Joseph Platt, Jr. Sells 12,000 Shares of Greenlight Capital Re (NASDAQ:GLRE) Stock

Posted by Francis Steltz on May 20th, 2026

Greenlight Capital Re, Ltd. (NASDAQ:GLRE – Get Free Report) Director Joseph Platt, Jr. sold 12,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $17.50, for a total transaction of $210,000.00. Following the transaction, the director owned 35,360 shares of the company’s stock, valued at approximately $618,800. This trade represents a 25.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Greenlight Capital Re Stock Performance

NASDAQ:GLRE opened at $17.97 on Wednesday. Greenlight Capital Re, Ltd. has a twelve month low of $11.56 and a twelve month high of $19.39. The company has a current ratio of 2.46, a quick ratio of 2.46 and a debt-to-equity ratio of 0.01. The company has a 50-day moving average of $17.47 and a 200-day moving average of $15.05. The firm has a market cap of $596.06 million, a price-to-earnings ratio of 7.58 and a beta of 0.38.

Greenlight Capital Re (NASDAQ:GLRE – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.25 by ($0.20). Greenlight Capital Re had a net margin of 11.47% and a return on equity of 11.69%. The business had revenue of $189.66 million for the quarter, compared to the consensus estimate of $160.88 million.

Institutional Trading of Greenlight Capital Re

A number of hedge funds have recently bought and sold shares of GLRE. PNC Financial Services Group Inc. lifted its stake in Greenlight Capital Re by 3,773.3% during the first quarter. PNC Financial Services Group Inc. now owns 1,743 shares of the financial services provider’s stock valued at $30,000 after buying an additional 1,698 shares in the last quarter. Quadrant Capital Group LLC lifted its stake in Greenlight Capital Re by 7,213.6% during the fourth quarter. Quadrant Capital Group LLC now owns 3,218 shares of the financial services provider’s stock valued at $47,000 after buying an additional 3,174 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in Greenlight Capital Re by 90.2% during the second quarter. Tower Research Capital LLC TRC now owns 3,431 shares of the financial services provider’s stock valued at $49,000 after buying an additional 1,627 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in Greenlight Capital Re by 184.6% during the third quarter. Russell Investments Group Ltd. now owns 4,238 shares of the financial services provider’s stock valued at $54,000 after buying an additional 2,749 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its stake in Greenlight Capital Re by 12.8% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 11,445 shares of the financial services provider’s stock valued at $145,000 after buying an additional 1,296 shares in the last quarter. 41.52% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on GLRE shares. Weiss Ratings upgraded shares of Greenlight Capital Re from a “hold (c)” rating to a “buy (b+)” rating in a research report on Tuesday, March 17th. Wall Street Zen lowered shares of Greenlight Capital Re from a “strong-buy” rating to a “hold” rating in a research report on Saturday, May 9th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Greenlight Capital Re currently has a consensus rating of “Buy”.

Read Our Latest Stock Analysis on Greenlight Capital Re

About Greenlight Capital Re

(Get Free Report)

Greenlight Capital Re Ltd. (NASDAQ: GLRE) is a Bermuda‐incorporated reinsurer externally managed by Greenlight Capital Re Services Ltd., a subsidiary of Greenlight Capital, Inc Since its formation in 2016 and subsequent initial public offering in 2017, the company has focused on providing customized reinsurance solutions to insurers worldwide. Greenlight Capital Re operates as an independent, publicly traded entity, leveraging the investment expertise and underwriting rigor that underpin its parent’s investment platform.

The company’s core business activities encompass both treaty and facultative reinsurance across a broad spectrum of property and casualty lines.