Director James Noyce buys 2,000 shares of UFCS at $26.97; holdings rise to 27.3K shares despite company's recent annual net loss
James Noyce, a director, purchased 2,000 shares of United Fire Group Inc at $26.97 on 2025-02-14, increasing his holdings from 25.3K to 27.3K shares. The transaction occurs in a mixed context: while the company reported strong revenue growth of +11.8% annually and a respectable P/E of 13.38, it was unprofitable over its most recent full fiscal year despite reporting a net income of $19.7M in the latest quarter. The purchase price of $26.97 stands 1.8% above the current price of $26.50 and reflects a -16.0% discount from the 52-week high of $31.55. The modest share increase of 2,000 shares represents incremental accumulation by an insider, though without prior transaction history or board coordination data, the directional signal remains limited.