Atlas Financial Holdings Inc (NASDAQ:AFH) Director Sells $12,522.42 in Stock

Atlas Financial Holdings Inc (NASDAQ:AFH) Director Joseph Raymond Shugrue sold 657 shares of Atlas Financial stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $19.06, for a total transaction of $12,522.42. Following the sale, the director now owns 78,344 shares in the company, valued at approximately $1,493,236.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Wednesday, December 20th, Joseph Raymond Shugrue sold 707 shares of Atlas Financial stock. The stock was sold at an average price of $18.75, for a total transaction of $13,256.25.
  • On Tuesday, December 12th, Joseph Raymond Shugrue sold 555 shares of Atlas Financial stock. The stock was sold at an average price of $19.06, for a total transaction of $10,578.30.
  • On Thursday, November 30th, Joseph Raymond Shugrue sold 1,676 shares of Atlas Financial stock. The stock was sold at an average price of $20.12, for a total transaction of $33,721.12.

Shares of Atlas Financial Holdings Inc (NASDAQ AFH) opened at $20.55 on Friday. The firm has a market cap of $247.23, a PE ratio of 108.16 and a beta of 0.89. Atlas Financial Holdings Inc has a 1-year low of $12.15 and a 1-year high of $21.45. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.59 and a quick ratio of 0.59.

Several analysts have weighed in on AFH shares. ValuEngine upgraded shares of Atlas Financial from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Zacks Investment Research lowered shares of Atlas Financial from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 10th. Boenning Scattergood reiterated a “buy” rating on shares of Atlas Financial in a research note on Tuesday, November 7th. Sandler O’Neill reiterated a “buy” rating and set a $24.00 target price on shares of Atlas Financial in a research note on Wednesday. Finally, BidaskClub downgraded shares of Atlas Financial from a “buy” rating to a “hold” rating in a report on Thursday. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $20.75.

A number of hedge funds have recently bought and sold shares of AFH. Rhumbline Advisers raised its position in Atlas Financial by 2.5% in the second quarter. Rhumbline Advisers now owns 11,737 shares of the insurance provider’s stock worth $175,000 after acquiring an additional 290 shares in the last quarter. Wells Fargo & Company MN raised its position in Atlas Financial by 3.3% in the second quarter. Wells Fargo & Company MN now owns 37,829 shares of the insurance provider’s stock worth $563,000 after acquiring an additional 1,211 shares in the last quarter. Geode Capital Management LLC raised its position in Atlas Financial by 3.6% in the first quarter. Geode Capital Management LLC now owns 75,786 shares of the insurance provider’s stock worth $1,034,000 after acquiring an additional 2,608 shares in the last quarter. Teachers Advisors LLC raised its position in Atlas Financial by 16.6% in the second quarter. Teachers Advisors LLC now owns 20,463 shares of the insurance provider’s stock worth $305,000 after acquiring an additional 2,914 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. raised its holdings in Atlas Financial by 9.2% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 67,670 shares of the insurance provider’s stock worth $1,279,000 after buying an additional 5,720 shares during the period. 79.73% of the stock is owned by institutional investors and hedge funds.

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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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