AmTrust Financial Services Inc (NASDAQ:AFSI) was the target of some unusual options trading activity on Wednesday. Stock investors bought 73,833 call options on the company. This represents an increase of 1,886% compared to the average volume of 3,717 call options.

Shares of NASDAQ AFSI opened at $14.11 on Friday. AmTrust Financial Services has a one year low of $8.80 and a one year high of $14.74. The company has a current ratio of 0.52, a quick ratio of 0.54 and a debt-to-equity ratio of 0.52. The company has a market cap of $2.80 billion, a price-to-earnings ratio of 13.45 and a beta of 1.09.

A number of research analysts have commented on AFSI shares. BidaskClub upgraded shares of AmTrust Financial Services from a “strong sell” rating to a “sell” rating in a research report on Tuesday, September 25th. B. Riley increased their price target on shares of AmTrust Financial Services from $12.00 to $14.75 and gave the company a “neutral” rating in a research report on Tuesday, August 7th. Six analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold” and an average target price of $14.88.

A number of hedge funds and other institutional investors have recently modified their holdings of AFSI. Mint Tower Capital Management B.V. bought a new position in shares of AmTrust Financial Services in the second quarter worth approximately $146,000. Harvest Management LLC bought a new position in shares of AmTrust Financial Services in the second quarter worth approximately $146,000. Nisa Investment Advisors LLC bought a new position in shares of AmTrust Financial Services in the second quarter worth approximately $161,000. Russell Investments Group Ltd. grew its holdings in shares of AmTrust Financial Services by 35.9% in the first quarter. Russell Investments Group Ltd. now owns 15,074 shares of the insurance provider’s stock worth $186,000 after purchasing an additional 3,983 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its holdings in shares of AmTrust Financial Services by 287.5% in the second quarter. Advisors Asset Management Inc. now owns 68,581 shares of the insurance provider’s stock worth $216,000 after purchasing an additional 50,884 shares during the last quarter. Institutional investors and hedge funds own 37.07% of the company’s stock.

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AmTrust Financial Services Company Profile

AmTrust Financial Services, Inc provides property and casualty insurance in the United States and internationally. The company operates in three segments: Small Commercial Business, Specialty Risk and Extended Warranty, and Specialty Program. The Small Commercial Business segment offers workers' compensation insurance products; and commercial package, and other property and casualty insurance products, such as commercial property, general liability, inland marine, employment practices liability, commercial automobile, and umbrella coverage to small businesses.

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