Alex Blumenfrucht Sells 5,236 Shares of Reliance Global Group, Inc. (NASDAQ:RELI) Stock

Reliance Global Group, Inc. (NASDAQ:RELI) Director Alex Blumenfrucht sold 5,236 shares of Reliance Global Group stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $3.69, for a total value of $19,320.84. Following the transaction, the director now directly owns 484 shares in the company, valued at approximately $1,785.96. This trade represents a 91.54 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Reliance Global Group Stock Performance

Shares of RELI opened at $2.38 on Friday. The company’s 50 day simple moving average is $1.84 and its 200-day simple moving average is $2.84. Reliance Global Group, Inc. has a 12-month low of $1.17 and a 12-month high of $18.53.

Reliance Global Group Company Profile

Reliance Global Group, Inc focuses in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides agency services for insurance products in the healthcare and Medicare, personal and commercial, trucking, property and casualty, and insurance brokerage. The company was formerly known as Ethos Media Network, Inc and changed its name to Reliance Global Group, Inc in October 2018.