Insider Selling: Atlas Financial Holdings Inc (NASDAQ:AFH) Insider Sells 2,996 Shares of Stock

Atlas Financial Holdings Inc (NASDAQ:AFH) insider Leslie Dimaggio sold 2,996 shares of the company’s stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $18.75, for a total transaction of $56,175.00. Following the completion of the sale, the insider now directly owns 78,054 shares of the company’s stock, valued at $1,463,512.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Leslie Dimaggio also recently made the following trade(s):

  • On Wednesday, December 13th, Leslie Dimaggio sold 1,088 shares of Atlas Financial stock. The stock was sold at an average price of $19.17, for a total transaction of $20,856.96.
  • On Thursday, November 30th, Leslie Dimaggio sold 5,503 shares of Atlas Financial stock. The stock was sold at an average price of $20.31, for a total transaction of $111,765.93.
  • On Monday, November 13th, Leslie Dimaggio sold 12,797 shares of Atlas Financial stock. The stock was sold at an average price of $19.72, for a total transaction of $252,356.84.

Shares of Atlas Financial Holdings Inc (NASDAQ AFH) opened at $20.55 on Friday. The company has a market cap of $247.24, a P/E ratio of 146.80 and a beta of 0.88. Atlas Financial Holdings Inc has a 1 year low of $12.15 and a 1 year high of $21.45. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.59 and a quick ratio of 0.59.

A number of brokerages have recently issued reports on AFH. ValuEngine upgraded shares of Atlas Financial from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Zacks Investment Research lowered shares of Atlas Financial from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 10th. Boenning Scattergood restated a “buy” rating on shares of Atlas Financial in a research report on Tuesday, November 7th. Sandler O’Neill restated a “buy” rating and set a $24.00 target price on shares of Atlas Financial in a research report on Wednesday. Finally, BidaskClub lowered shares of Atlas Financial from a “buy” rating to a “hold” rating in a research report on Thursday. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $20.75.

Several hedge funds have recently added to or reduced their stakes in the company. Wasatch Advisors Inc. grew its position in shares of Atlas Financial by 13.1% in the third quarter. Wasatch Advisors Inc. now owns 780,955 shares of the insurance provider’s stock valued at $14,760,000 after purchasing an additional 90,246 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Atlas Financial by 11.0% in the second quarter. Vanguard Group Inc. now owns 457,267 shares of the insurance provider’s stock valued at $6,813,000 after purchasing an additional 45,156 shares during the last quarter. Tieton Capital Management LLC grew its position in shares of Atlas Financial by 8.1% in the second quarter. Tieton Capital Management LLC now owns 366,520 shares of the insurance provider’s stock valued at $5,461,000 after purchasing an additional 27,590 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Atlas Financial by 12.2% in the third quarter. Dimensional Fund Advisors LP now owns 300,806 shares of the insurance provider’s stock valued at $5,685,000 after purchasing an additional 32,663 shares during the last quarter. Finally, State Street Corp lifted its stake in shares of Atlas Financial by 5.5% during the second quarter. State Street Corp now owns 166,521 shares of the insurance provider’s stock valued at $2,479,000 after buying an additional 8,738 shares during the period. Institutional investors and hedge funds own 79.73% of the company’s stock.

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About Atlas Financial

Atlas Financial Holdings Inc formerly JJR VI Acquisition Corp is a Canada-based company. It is engaged in the business of providing commercial automobile insurance in the United States with a niche market orientation. The Company’s automobile insurance products provide coverage in three areas: liability, accident benefits and physical damage.

Insider Buying and Selling by Quarter for Atlas Financial (NASDAQ:AFH)

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