Insider Selling: Atlas Financial Holdings, Inc. (AFH) Insider Sells 5,503 Shares of Stock

Atlas Financial Holdings, Inc. (NASDAQ:AFH) insider Leslie Dimaggio sold 5,503 shares of the firm’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $20.31, for a total value of $111,765.93. Following the transaction, the insider now owns 82,182 shares in the company, valued at $1,669,116.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Leslie Dimaggio also recently made the following trade(s):

  • On Monday, November 13th, Leslie Dimaggio sold 12,797 shares of Atlas Financial stock. The stock was sold at an average price of $19.72, for a total value of $252,356.84.

Shares of Atlas Financial Holdings, Inc. (AFH) traded down $1.05 during midday trading on Friday, reaching $18.95. The company’s stock had a trading volume of 31,216 shares, compared to its average volume of 46,218. Atlas Financial Holdings, Inc. has a 1 year low of $12.15 and a 1 year 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.

Several equities analysts recently issued reports on AFH shares. Boenning Scattergood restated a “buy” rating on shares of Atlas Financial in a research note on Tuesday, November 7th. Zacks Investment Research upgraded Atlas Financial from a “hold” rating to a “strong-buy” rating and set a $19.00 price objective on the stock in a research note on Tuesday, August 15th. TheStreet upgraded Atlas Financial from a “c” rating to a “b-” rating in a research note on Friday, August 18th. Finally, ValuEngine raised Atlas Financial from a “sell” rating to a “hold” rating in a research report on Friday, September 22nd. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $18.67.

Hedge funds and other institutional investors have recently modified their holdings of the business. Goldman Sachs Group Inc. acquired a new stake in Atlas Financial in the second quarter worth $151,000. Citadel Advisors LLC acquired a new position in shares of Atlas Financial during the second quarter valued at $161,000. Parametric Portfolio Associates LLC acquired a new position in shares of Atlas Financial during the second quarter valued at $165,000. Rhumbline Advisers increased its holdings in shares of Atlas Financial 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 during the period. Finally, Teachers Advisors LLC increased its holdings in shares of Atlas Financial by 16.6% during the second quarter. Teachers Advisors LLC now owns 20,463 shares of the insurance provider’s stock valued at $305,000 after purchasing an additional 2,914 shares during the period. 79.73% of the stock is currently owned by hedge funds and other institutional investors.

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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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