Sean P. Downes net worth and biography

Sean Downes Biography and Net Worth

Director of Universal Insurance
Sean P. Downes has been Executive Chairman since July 2019. Prior to being the Executive Chairman, Sean was Chairman of the Board of Directors and Chief Executive Officer of the Company from 2013 to July 2019 and a director of the Company since 2005. Mr. Downes also served as President of the Company from 2013 until March 2016. Prior to serving in these roles, he served as Senior Vice President and Chief Operating Officer of the Company since 2005 and Chief Operating Officer and a director of UPCIC, a wholly-owned subsidiary of the Company, since 2003. Mr. Downes was Chief Operating Officer of Universal Adjusting Corporation from 1999 to 2003. During that time, Mr. Downes created the Company’s claims operation. Before joining the Company in 1999, Mr. Downes was Vice President of Downes and Associates, a multi-line insurance claims adjustment corporation.

What is Sean P. Downes' net worth?

The estimated net worth of Sean P. Downes is at least $13.44 million as of August 10th, 2022. Mr. Downes owns 1,381,539 shares of Universal Insurance stock worth more than $13,442,374 as of September 29th. This net worth evaluation does not reflect any other assets that Mr. Downes may own. Additionally, Mr. Downes receives a salary of $1,070,000.00 as Director at Universal Insurance. Learn More about Sean P. Downes' net worth.

How old is Sean P. Downes?

Mr. Downes is currently 52 years old. There are 6 older executives and no younger executives at Universal Insurance. Learn More on Sean P. Downes' age.

What is Sean P. Downes' salary?

As the Director of Universal Insurance Holdings, Inc., Mr. Downes earned a total compensation package of $1,072,143.00 in 2021. Mr. Downes earned a salary of $1,000,000.00, and other compensation of $72,143.00. Learn More on Sean P. Downes' salary.

How do I contact Sean P. Downes?

The corporate mailing address for Mr. Downes and other Universal Insurance executives is 1110 WEST COMMERCIAL BOULEVARD SUITE 100, FORT LAUDERDALE FL, 33309. Universal Insurance can also be reached via phone at (954) 958-1200 and via email at [email protected] Learn More on Sean P. Downes' contact information.

Has Sean P. Downes been buying or selling shares of Universal Insurance?

During the past quarter, Sean P. Downes has sold $249,200.00 in shares of Universal Insurance stock. Most recently, Sean P. Downes sold 20,000 shares of the business's stock in a transaction on Wednesday, August 10th. The shares were sold at an average price of $12.46, for a transaction totalling $249,200.00. Following the completion of the sale, the director now directly owns 1,381,539 shares of the company's stock, valued at $17,213,975.94. Learn More on Sean P. Downes' trading history.

Are insiders buying or selling shares of Universal Insurance?

In the last twelve months, Universal Insurance insiders bought shares 4 times. They purchased a total of 24,750 shares worth more than $291,855.00. In the last twelve months, insiders at the insurance provider sold shares 3 times. They sold a total of 60,000 shares worth more than $765,800.00. The most recent insider tranaction occured on September, 14th when CEO Stephen Donaghy bought 10,000 shares worth more than $115,500.00. Insiders at Universal Insurance own 16.1 % of the company. Learn More about insider trades at Universal Insurance.

Information on this page was last updated on 9/14/2022.

Sean P. Downes Insider Trading History at Universal Insurance

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/10/2022Sell20,000$12.46$249,200.001,381,539View SEC Filing Icon  
6/24/2022Sell20,000$12.93$258,600.001,401,539View SEC Filing Icon  
10/1/2021Sell20,000$12.90$258,000.00View SEC Filing Icon  
9/1/2021Sell20,000$13.91$278,200.00View SEC Filing Icon  
8/2/2021Sell20,000$14.00$280,000.00View SEC Filing Icon  
7/1/2021Sell20,000$13.85$277,000.00View SEC Filing Icon  
6/9/2021Sell20,000$14.03$280,600.001,498,631View SEC Filing Icon  
11/2/2020Buy7,700$12.43$95,711.001,502,382View SEC Filing Icon  
3/11/2020Buy1,000$20.08$20,080.001,494,682View SEC Filing Icon  
3/9/2020Buy3,000$21.39$64,170.001,488,682View SEC Filing Icon  
3/5/2020Buy5,000$21.53$107,650.001,485,682View SEC Filing Icon  
12/13/2019Buy1,500$27.86$41,790.001,466,053View SEC Filing Icon  
12/4/2019Buy1,000$28.61$28,610.001,463,553View SEC Filing Icon  
11/22/2019Buy5,000$29.08$145,400.001,466,200View SEC Filing Icon  
11/19/2019Buy2,100$29.32$61,572.001,458,200View SEC Filing Icon  
11/6/2019Buy1,700$28.89$49,113.001,456,100View SEC Filing Icon  
11/4/2019Buy6,467$27.06$174,997.021,450,800View SEC Filing Icon  
11/1/2019Buy5,500$27.59$151,745.001,444,333View SEC Filing Icon  
8/9/2019Buy7,000$28.68$200,760.001,438,833View SEC Filing Icon  
8/5/2019Buy1,100$26.66$29,326.001,431,833View SEC Filing Icon  
6/14/2019Buy3,000$28.91$86,730.001,430,733View SEC Filing Icon  
6/11/2019Buy2,500$28.89$72,225.001,427,733View SEC Filing Icon  
5/28/2019Buy10,000$28.50$285,000.001,427,880View SEC Filing Icon  
11/26/2018Sell20,000$43.36$867,200.001,321,247View SEC Filing Icon  
10/24/2018Sell20,000$45.71$914,200.001,351,399View SEC Filing Icon  
9/24/2018Sell20,000$47.66$953,200.001,359,141View SEC Filing Icon  
8/24/2018Sell20,000$45.14$902,800.001,379,141View SEC Filing Icon  
8/2/2018Sell20,000$45.36$907,200.00462,725View SEC Filing Icon  
7/31/2018Sell20,000$44.75$895,000.001,420,141View SEC Filing Icon  
7/24/2018Sell20,000$37.80$756,000.001,439,141View SEC Filing Icon  
6/25/2018Sell20,000$34.91$698,200.001,459,141View SEC Filing Icon  
5/24/2018Sell20,000$35.77$715,400.001,479,141View SEC Filing Icon  
5/1/2018Sell50,000$32.78$1,639,000.001,499,141View SEC Filing Icon  
6/13/2016Buy5,300$18.61$98,633.001,312,281View SEC Filing Icon  
5/25/2016Buy3,895$19.25$74,978.751,306,981View SEC Filing Icon  
11/16/2015Sell20,000$29.30$586,000.001,694,611View SEC Filing Icon  
10/15/2015Sell20,000$33.36$667,200.001,714,611View SEC Filing Icon  
9/15/2015Sell20,000$27.50$550,000.001,734,611View SEC Filing Icon  
8/17/2015Sell20,000$28.94$578,800.00View SEC Filing Icon  
8/14/2015Sell20,000$28.43$568,600.00View SEC Filing Icon  
7/15/2015Sell20,000$26.49$529,800.00View SEC Filing Icon  
6/15/2015Sell20,000$24.15$483,000.00View SEC Filing Icon  
6/12/2015Sell20,000$24.48$489,600.00View SEC Filing Icon  
5/13/2015Sell20,000$25.73$514,600.00View SEC Filing Icon  
4/15/2015Sell20,000$25.78$515,600.00View SEC Filing Icon  
3/16/2015Sell20,000$24.78$495,600.00View SEC Filing Icon  
2/17/2015Sell20,000$22.97$459,400.00View SEC Filing Icon  
1/15/2015Sell20,000$20.82$416,400.00View SEC Filing Icon  
12/15/2014Sell20,000$19.24$384,800.00View SEC Filing Icon  
12/11/2014Sell15,551$20.64$320,972.64View SEC Filing Icon  
11/14/2014Sell20,000$19.00$380,000.00View SEC Filing Icon  
10/15/2014Sell20,000$13.24$264,800.00View SEC Filing Icon  
9/15/2014Sell20,000$12.93$258,600.00View SEC Filing Icon  
8/15/2014Sell20,000$13.16$263,200.00View SEC Filing Icon  
7/15/2014Sell20,000$12.51$250,200.00View SEC Filing Icon  
6/16/2014Sell20,000$12.36$247,200.00View SEC Filing Icon  
5/15/2014Sell20,000$12.12$242,400.00View SEC Filing Icon  
4/15/2014Sell20,000$13.02$260,400.00View SEC Filing Icon  
3/14/2014Sell20,000$13.90$278,000.00View SEC Filing Icon  
2/14/2014Sell5,300$12.02$63,706.00View SEC Filing Icon  
1/15/2014Sell20,000$13.12$262,400.00View SEC Filing Icon  
12/13/2013Sell50,000$12.09$604,500.00View SEC Filing Icon  
8/28/2013Sell35,440$7.55$267,572.00View SEC Filing Icon  
8/26/2013Sell25,350$8.03$203,560.50View SEC Filing Icon  
6/27/2013Sell40,647$7.22$293,471.34View SEC Filing Icon  
5/15/2013Sell64,323$7.33$471,487.59View SEC Filing Icon  
5/14/2013Sell85,677$7.30$625,442.10View SEC Filing Icon  
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Sean P. Downes Buying and Selling Activity at Universal Insurance

This chart shows Sean P Downes's buying and selling at Universal Insurance by year and by quarter.

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Universal Insurance Company Overview

Universal Insurance logo
Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. The company develops, markets, and underwrites insurance products for personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire; and offers allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. It also advises on actuarial issues, oversees distribution, administers claims payments, performs policy administration and underwriting, and assists with reinsurance negotiations; places and manages reinsurance programs for the insurance entities; and operates Clovered.com, an online platform in which consumers receive side-by-side quotes from various carriers across multiple states, as well as educational materials about homeowners' insurance policies. It offers its products through a network of independent agents, as well as Universal Direct, a direct-to-consumer online platform, which enables homeowners to directly purchase, pay for, and bind homeowners' policies. The company was formerly known as Universal Heights, Inc. and changed its name to Universal Insurance Holdings, Inc. in January 2001. Universal Insurance Holdings, Inc. was incorporated in 1990 and is headquartered in Fort Lauderdale, Florida.
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Today's Range

Now: $9.73
Low: $9.08
High: $9.73

50 Day Range

MA: $11.93
Low: $9.28
High: $12.87

2 Week Range

Now: $9.73
Low: $8.48
High: $19.64

Volume

7,541 shs

Average Volume

141,489 shs

Market Capitalization

$298.91 million

P/E Ratio

N/A

Dividend Yield

6.89%

Beta

0.96