Tiptree Is Back In The Game

Impact · against what's priced in

TIPT is shifting from a passive cash-holding company to an active operator through the acquisition of Universal Shield and aggressive share repurchases. The combination of a high cash floor ($24.34/share) and a new growth engine provides a catalysts for valuation rerating.

TIPT+0.70

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In context

Tiptree is leveraging a cash-heavy book value of $24.34 per share to buy back stock at a discount and pivot back into specialty insurance via the $100M Universal Shield acquisition.

Read from the article alone

• TIPT
• acquisitions
• asset sales
• book value
• buybacks
• insurance
• specialty insurance

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