Atlas Financial Holdings, Inc. (NASDAQ:AFH) insider Kingsway America Inc sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 6th. The stock was sold at an average price of $16.76, for a total transaction of $167,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Kingsway America Inc also recently made the following trade(s):

  • On Tuesday, September 5th, Kingsway America Inc sold 4,000 shares of Atlas Financial Holdings stock. The stock was sold at an average price of $16.75, for a total transaction of $67,000.00.
  • On Thursday, August 31st, Kingsway America Inc sold 580 shares of Atlas Financial Holdings stock. The stock was sold at an average price of $17.00, for a total transaction of $9,860.00.
  • On Monday, August 28th, Kingsway America Inc sold 33,684 shares of Atlas Financial Holdings stock. The stock was sold at an average price of $16.72, for a total transaction of $563,196.48.
  • On Thursday, August 24th, Kingsway America Inc sold 16,316 shares of Atlas Financial Holdings stock. The stock was sold at an average price of $16.51, for a total transaction of $269,377.16.
  • On Tuesday, August 22nd, Kingsway America Inc sold 20,000 shares of Atlas Financial Holdings stock. The stock was sold at an average price of $16.20, for a total transaction of $324,000.00.
  • On Thursday, June 29th, Kingsway America Inc sold 28,191 shares of Atlas Financial Holdings stock. The stock was sold at an average price of $15.10, for a total transaction of $425,684.10.

Atlas Financial Holdings, Inc. (NASDAQ AFH) traded up 0.89% during mid-day trading on Friday, hitting $17.05. 30,086 shares of the stock traded hands. Atlas Financial Holdings, Inc. has a 12 month low of $12.15 and a 12 month high of $18.40. The company has a market cap of $205.11 million, a P/E ratio of 69.03 and a beta of 0.87. The company’s 50 day moving average is $16.02 and its 200 day moving average is $14.49.

Atlas Financial Holdings (NASDAQ:AFH) last released its quarterly earnings results on Monday, August 7th. The insurance provider reported $0.72 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.42 by $0.30. The company had revenue of $55.70 million for the quarter, compared to the consensus estimate of $58.50 million. Atlas Financial Holdings had a net margin of 1.67% and a negative return on equity of 3.32%. On average, analysts expect that Atlas Financial Holdings, Inc. will post $1.66 earnings per share for the current fiscal year.

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Several analysts have issued reports on AFH shares. JMP Securities started coverage on shares of Atlas Financial Holdings in a research note on Wednesday, May 24th. They issued an “outperform” rating and a $18.00 target price on the stock. ValuEngine cut shares of Atlas Financial Holdings from a “hold” rating to a “sell” rating in a research note on Friday, June 16th. Boenning Scattergood started coverage on shares of Atlas Financial Holdings in a research note on Tuesday, June 13th. They issued an “outperform” rating and a $19.00 target price on the stock. TheStreet upgraded shares of Atlas Financial Holdings from a “c” rating to a “b-” rating in a research note on Friday, August 18th. Finally, Zacks Investment Research upgraded shares of Atlas Financial Holdings from a “hold” rating to a “strong-buy” rating and set a $19.00 price objective on the stock in a research report on Tuesday, August 15th. One investment analyst has rated the stock with a sell rating, three have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $18.67.

A number of institutional investors have recently added to or reduced their stakes in AFH. Goldman Sachs Group Inc. purchased a new stake in Atlas Financial Holdings during the second quarter valued at $151,000. Citadel Advisors LLC purchased a new stake in Atlas Financial Holdings during the second quarter valued at $161,000. Parametric Portfolio Associates LLC purchased a new stake in Atlas Financial Holdings during the second quarter valued at $165,000. Rhumbline Advisers raised its stake in Atlas Financial Holdings by 2.5% during the second quarter. Rhumbline Advisers now owns 11,737 shares of the insurance provider’s stock valued at $175,000 after purchasing an additional 290 shares in the last quarter. Finally, Wedbush Securities Inc. raised its stake in Atlas Financial Holdings by 5.3% during the first quarter. Wedbush Securities Inc. now owns 15,815 shares of the insurance provider’s stock valued at $216,000 after purchasing an additional 800 shares in the last quarter. 79.41% of the stock is currently owned by institutional investors.

Atlas Financial Holdings Company Profile

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 Holdings (NASDAQ:AFH)

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