Atlas Financial Holdings, Inc. (NASDAQ:AFH) insider Kingsway America Inc sold 3,383 shares of the stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $17.13, for a total transaction of $57,950.79. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Kingsway America Inc also recently made the following trade(s):

  • On Tuesday, September 12th, Kingsway America Inc sold 1,936 shares of Atlas Financial Holdings stock. The shares were sold at an average price of $17.10, for a total transaction of $33,105.60.
  • On Monday, September 11th, Kingsway America Inc sold 5,000 shares of Atlas Financial Holdings stock. The shares were sold at an average price of $17.16, for a total transaction of $85,800.00.
  • On Wednesday, September 6th, Kingsway America Inc sold 10,000 shares of Atlas Financial Holdings stock. The shares were sold at an average price of $16.76, for a total transaction of $167,600.00.
  • On Tuesday, September 5th, Kingsway America Inc sold 4,000 shares of Atlas Financial Holdings stock. The shares were sold at an average price of $16.75, for a total transaction of $67,000.00.
  • On Thursday, August 31st, Kingsway America Inc sold 580 shares of Atlas Financial Holdings stock. The shares were sold at an average price of $17.00, for a total transaction of $9,860.00.
  • On Monday, August 28th, Kingsway America Inc sold 33,684 shares of Atlas Financial Holdings stock. The shares were sold at an average price of $16.72, for a total transaction of $563,196.48.
  • On Thursday, August 24th, Kingsway America Inc sold 16,316 shares of Atlas Financial Holdings stock. The shares were sold at an average price of $16.51, for a total transaction of $269,377.16.
  • On Tuesday, August 22nd, Kingsway America Inc sold 20,000 shares of Atlas Financial Holdings stock. The shares were sold at an average price of $16.20, for a total transaction of $324,000.00.
  • On Thursday, June 29th, Kingsway America Inc sold 28,191 shares of Atlas Financial Holdings stock. The shares were sold at an average price of $15.10, for a total transaction of $425,684.10.

Atlas Financial Holdings, Inc. (AFH) opened at 17.35 on Thursday. Atlas Financial Holdings, Inc. has a 12 month low of $12.15 and a 12 month high of $18.40. The firm’s 50-day moving average is $16.21 and its 200-day moving average is $14.53. The company has a market cap of $208.72 million, a price-to-earnings ratio of 70.24 and a beta of 0.87.

Atlas Financial Holdings (NASDAQ:AFH) last released its quarterly earnings results on Monday, August 7th. The insurance provider reported $0.72 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.42 by $0.30. Atlas Financial Holdings had a net margin of 1.67% and a negative return on equity of 3.32%. The firm had revenue of $55.70 million during the quarter, compared to analyst estimates of $58.50 million. On average, analysts anticipate that Atlas Financial Holdings, Inc. will post $1.66 EPS for the current fiscal year.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. purchased a new stake in shares of Atlas Financial Holdings during the 2nd quarter valued at about $151,000. Citadel Advisors LLC purchased a new stake in shares of Atlas Financial Holdings during the 2nd quarter valued at about $161,000. Parametric Portfolio Associates LLC purchased a new stake in shares of Atlas Financial Holdings during the 2nd quarter valued at about $165,000. Rhumbline Advisers increased its position in shares of Atlas Financial Holdings by 2.5% during the 2nd 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, Teachers Advisors LLC increased its position in shares of Atlas Financial Holdings by 16.6% during the 2nd quarter. Teachers Advisors LLC now owns 20,463 shares of the insurance provider’s stock valued at $305,000 after purchasing an additional 2,914 shares during the last quarter. 79.41% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have weighed in on the stock. JMP Securities assumed coverage on shares of Atlas Financial Holdings in a research report on Wednesday, May 24th. They set an “outperform” rating and a $18.00 target price for the company. Boenning Scattergood reiterated a “buy” rating on shares of Atlas Financial Holdings in a research report on Tuesday, August 8th. ValuEngine lowered shares of Atlas Financial Holdings from a “hold” rating to a “sell” rating in a research report on Friday, June 16th. Zacks Investment Research upgraded shares of Atlas Financial Holdings from a “hold” rating to a “strong-buy” rating and set a $19.00 target price for the company in a research report on Tuesday, August 15th. Finally, TheStreet upgraded shares of Atlas Financial Holdings from a “c” rating to a “b-” rating in a research report on Friday, August 18th. One equities research analyst has rated the stock with a sell rating, three have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $18.67.

About Atlas Financial Holdings

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 Holdings (NASDAQ:AFH)

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