Michael Pietrangelo - Universal Insurance Lead Independent Director

UVE Stock  USD 22.18  0.24  1.09%   

Director

Mr. Michael A. Pietrangelo is Lead Independent Director of Universal Insurance Holdings, Inc., Since 1998, Mr. Pietrangelo became a director of the Company in 2010. Since 1998, Mr. Pietrangelo has practiced law and was of counsel to the firm of Pietrangelo Cook, PLC. Mr. Pietrangelo is admitted to the bars of the states of New York and Tennessee and the District of Columbia. He served on the board of directors of MRI Interventions Inc., a publicly traded research and development company, from 2010 to 2014, and he currently serves on the board of directors of the American Parkinson Disease Association, a notforprofit organization focused on serving the Parkinsons community. Mr. Pietrangelo also serves as the managing partner of The Theraplex Company, LLC, a privately held skin care company. He brings valuable experience to the Board in corporate governance, legal and financial matters as a result of his positions as a lawyer, executive and director of privately held and public companies, as well as nonprofit organizations. since 2014.
Age 77
Tenure 11 years
Address 1110 West Commercial Boulevard, Fort Lauderdale, FL, United States, 33309
Phone954 958 1200
Webhttps://www.universalinsuranceholdings.com

Latest Insider Transactions

2024-05-10Disposed of 12351 shares @ 20.43View
Pietrangelo also serves as the managing partner of The Theraplex Company, LLC, a privately held skin care company. From 1994 until 1998, Mr. Pietrangelo served as President of Johnson Products Company, a subsidiary of IVAX Corporationrationrationration. From 1990 to 1994, Mr. Pietrangelo was the President and Chief Executive Officer of CLEO, Inc. a subsidiary of Gibson Greetings, Inc. and manufacturer of specialized paper products. From 1967 to 1989, he served in a variety of legal and management roles at the Federal Trade Commission, Pfizer, Inc., ScheringPlough Corporationration and Western Publishing Group.

Michael Pietrangelo Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Pietrangelo against Universal Insurance stock is an integral part of due diligence when investing in Universal Insurance. Michael Pietrangelo insider activity provides valuable insight into whether Universal Insurance is net buyers or sellers over its current business cycle. Note, Universal Insurance insiders must abide by specific rules, including filing SEC forms every time they buy or sell Universal Insurance'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Universal Insurance Management Efficiency

The company has Return on Asset of 0.0221 % which means that on every $100 spent on assets, it made $0.0221 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1649 %, implying that it generated $0.1649 on every 100 dollars invested. Universal Insurance's management efficiency ratios could be used to measure how well Universal Insurance manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.03. The current year's Return On Capital Employed is expected to grow to 0.60. At present, Universal Insurance's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 2 B, whereas Total Current Assets are forecasted to decline to about 331.7 M.
Universal Insurance Holdings has 116.6 M in debt with debt to equity (D/E) ratio of 0.4, which is OK given its current industry classification. Universal Insurance has a current ratio of 0.65, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Universal to invest in growth at high rates of return.

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Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. Universal Insurance Holdings, Inc. was incorporated in 1990 and is headquartered in Fort Lauderdale, Florida. Universal Insurance operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 1047 people. Universal Insurance Holdings (UVE) is traded on New York Stock Exchange in USA. It is located in 1110 West Commercial Boulevard, Fort Lauderdale, FL, United States, 33309 and employs 24 people. Universal Insurance is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

Universal Insurance Leadership Team

Elected by the shareholders, the Universal Insurance's board of directors comprises two types of representatives: Universal Insurance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Universal. The board's role is to monitor Universal Insurance's management team and ensure that shareholders' interests are well served. Universal Insurance'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, Universal Insurance's outside directors are responsible for providing unbiased perspectives on the board's policies.
Marlene Gordon, Independent Director
Rob Luther, Chief Investment Officer
Sean Downes, Chairman of The Board, CEO and President and Member of Investment Committee
Arash Soleimani, Chief Strategy Officer
Gary CPA, Principal Secretary
Michael Poloskey, Chief Operating Officer
Frank CPA, Chief Officer
Ozzie Schindler, Independent Director
Richard Peterson, Independent Director
Michael Pietrangelo, Lead Independent Director
Jason Burns, President - Blue Atlantic
Jon Springer, COO, Executive VP, Director and Member of Investment Committee
Matthew Palmieri, President of Universal Property and Casualty Insurance
Francis Mccahill, Independent Director
Scott Callahan, Independent Director
Kimberly Campos, Chief Administrative Officer, Chief Information Officer, Director
Stephen Donaghy, Chief Marketing Officer and Secretary
Darryl Lewis, Independent Director
Joel Wilentz, Independent Director
Ralph Palmieri, Independent Director
CPA CFA, Chief Officer
William Degnan, Chief Officer
Frank Wilcox, Chief Financial Officer, Principal Accounting Officer
Gary Ropiecki, Principal Accounting Officer, Corporate Secretary

Universal 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 Universal Insurance 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Universal Insurance is a strong investment it is important to analyze Universal Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Universal Insurance's future performance. For an informed investment choice regarding Universal Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Insurance Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
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Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Universal Insurance. If investors know Universal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Universal Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.69)
Dividend Share
0.64
Earnings Share
2.01
Revenue Per Share
53.356
Quarterly Revenue Growth
0.025
The market value of Universal Insurance is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Insurance's value that differs from its market value or its book value, called intrinsic value, which is Universal Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Universal Insurance's market value can be influenced by many factors that don't directly affect Universal Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Universal Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.