Scott D. Wollney Sells 8,728 Shares of Atlas Financial Holdings, Inc. (AFH) Stock

Atlas Financial Holdings, Inc. (NASDAQ:AFH) CEO Scott D. Wollney sold 8,728 shares of the stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $20.31, for a total transaction of $177,265.68. Following the completion of the transaction, the chief executive officer now owns 347,134 shares of the company’s stock, valued at $7,050,291.54. The sale was disclosed in a document filed with the SEC, which is available through this link.

Atlas Financial Holdings, Inc. (NASDAQ AFH) traded down $1.05 during trading hours on Friday, reaching $18.95. 31,216 shares of the company’s stock were exchanged, compared to its average volume of 46,218. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.59 and a quick ratio of 0.59. Atlas Financial Holdings, Inc. has a 1-year low of $12.15 and a 1-year high of $20.70.

A number of analysts have weighed in 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 shares of Atlas Financial from a “hold” rating to a “strong-buy” rating and set a $19.00 price objective for the company in a research note on Tuesday, August 15th. TheStreet upgraded shares of Atlas Financial from a “c” rating to a “b-” rating in a research note on Friday, August 18th. Finally, ValuEngine upgraded shares of Atlas Financial from a “sell” rating to a “hold” rating in a research note on Friday, September 22nd. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $18.67.

A number of large investors have recently added to or reduced their stakes in AFH. Wasatch Advisors Inc. boosted its holdings in shares of Atlas Financial by 13.1% during the 3rd quarter. Wasatch Advisors Inc. now owns 780,955 shares of the insurance provider’s stock valued at $14,760,000 after acquiring an additional 90,246 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Atlas Financial by 11.0% during the 2nd quarter. Vanguard Group Inc. now owns 457,267 shares of the insurance provider’s stock valued at $6,813,000 after acquiring an additional 45,156 shares during the last quarter. WCM Investment Management CA boosted its holdings in shares of Atlas Financial by 0.8% during the 2nd quarter. WCM Investment Management CA now owns 448,883 shares of the insurance provider’s stock valued at $6,688,000 after acquiring an additional 3,505 shares during the last quarter. Tieton Capital Management LLC boosted its holdings in shares of Atlas Financial by 8.1% during the 2nd quarter. Tieton Capital Management LLC now owns 366,520 shares of the insurance provider’s stock valued at $5,461,000 after acquiring an additional 27,590 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Atlas Financial by 12.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 300,806 shares of the insurance provider’s stock valued at $5,685,000 after acquiring an additional 32,663 shares during the last quarter. Institutional investors and hedge funds own 79.73% of the company’s stock.

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Atlas Financial 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 (NASDAQ:AFH)

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