Atlas Financial Holdings, Inc. (NASDAQ:AFH) Director Joseph Raymond Shugrue sold 1,676 shares of the stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $20.12, for a total value of $33,721.12. Following the transaction, the director now owns 81,765 shares of the company’s stock, valued at $1,645,111.80. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Shares of Atlas Financial Holdings, Inc. (AFH) traded down $1.05 on Friday, reaching $18.95. The company had a trading volume of 31,216 shares, compared to its average volume of 46,218. Atlas Financial Holdings, Inc. has a 52-week low of $12.15 and a 52-week high of $20.70. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.17.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Goldman Sachs Group Inc. bought a new position in Atlas Financial during the second quarter worth $151,000. Citadel Advisors LLC bought a new position in Atlas Financial during the second quarter worth $161,000. Parametric Portfolio Associates LLC bought a new position in Atlas Financial during the second quarter worth $165,000. Rhumbline Advisers lifted its stake in Atlas Financial by 2.5% during the second quarter. Rhumbline Advisers now owns 11,737 shares of the insurance provider’s stock worth $175,000 after purchasing an additional 290 shares during the last quarter. Finally, Teachers Advisors LLC lifted its stake in Atlas Financial by 16.6% during the second quarter. Teachers Advisors LLC now owns 20,463 shares of the insurance provider’s stock worth $305,000 after purchasing an additional 2,914 shares during the last quarter. Hedge funds and other institutional investors own 79.73% of the company’s stock.

Several equities analysts have recently commented on AFH shares. Boenning Scattergood reiterated a “buy” rating on shares of Atlas Financial in a research note on Tuesday, November 7th. ValuEngine upgraded Atlas Financial from a “sell” rating to a “hold” rating in a research note on Friday, September 22nd. Zacks Investment Research cut Atlas Financial from a “hold” rating to a “sell” rating in a research note on Monday, October 16th. Finally, TheStreet upgraded Atlas Financial from a “c” rating to a “b-” rating in a research note on Friday, August 18th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $18.67.

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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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