Revenue Update on Investors Title Company(NASDAQ:ITIC)

Investors Title Company(NASDAQ:ITIC) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 3, 2016. Earnings per share were $2.35.

Investors Title Company (ITIC) made into the market gainers list on Fridays trading session with the shares advancing 0.81% or 0.78 points. Due to strong positive momentum, the stock ended at $96.9, which is also near the day’s high of $97.35. The stock began the session at $95.76 and the volume stood at 3,736 shares. The 52-week high of the shares is $106.8 and the 52 week low is $67.25. The company has a current market capitalization of $184 M and it has 19,01,946 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jun 7, 2016, James A Jr Fine (President, CFO) purchased 71 shares at $91.99 per share price.

Investors Title Company is a holding company engaged primarily in issuance of residential and commercial title insurance through its subsidiaries Investors Title Insurance Company (ITIC) and National Investors Title Insurance Company (NITIC). The Company through ITIC and NITIC underwrites title insurance for owners and mortgagees as a primary insurer. The Company also provides tax-deferred real property exchange services through its subsidiaries Investors Title Exchange Corporation and Investors Title Accommodation Corporation; investment management and trust services to individuals trusts and other entities through its subsidiary Investors Trust Company; and consulting and management services to title insurance agencies through its subsidiary Investors Title Management Services.

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