Tiptree Inc. (TIPT) reported second-quarter 2026 net income attributable to common stockholders of $389.2 million, or $10.38 per basic share and $10.30 per diluted share, for the three months ended June 30, 2026.
The company also announced a definitive agreement to acquire Universal Shield Insurance Group for $100 million in cash consideration, after completing the sale of Fortegra and Reliance during the quarter.
- Total revenues for the quarter were $0.
- Tiptree completed the sale of Fortegra on May 29, 2026, for $1.65 billion of total consideration and recorded an after-tax gain of $372.2 million.
- The company completed the sale of Reliance on May 1, 2026, for $49.7 million in cash.
- Book value was $907 million as of June 30, 2026, or $24.34 per share.
- Tiptree declared a $0.06 per-share dividend payable Aug. 24, 2026, to stockholders of record Aug. 17, 2026.
- The USIG acquisition is expected to close in the first quarter of 2027, subject to regulatory approvals and customary closing conditions.
$TIPT Insider Trading Activity
$TIPT insiders have traded $TIPT stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $TIPT stock by insiders over the last 6 months:
- SCOTT T. MCKINNEY (Chief Financial Officer) has made 2 purchases buying 3,832 shares for an estimated $61,682 and 0 sales.
- JONATHAN ILANY purchased 990 shares for an estimated $17,275
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$TIPT Hedge Fund Activity
We have seen 67 institutional investors add shares of $TIPT stock to their portfolio, and 65 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VERADACE CAPITAL MANAGEMENT LLC added 420,600 shares (+29.6%) to their portfolio in Q1 2026, for an estimated $7,116,552
- GABELLI FUNDS LLC added 241,389 shares (+329.4%) to their portfolio in Q1 2026, for an estimated $4,084,301
- MILLENNIUM MANAGEMENT LLC removed 208,238 shares (-39.2%) from their portfolio in Q1 2026, for an estimated $3,523,386
- STEAMBOAT CAPITAL PARTNERS, LLC added 196,146 shares (+39.7%) to their portfolio in Q1 2026, for an estimated $3,318,790
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 193,323 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $3,271,025
- GOLDMAN SACHS GROUP INC removed 181,390 shares (-45.0%) from their portfolio in Q1 2026, for an estimated $3,069,118
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 173,774 shares (+175.0%) to their portfolio in Q1 2026, for an estimated $2,940,256
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
