CEO & Chairman Jesse T. Correll Buys $266K in UTG INC Stock
UTGN has more than doubled off its 52-week low of $23 on light trading volume (0.1× avg).
Summary
UTG INC's CEO and Chairman, Jesse T. Correll, purchased $266,556 worth of company stock in an open market transaction.
Key Events · Ownership and Investor Activity · UTGN
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CEO Open Market Purchase
Jesse T. Correll, who serves as CEO, Chairman, Director, and 10% Owner, acquired 4,850 shares of UTG INC common stock.
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Significant Investment Value
The purchase was valued at $266,556.00, transacted at a price of $54.96 per share on May 18, 2026.
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Reinforced Confidence Post-Earnings
This insider buy follows the company's recent robust first quarter earnings report, which showed net income more than doubling and revenue significantly increasing.
Analysis · UTGN · Finance
UTG INC's CEO and Chairman, Jesse T. Correll, made a significant open market purchase of company stock. This direct investment of over a quarter-million dollars by a key executive, following a robust first quarter earnings report, signals strong confidence in the company's future prospects and current valuation.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.6% of the 1645 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, UTGN was trading at $53.00 on OTC in the Finance sector, with a market capitalization of approximately $166.4M. The 52-week trading range was $23.00 to $65.73. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.