corp. (OTCMKTS:IHRC) traded up 2.90% during mid-day trading on Thursday, reaching $17.75. The company’s stock had a trading volume of 4,323 shares. The firm’s 50-day moving average price is $17.84 and its 200 day moving average price is $17.46. Investors Heritage Capital Corp. has a 12-month low of $15.10 and a 12-month high of $18.50. The firm has a market cap of $19.68 million, a P/E ratio of 9.62 and a beta of 0.12.

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Separately, ValuEngine upgraded Investors Heritage Capital Corp. from a “hold” rating to a “buy” rating in a research report on Friday, August 11th.

About Investors Heritage Capital Corp.

Investors Heritage Capital Corporation owns Investors Heritage Life Insurance Company, Investors Heritage Printing, Inc and Investors Heritage Financial Services Group, Inc The Company is the sole member of At Need Funding, LLC, and Heritage Funding, LLC. Its business segments are Preneed and Burial Products (Preneed), Traditional and Universal Life Products (Traditional), and Administrative and Financial Services.

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