Atlas Financial Holdings Inc (NASDAQ:AFH) Director Joseph Raymond Shugrue sold 555 shares of the company’s stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of $19.06, for a total value of $10,578.30. Following the sale, the director now owns 79,534 shares in the company, valued at approximately $1,515,918.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Joseph Raymond Shugrue also recently made the following trade(s):

  • On Thursday, November 30th, Joseph Raymond Shugrue sold 1,676 shares of Atlas Financial stock. The shares were sold at an average price of $20.12, for a total value of $33,721.12.

Shares of Atlas Financial Holdings Inc (AFH) traded down $0.15 during midday trading on Wednesday, reaching $18.85. The company’s stock had a trading volume of 55,378 shares, compared to its average volume of 45,810. Atlas Financial Holdings Inc has a 12-month low of $12.15 and a 12-month high of $20.80. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.59 and a current ratio of 0.59.

Several brokerages have issued reports on AFH. Boenning Scattergood restated a “buy” rating on shares of Atlas Financial in a research note on Tuesday, November 7th. Zacks Investment Research cut Atlas Financial from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 10th. ValuEngine upgraded Atlas Financial from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. 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 stock. The stock presently has a consensus rating of “Buy” and an average target price of $18.67.

Several institutional investors have recently made changes to their positions in the company. Rhumbline Advisers raised its position in shares of Atlas Financial by 2.5% during the 2nd 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 period. Wells Fargo & Company MN raised its position in shares of Atlas Financial by 3.3% during the 2nd quarter. Wells Fargo & Company MN now owns 37,829 shares of the insurance provider’s stock worth $563,000 after purchasing an additional 1,211 shares during the period. Geode Capital Management LLC raised its position in shares of Atlas Financial by 3.6% during the 1st quarter. Geode Capital Management LLC now owns 75,786 shares of the insurance provider’s stock worth $1,034,000 after purchasing an additional 2,608 shares during the period. Teachers Advisors LLC raised its position in shares of Atlas Financial by 16.6% during the 2nd 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 period. Finally, WCM Investment Management CA raised its position 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 worth $6,688,000 after purchasing an additional 3,505 shares during the period. Institutional investors and hedge funds own 79.73% of the company’s stock.

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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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