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AMERISAFE (NASDAQ:AMSF) CEO C Allen Bradley, Jr. sold 3,560 shares of the stock on the open market in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $39.66, for a total transaction of $141,189.60. Following the transaction, the chief executive officer now directly owns 110,102 shares in the company, valued at approximately $4,366,645. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

AMERISAFE (NASDAQ:AMSF) traded up 0.43% on Monday, hitting $39.53. The stock had a trading volume of 67,995 shares. AMERISAFE has a one year low of $28.53 and a one year high of $44.50. The stock’s 50-day moving average is $41.50 and its 200-day moving average is $38.26. The company has a market cap of $727.2 million and a P/E ratio of 20.80.

AMSF has been the subject of a number of recent research reports. Analysts at JMP Securities raised their price target on shares of AMERISAFE from $45.00 to $48.00 in a research note to investors on Friday, January 17th. Separately, analysts at FBR Capital Markets upgraded shares of AMERISAFE from a “market perform” rating to an “outperform” rating in a research note to investors on Tuesday, December 17th. They now have a $50.00 price target on the stock, up previously from $38.00. Finally, analysts at Zacks upgraded shares of AMERISAFE from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, November 18th. They now have a $48.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $42.17.

AMERISAFE, Inc (NASDAQ:AMSF) is an insurance holding company.

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