Scott D. Wollney Sells 4,852 Shares of Atlas Financial Holdings Inc (AFH) Stock

Atlas Financial Holdings Inc (NASDAQ:AFH) CEO Scott D. Wollney sold 4,852 shares of the company’s stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $18.75, for a total value of $90,975.00. Following the transaction, the chief executive officer now owns 340,524 shares of the company’s stock, valued at $6,384,825. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Shares of Atlas Financial Holdings Inc (NASDAQ AFH) traded up $0.10 during midday trading on Thursday, hitting $18.60. The stock had a trading volume of 18,800 shares, compared to its average volume of 45,887. Atlas Financial Holdings Inc has a twelve month low of $12.15 and a twelve month high of $20.80. 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 research analysts have recently issued reports on AFH shares. Zacks Investment Research raised Atlas Financial from a “sell” rating to a “hold” rating in a research note on Tuesday, November 14th. Boenning Scattergood reissued a “buy” rating on shares of Atlas Financial in a research note on Tuesday, November 7th. Finally, ValuEngine raised Atlas Financial from a “sell” rating to a “hold” rating in a research note on Friday, September 22nd. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $18.67.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. OxFORD Asset Management LLP lifted its holdings in shares of Atlas Financial by 48.2% during the third quarter. OxFORD Asset Management LLP now owns 28,270 shares of the insurance provider’s stock valued at $537,000 after purchasing an additional 9,200 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Atlas Financial by 12.2% during the third quarter. Dimensional Fund Advisors LP now owns 300,806 shares of the insurance provider’s stock valued at $5,685,000 after buying an additional 32,663 shares during the period. Wells Fargo & Company MN raised its position in Atlas Financial by 8.6% during the third quarter. Wells Fargo & Company MN now owns 41,100 shares of the insurance provider’s stock valued at $693,000 after buying an additional 3,271 shares during the period. GMT Capital Corp acquired a new position in Atlas Financial during the third quarter valued at $902,000. Finally, Wasatch Advisors Inc. raised its position in Atlas Financial by 13.1% during the third quarter. Wasatch Advisors Inc. now owns 780,955 shares of the insurance provider’s stock valued at $14,760,000 after buying an additional 90,246 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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