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Amerisafe (NASDAQ:AMSF) CEO C Allen Bradley, Jr. sold 4,329 shares of the company’s stock on the open market in a transaction dated Tuesday, July 8th. The stock was sold at an average price of $40.97, for a total value of $177,359.13. Following the transaction, the chief executive officer now directly owns 115,895 shares of the company’s stock, valued at approximately $4,748,218. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Amerisafe from a “neutral” rating to an “underperform” rating in a research note on Friday, June 27th. They now have a $36.00 price target on the stock. Separately, analysts at Sidoti upgraded shares of Amerisafe from a “neutral” rating to a “buy” rating in a research note on Monday, June 23rd. One investment analyst has rated the stock with a sell rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $44.00.

Amerisafe (NASDAQ:AMSF) traded down 0.15% on Wednesday, hitting $40.93. 70,386 shares of the company’s stock traded hands. Amerisafe has a 52-week low of $32.42 and a 52-week high of $45.95. The stock’s 50-day moving average is $38.77 and its 200-day moving average is $40.92. The company has a market cap of $758.5 million and a P/E ratio of 17.02.

Amerisafe (NASDAQ:AMSF) last announced its earnings results on Wednesday, April 30th. The company reported $0.56 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.63 by $0.07. Analysts expect that Amerisafe will post $2.56 EPS for the current fiscal year.

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

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