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Atlas Financial Holdings (NYSE:AFH) major shareholder Magnolia Capital Partners, Llc unloaded 4,404 shares of Atlas Financial Holdings stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $15.53, for a total transaction of $68,394.12. Following the sale, the insider now directly owns 1,251,635 shares of the company’s stock, valued at approximately $19,437,892. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Shares of Atlas Financial Holdings (NYSE:AFH) traded down 2.93% during mid-day trading on Friday, hitting $14.60. The stock had a trading volume of 1,448,463 shares. Atlas Financial Holdings has a 52-week low of $8.27 and a 52-week high of $16.32. The stock’s 50-day moving average is $14.91 and its 200-day moving average is $13.8. The company has a market cap of $140.3 million and a P/E ratio of 17.71.

Atlas Financial Holdings (NYSE:AFH) last released its earnings data on Wednesday, May 7th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by $0.02. Analysts expect that Atlas Financial Holdings will post $1.09 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Atlas Financial Holdings from an “outperform” rating to a “neutral” rating in a research note on Tuesday. They now have a $17.30 price target on the stock. Analysts at Janney Montgomery Scott initiated coverage on shares of Atlas Financial Holdings in a research note on Tuesday, June 10th. They set a “neutral” rating on the stock.

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