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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 $23.96 million as of November 15th, 2024. Mr. Downes owns 1,047,198 shares of Universal Insurance stock worth more than $23,959,890 as of November 23rd. This net worth evaluation does not reflect any other assets that Mr. Downes may own. Additionally, Mr. Downes receives a salary of $2,440,000.00 as Director at Universal Insurance. Learn More about Sean P. Downes' net worth.
How old is Sean P. Downes?: Mr. Downes is currently 54 years old. There are 7 older executives and no younger executives at Universal Insurance. The oldest executive at Universal Insurance is Mr. Stephen Joseph Donaghy, CEO & Director, who is 59 years old. Learn More on Sean P. Downes' age.
What is Sean P. Downes' salary?: As the Director of Universal Insurance Holdings, Inc., Mr. Downes earns $2,440,000.00 per year. The highest earning executive at Universal Insurance is Mr. Stephen Joseph Donaghy, CEO & Director, who commands a salary of $2,540,000.00 per year. 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?: In the last ninety days, Sean P. Downes has sold $742,537.44 in shares of Universal Insurance stock. Most recently, Sean P. Downes sold 15,064 shares of the business's stock in a transaction on Friday, November 15th. The shares were sold at an average price of $22.46, for a transaction totalling $338,337.44. Following the completion of the sale, the chairman now directly owns 1,047,198 shares of the company's stock, valued at $23,520,067.08. Learn More on Sean P. Downes' trading history.
Are insiders buying or selling shares of Universal Insurance?: In the last twelve months, insiders at the insurance provider sold shares 10 times. They sold a total of 202,588 shares worth more than $4,049,570.06. The most recent insider tranaction occured on November, 15th when Chairman Sean P Downes sold 15,064 shares worth more than $338,337.44. Insiders at Universal Insurance own 17.5% of the company. Learn More about insider trades at Universal Insurance.
Information on this page was last updated on 11/15/2024.

Sean P. Downes Insider Trading History at Universal Insurance

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
11/15/2024	Sell	15,064	$22.46	$338,337.44	1,047,198
10/31/2024	Sell	20,000	$20.21	$404,200.00	1,062,262
9/19/2024	Sell	20,000	$22.47	$449,400.00	1,082,262
7/31/2024	Sell	20,000	$20.00	$400,000.00	1,122,262
6/14/2024	Sell	20,000	$18.31	$366,200.00	1,142,262
5/2/2024	Sell	20,000	$19.72	$394,400.00	1,162,262
3/7/2024	Sell	20,000	$19.53	$390,600.00	1,191,390
12/22/2023	Sell	20,000	$16.60	$332,000.00	1,251,919
11/3/2023	Sell	20,000	$16.13	$322,600.00	1,285,591
8/4/2023	Sell	20,000	$14.60	$292,000.00	1,305,591
6/13/2023	Sell	20,000	$16.87	$337,400.00	1,325,591
5/10/2023	Sell	20,000	$16.02	$320,400.00	1,345,591
3/29/2023	Sell	10,000	$18.83	$188,300.00	1,348,209
8/10/2022	Sell	20,000	$12.46	$249,200.00	1,381,539
6/24/2022	Sell	20,000	$12.93	$258,600.00	1,401,539
10/1/2021	Sell	20,000	$12.90	$258,000.00
9/1/2021	Sell	20,000	$13.91	$278,200.00
8/2/2021	Sell	20,000	$14.00	$280,000.00
7/1/2021	Sell	20,000	$13.85	$277,000.00
6/9/2021	Sell	20,000	$14.03	$280,600.00	1,498,631
11/2/2020	Buy	7,700	$12.43	$95,711.00	1,502,382
3/11/2020	Buy	1,000	$20.08	$20,080.00	1,494,682
3/9/2020	Buy	3,000	$21.39	$64,170.00	1,488,682
3/5/2020	Buy	5,000	$21.53	$107,650.00	1,485,682
12/13/2019	Buy	1,500	$27.86	$41,790.00	1,466,053
12/4/2019	Buy	1,000	$28.61	$28,610.00	1,463,553
11/22/2019	Buy	5,000	$29.08	$145,400.00	1,466,200
11/19/2019	Buy	2,100	$29.32	$61,572.00	1,458,200
11/6/2019	Buy	1,700	$28.89	$49,113.00	1,456,100
11/4/2019	Buy	6,467	$27.06	$174,997.02	1,450,800
11/1/2019	Buy	5,500	$27.59	$151,745.00	1,444,333
8/9/2019	Buy	7,000	$28.68	$200,760.00	1,438,833
8/5/2019	Buy	1,100	$26.66	$29,326.00	1,431,833
6/14/2019	Buy	3,000	$28.91	$86,730.00	1,430,733
6/11/2019	Buy	2,500	$28.89	$72,225.00	1,427,733
5/28/2019	Buy	10,000	$28.50	$285,000.00	1,427,880
11/26/2018	Sell	20,000	$43.36	$867,200.00	1,321,247
10/24/2018	Sell	20,000	$45.71	$914,200.00	1,351,399
9/24/2018	Sell	20,000	$47.66	$953,200.00	1,359,141
8/24/2018	Sell	20,000	$45.14	$902,800.00	1,379,141
8/2/2018	Sell	20,000	$45.36	$907,200.00	462,725
7/31/2018	Sell	20,000	$44.75	$895,000.00	1,420,141
7/24/2018	Sell	20,000	$37.80	$756,000.00	1,439,141
6/25/2018	Sell	20,000	$34.91	$698,200.00	1,459,141
5/24/2018	Sell	20,000	$35.77	$715,400.00	1,479,141
5/1/2018	Sell	50,000	$32.78	$1,639,000.00	1,499,141
6/13/2016	Buy	5,300	$18.61	$98,633.00	1,312,281
5/25/2016	Buy	3,895	$19.25	$74,978.75	1,306,981
11/16/2015	Sell	20,000	$29.30	$586,000.00	1,694,611
10/15/2015	Sell	20,000	$33.36	$667,200.00	1,714,611
9/15/2015	Sell	20,000	$27.50	$550,000.00	1,734,611
8/17/2015	Sell	20,000	$28.94	$578,800.00
8/14/2015	Sell	20,000	$28.43	$568,600.00
7/15/2015	Sell	20,000	$26.49	$529,800.00
6/15/2015	Sell	20,000	$24.15	$483,000.00
6/12/2015	Sell	20,000	$24.48	$489,600.00
5/13/2015	Sell	20,000	$25.73	$514,600.00
4/15/2015	Sell	20,000	$25.78	$515,600.00
3/16/2015	Sell	20,000	$24.78	$495,600.00
2/17/2015	Sell	20,000	$22.97	$459,400.00
1/15/2015	Sell	20,000	$20.82	$416,400.00
12/15/2014	Sell	20,000	$19.24	$384,800.00
12/11/2014	Sell	15,551	$20.64	$320,972.64
11/14/2014	Sell	20,000	$19.00	$380,000.00
10/15/2014	Sell	20,000	$13.24	$264,800.00
9/15/2014	Sell	20,000	$12.93	$258,600.00
8/15/2014	Sell	20,000	$13.16	$263,200.00
7/15/2014	Sell	20,000	$12.51	$250,200.00
6/16/2014	Sell	20,000	$12.36	$247,200.00
5/15/2014	Sell	20,000	$12.12	$242,400.00
4/15/2014	Sell	20,000	$13.02	$260,400.00
3/14/2014	Sell	20,000	$13.90	$278,000.00
2/14/2014	Sell	5,300	$12.02	$63,706.00
1/15/2014	Sell	20,000	$13.12	$262,400.00
12/13/2013	Sell	50,000	$12.09	$604,500.00
8/28/2013	Sell	35,440	$7.55	$267,572.00
8/26/2013	Sell	25,350	$8.03	$203,560.50
6/27/2013	Sell	40,647	$7.22	$293,471.34
5/15/2013	Sell	64,323	$7.33	$471,487.59
5/14/2013	Sell	85,677	$7.30	$625,442.10

Sean P. Downes Buying and Selling Activity at Universal Insurance

Universal Insurance Company Overview

Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. It 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. The company 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, a digital agency for various carrier partners and utilization of digital applications for adjusting claims. It offers its products through a network of independent agents, as well as direct-to-consumer online solutions, including digital insurance agency. 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.

Today's Range

Now: $22.88

$22.46

$22.97

50 Day Range

MA: $20.82

$16.89

$22.76

2 Week Range

Now: $22.88

$15.63

$23.27

Volume

108,954 shs

Average Volume

178,468 shs

Market Capitalization

$647.28 million

P/E Ratio

9.30

Dividend Yield

2.83%

Beta

0.9

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