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 $22.63 million as of February 28th, 2025. Mr. Downes owns 990,200 shares of Universal Insurance stock worth more than $22,633,992 as of March 28th. 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 rluther@universalproperty.com. Learn More on Sean P. Downes' contact information.

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

During the last quarter, Sean P. Downes has sold $883,200.00 of Universal Insurance stock. Most recently, Sean P. Downes sold 20,000 shares of the business's stock in a transaction on Friday, February 28th. The shares were sold at an average price of $22.08, for a transaction totalling $441,600.00. Following the completion of the sale, the chairman now directly owns 990,200 shares of the company's stock, valued at $21,863,616. 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 12 times. They sold a total of 277,588 shares worth more than $5,751,420.06. The most recent insider tranaction occured on February, 28th when Chairman Sean P Downes sold 20,000 shares worth more than $441,600.00. 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 2/28/2025.

Sean P. Downes Insider Trading History at Universal Insurance

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.

Skip ChartChart Data in Insider Trading History Table
2022202320242025$0bought$883ksoldQ1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1-$1M$0$1MTotal Insider BuyingTotal Insider Selling

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. 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.
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Today's Range

Now: $22.86
Low: $22.49
High: $22.94

50 Day Range

MA: $20.69
Low: $19.29
High: $22.86

2 Week Range

Now: $22.86
Low: $16.50
High: $23.39

Volume

133,538 shs

Average Volume

168,706 shs

Market Capitalization

$642.22 million

P/E Ratio

9.29

Dividend Yield

2.92%

Beta

0.84