AmTrust Financial Services Inc. (NASDAQ:AFSI) SVP Stephen Ungar sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 15th. The stock was sold at an average price of $25.74, for a total transaction of $128,700.00. Following the sale, the senior vice president now owns 169,518 shares in the company, valued at $4,363,393.32. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Stephen Ungar also recently made the following trade(s):

  • On Monday, October 17th, Stephen Ungar sold 5,000 shares of AmTrust Financial Services stock. The stock was sold at an average price of $27.82, for a total transaction of $139,100.00.
  • On Thursday, September 15th, Stephen Ungar sold 5,000 shares of AmTrust Financial Services stock. The stock was sold at an average price of $26.50, for a total transaction of $132,500.00.

AmTrust Financial Services Inc. (NASDAQ:AFSI) opened at 26.04 on Friday. The company has a market capitalization of $4.44 billion, a PE ratio of 11.26 and a beta of 1.08. The company has a 50 day moving average of $26.36 and a 200 day moving average of $25.83. AmTrust Financial Services Inc. has a 1-year low of $23.55 and a 1-year high of $32.22.

AmTrust Financial Services (NASDAQ:AFSI) last issued its earnings results on Thursday, November 3rd. The company reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.02. AmTrust Financial Services had a return on equity of 19.81% and a net margin of 8.39%. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period in the prior year, the firm earned $1.79 earnings per share. AmTrust Financial Services’s revenue for the quarter was up 14.7% on a year-over-year basis. On average, analysts predict that AmTrust Financial Services Inc. will post $3.03 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for AmTrust Financial Services (NASDAQ:AFSI)

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 17th. Stockholders of record on Tuesday, January 3rd will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date of this dividend is Thursday, December 29th. AmTrust Financial Services’s payout ratio is 29.44%.

Institutional investors have recently modified their holdings of the company. Canada Pension Plan Investment Board raised its position in shares of AmTrust Financial Services by 104.8% in the first quarter. Canada Pension Plan Investment Board now owns 4,300 shares of the company’s stock worth $111,000 after buying an additional 2,200 shares during the last quarter. Huntington National Bank raised its position in shares of AmTrust Financial Services by 49.0% in the second quarter. Huntington National Bank now owns 4,758 shares of the company’s stock worth $117,000 after buying an additional 1,564 shares during the last quarter. Schroder Investment Management Group purchased a new position in shares of AmTrust Financial Services during the second quarter worth $132,000. The Manufacturers Life Insurance Company purchased a new position in shares of AmTrust Financial Services during the third quarter worth $137,000. Finally, Legal & General Group Plc raised its position in shares of AmTrust Financial Services by 4.4% in the second quarter. Legal & General Group Plc now owns 5,790 shares of the company’s stock worth $142,000 after buying an additional 245 shares during the last quarter. 43.80% of the stock is currently owned by institutional investors.

Separately, Zacks Investment Research raised shares of AmTrust Financial Services from a “sell” rating to a “hold” rating in a research note on Thursday, August 11th. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $41.50.

AmTrust Financial Services Company Profile

Amtrust Financial Services, Inc (AmTrust) is an insurance holding company. The Company, through its subsidiaries, provides specialty property and casualty insurance focusing on workers’ compensation and commercial package coverage for small business, specialty risk and extended warranty coverage, and property and casualty coverage for middle market business.

5 Day Chart for NASDAQ:AFSI

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