AMERISAFE, Inc. (NASDAQ:AMSF) CEO G. Janelle Frost sold 1,728 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $66.74, for a total transaction of $115,326.72. Following the completion of the transaction, the chief executive officer now owns 54,322 shares in the company, valued at approximately $3,625,450.28. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

AMERISAFE, Inc. (AMSF) traded down $0.95 during mid-day trading on Friday, reaching $63.95. 116,120 shares of the company’s stock traded hands, compared to its average volume of 86,463. The company has a market capitalization of $1,210.00, a P/E ratio of 18.87 and a beta of 0.89. AMERISAFE, Inc. has a 12 month low of $51.20 and a 12 month high of $69.40.

AMERISAFE (NASDAQ:AMSF) last posted its earnings results on Wednesday, October 25th. The insurance provider reported $0.87 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.08. The company had revenue of $92.90 million during the quarter, compared to the consensus estimate of $92.04 million. AMERISAFE had a net margin of 17.07% and a return on equity of 13.92%. The company’s revenue for the quarter was down 5.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.93 earnings per share. equities research analysts forecast that AMERISAFE, Inc. will post 3.22 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, December 14th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.25%. The ex-dividend date is Wednesday, December 13th. AMERISAFE’s dividend payout ratio is 23.81%.

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Several analysts have commented on AMSF shares. B. Riley reissued a “buy” rating on shares of AMERISAFE in a research report on Monday, November 6th. SunTrust Banks, Inc. reissued a “buy” rating and issued a $69.00 target price on shares of AMERISAFE in a research report on Friday, October 27th. Boenning Scattergood reissued a “hold” rating on shares of AMERISAFE in a research report on Thursday, October 26th. FBR & Co reissued a “buy” rating on shares of AMERISAFE in a research report on Wednesday, October 25th. Finally, Zacks Investment Research raised shares of AMERISAFE from a “hold” rating to a “buy” rating and set a $65.00 target price for the company in a research report on Monday, September 18th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $66.00.

A number of hedge funds have recently bought and sold shares of AMSF. American Century Companies Inc. bought a new stake in shares of AMERISAFE during the 2nd quarter worth $12,471,000. Aperio Group LLC boosted its holdings in shares of AMERISAFE by 1.2% during the 2nd quarter. Aperio Group LLC now owns 6,727 shares of the insurance provider’s stock worth $383,000 after buying an additional 83 shares during the period. BlackRock Inc. boosted its holdings in shares of AMERISAFE by 90,634.5% during the 1st quarter. BlackRock Inc. now owns 2,254,752 shares of the insurance provider’s stock worth $146,333,000 after buying an additional 2,252,267 shares during the period. Mutual of America Capital Management LLC boosted its holdings in shares of AMERISAFE by 41.4% during the 2nd quarter. Mutual of America Capital Management LLC now owns 44,568 shares of the insurance provider’s stock worth $2,538,000 after buying an additional 13,054 shares during the period. Finally, Great West Life Assurance Co. Can boosted its holdings in shares of AMERISAFE by 3.3% during the 2nd quarter. Great West Life Assurance Co. Can now owns 28,653 shares of the insurance provider’s stock worth $1,630,000 after buying an additional 912 shares during the period. 99.53% of the stock is owned by institutional investors.

About AMERISAFE

Amerisafe, Inc is an insurance holding company. The Company is engaged in providing workers’ compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, manufacturing, and agriculture. It is engaged in underwriting the workers’ compensation exposures inherent in these industries.

Insider Buying and Selling by Quarter for AMERISAFE (NASDAQ:AMSF)

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