Joseph Raymond Shugrue Sells 707 Shares of Atlas Financial Holdings Inc (AFH) Stock

Atlas Financial Holdings Inc (NASDAQ:AFH) Director Joseph Raymond Shugrue sold 707 shares of the firm’s stock in a transaction on Wednesday, December 20th. The stock was sold at an average price of $18.75, for a total value of $13,256.25. Following the transaction, the director now owns 77,637 shares in the company, valued at $1,455,693.75. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

  • On Thursday, December 14th, Joseph Raymond Shugrue sold 657 shares of Atlas Financial stock. The stock was sold at an average price of $19.06, for a total value of $12,522.42.
  • 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 value of $10,578.30.
  • 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 (NASDAQ:AFH) traded up $0.15 during mid-day trading on Friday, hitting $19.05. The stock had a trading volume of 42,782 shares, compared to its average volume of 33,830. The firm has a market cap of $227.38, a PE ratio of 100.26 and a beta of 0.89. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.17. Atlas Financial Holdings Inc has a fifty-two week low of $12.15 and a fifty-two week high of $20.80.

Institutional investors have recently made changes to their positions in the stock. Rhumbline Advisers increased its stake in 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 buying an additional 290 shares in the last quarter. Wells Fargo & Company MN increased its stake in 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 buying an additional 1,211 shares in the last quarter. Geode Capital Management LLC increased its stake in 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 buying an additional 2,608 shares in the last quarter. Teachers Advisors LLC increased its stake in 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 buying an additional 2,914 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. increased its stake 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 in the last quarter. Hedge funds and other institutional investors own 79.73% of the company’s stock.

A number of analysts have recently weighed in on the company. ValuEngine raised Atlas Financial from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Zacks Investment Research cut Atlas Financial from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 10th. Finally, Boenning Scattergood reaffirmed a “buy” rating on shares of Atlas Financial in a research report on Tuesday, November 7th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $18.67.

WARNING: This article was posted by Community Financial News and is the sole property of of Community Financial News. If you are viewing this article on another website, it was copied illegally and reposted in violation of U.S. & international trademark and copyright legislation. The original version of this article can be accessed at https://www.com-unik.info/2017/12/23/joseph-raymond-shugrue-sells-707-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.

Insider Buying and Selling by Quarter for Atlas Financial (NASDAQ:AFH)

Receive News & Ratings for Atlas Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlas Financial and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit