Reliance Global Group, Inc. (NASDAQ:RELI) CFO Joel Markovits Sells 10,603 Shares of Stock

Reliance Global Group, Inc. (NASDAQ:RELI) CFO Joel Markovits sold 10,603 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $1.37, for a total value of $14,526.11. Following the completion of the transaction, the chief financial officer now directly owns 197 shares of the company’s stock, valued at approximately $269.89. This trade represents a 98.18 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Reliance Global Group Trading Down 5.9 %

Shares of NASDAQ:RELI opened at $1.74 on Wednesday. The business’s fifty day moving average price is $2.05 and its two-hundred day moving average price is $2.27. Reliance Global Group, Inc. has a fifty-two week low of $1.18 and a fifty-two week 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.