James Petcoff - Conifer Holding Chairman of the Board, CEO
| CNFR Stock | USD 1.14 0.01 0.87% |
Chairman
Mr. James G. Petcoff serves as Chairman of the Board, Chief Executive Officer of the Company, since our incorporation in 2009. He has over 35 years of experience in the insurance industry. Prior to 2009, Mr. Petcoff founded North Pointe in 1986, where he served President, Chief Executive Officer and Chairman of the Board until its April 2008 sale to QBE Holdings Inc. From 1999 to August 2004, he also has served as a director of Rentrak Corporationration, a Nasdaqlisted company based in Portland, Oregon that leased videocassettes, DVDs and video games to video specialty stores and other retailers. From 1980 to 1986, he served as an employee and in management positions at independent commercial insurance agencies. Mr. Petcoff graduated with a B.A. degree from Michigan State University in 1977, an M.B.A. degree from University of Detroit in 1980 and a J.D. degree from University of Detroit School of Law in 1992. Mr. Petcoff has led the Company as our principal executive officer, Chairman of the Board of Directors and a director since our incorporation. He has a unique perspective and understanding of our business, culture and history, having led our Company and North Pointe through many economic cycles and operational initiatives. His daytoday leadership of the Company gives him critical insights into our operations, strategy and competition, and he facilitates the Board ability to perform its oversight function since 2009.
| Age | 68 |
| Tenure | 15 years |
| Address | 3001 West Big Beaver Road, Troy, MI, United States, 48084 |
| Phone | 248 559 0840 |
| Web | https://www.cnfrh.com |
James Petcoff Latest Insider Activity
Tracking and analyzing the buying and selling activities of James Petcoff against Conifer Holding stock is an integral part of due diligence when investing in Conifer Holding. James Petcoff insider activity provides valuable insight into whether Conifer Holding is net buyers or sellers over its current business cycle. Note, Conifer Holding insiders must abide by specific rules, including filing SEC forms every time they buy or sell Conifer Holding'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
James Petcoff over a month ago Acquisition by James Petcoff of 5300 shares of Conifer Holding at 2.3331 subject to Rule 16b-3 |
Conifer Holding Management Efficiency
The company has return on total asset (ROA) of (0.0527) % which means that it has lost $0.0527 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (3.279) %, meaning that it created substantial loss on money invested by shareholders. Conifer Holding's management efficiency ratios could be used to measure how well Conifer Holding manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/27/2024, Return On Tangible Assets is likely to grow to -0.08. In addition to that, Return On Capital Employed is likely to drop to -0.06. At this time, Conifer Holding's Other Assets are relatively stable compared to the past year. As of 11/27/2024, Total Current Assets is likely to grow to about 154 M, while Non Current Assets Total are likely to drop slightly above 122.1 M.Similar Executives
| Found 4 records | CHAIRMAN Age | ||
| Barry Goldstein | Kingstone Companies | 71 | |
| Floyd Tupper | Kingstone Companies | 69 | |
| Mark Schwarz | Wilhelmina | 63 | |
| Dale Schenian | Canterbury Park Holding | 82 | |
Management Performance
| Return On Equity | -3.28 | ||||
| Return On Asset | -0.0527 |
Conifer Holding Leadership Team
Elected by the shareholders, the Conifer Holding's board of directors comprises two types of representatives: Conifer Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Conifer. The board's role is to monitor Conifer Holding's management team and ensure that shareholders' interests are well served. Conifer Holding's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Conifer Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
| BA BS, President | ||
| Harold Meloche, CFO, Treasurer | ||
| James Petcoff, Chairman of the Board, CEO | ||
| Richard Fiato, Corporate Counsel | ||
| Jessica Gulis, Head Relations | ||
| Nicholas Petcoff, Executive Vice President Secretary, Director | ||
| Andrew Petcoff, Senior Vice President - Marketing |
Conifer Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Conifer Holding a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -3.28 | ||||
| Return On Asset | -0.0527 | ||||
| Profit Margin | (0.27) % | ||||
| Operating Margin | (0.12) % | ||||
| Current Valuation | (1.86 M) | ||||
| Shares Outstanding | 12.22 M | ||||
| Shares Owned By Insiders | 44.57 % | ||||
| Shares Owned By Institutions | 30.62 % | ||||
| Number Of Shares Shorted | 35.75 K | ||||
| Price To Earning | 26.17 X |
Pair Trading with Conifer Holding
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Conifer Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Conifer Holding will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Conifer Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Conifer Holding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Conifer Holding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Conifer Holding to buy it.
The correlation of Conifer Holding is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Conifer Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Conifer Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Conifer Holding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Conifer Stock Analysis
When running Conifer Holding's price analysis, check to measure Conifer Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Conifer Holding is operating at the current time. Most of Conifer Holding's value examination focuses on studying past and present price action to predict the probability of Conifer Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conifer Holding's price. Additionally, you may evaluate how the addition of Conifer Holding to your portfolios can decrease your overall portfolio volatility.