Atlas Financial Holdings, Inc. (NASDAQ:AFH) Director Joseph Raymond Shugrue sold 1,676 shares of Atlas Financial stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $20.12, for a total transaction of $33,721.12. Following the completion of the transaction, the director now directly owns 81,765 shares of the company’s stock, valued at $1,645,111.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Atlas Financial Holdings, Inc. (AFH) traded down $1.05 on Friday, hitting $18.95. 31,132 shares of the stock traded hands, compared to its average volume of 30,135. 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.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. purchased a new position in shares of Atlas Financial during the second quarter valued at approximately $151,000. Citadel Advisors LLC purchased a new position in shares of Atlas Financial during the second quarter valued at approximately $161,000. Parametric Portfolio Associates LLC purchased a new position in shares of Atlas Financial during the second quarter valued at approximately $165,000. Rhumbline Advisers raised 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 last quarter. Finally, Alpine Woods Capital Investors LLC purchased a new position in shares of Atlas Financial during the third quarter valued at approximately $386,000. 79.73% of the stock is owned by hedge funds and other institutional investors.
TRADEMARK VIOLATION WARNING: This article was originally published by Community Financial News and is the property of of Community Financial News. If you are viewing this article on another publication, it was illegally copied and reposted in violation of United States and international copyright & trademark laws. The original version of this article can be read at https://www.com-unik.info/2017/12/03/joseph-raymond-shugrue-sells-1676-shares-of-atlas-financial-holdings-inc-afh-stock.html.
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.
What are top analysts saying about Atlas Financial Holdings Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Atlas Financial Holdings Inc. and related companies.