Atlas Financial Holdings, Inc. (NASDAQ:AFH) Director Walter Frederick Walker acquired 5,000 shares of the business’s stock in a transaction on Tuesday, July 11th. The shares were purchased at an average price of $14.08 per share, for a total transaction of $70,400.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Walter Frederick Walker also recently made the following trade(s):

  • On Monday, July 10th, Walter Frederick Walker purchased 882 shares of Atlas Financial Holdings stock. The shares were bought at an average price of $14.31 per share, for a total transaction of $12,621.42.

Shares of Atlas Financial Holdings, Inc. (NASDAQ AFH) remained flat at $14.30 during mid-day trading on Monday. The company had a trading volume of 978 shares. Atlas Financial Holdings, Inc. has a 1-year low of $12.15 and a 1-year high of $18.40. The stock’s 50 day moving average price is $14.91 and its 200 day moving average price is $15.03. The company has a market capitalization of $172.03 million, a PE ratio of 72.22 and a beta of 0.88.

Atlas Financial Holdings (NASDAQ:AFH) last released its quarterly earnings data on Monday, May 8th. The insurance provider reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.29. The company had revenue of $49.82 million for the quarter. Atlas Financial Holdings had a negative return on equity of 4.19% and a net margin of 1.46%. Equities research analysts predict that Atlas Financial Holdings, Inc. will post $1.60 earnings per share for the current year.

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A number of analysts have recently weighed in on the company. ValuEngine cut Atlas Financial Holdings from a “hold” rating to a “sell” rating in a research report on Friday, June 16th. Sandler O’Neill upgraded Atlas Financial Holdings from a “hold” rating to a “buy” rating in a research report on Wednesday, May 10th. Boenning Scattergood assumed coverage on Atlas Financial Holdings in a research report on Tuesday, June 13th. They set an “outperform” rating and a $19.00 price target on the stock. Finally, JMP Securities assumed coverage on Atlas Financial Holdings in a research report on Wednesday, May 24th. They set an “outperform” rating and a $18.00 price target on the stock. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $18.50.

Large investors have recently added to or reduced their stakes in the stock. Ariel Investments LLC increased its stake in Atlas Financial Holdings by 14.3% in the first quarter. Ariel Investments LLC now owns 1,120,753 shares of the insurance provider’s stock worth $15,298,000 after buying an additional 140,581 shares during the last quarter. WCM Investment Management CA increased its stake in Atlas Financial Holdings by 23.0% in the first quarter. WCM Investment Management CA now owns 445,378 shares of the insurance provider’s stock worth $6,079,000 after buying an additional 83,175 shares during the last quarter. Tieton Capital Management LLC bought a new stake in Atlas Financial Holdings during the first quarter worth $4,626,000. Royce & Associates LP increased its stake in Atlas Financial Holdings by 39.8% in the first quarter. Royce & Associates LP now owns 304,800 shares of the insurance provider’s stock worth $4,161,000 after buying an additional 86,800 shares during the last quarter. Finally, Foresters Investment Management Company Inc. increased its stake in Atlas Financial Holdings by 0.6% in the first quarter. Foresters Investment Management Company Inc. now owns 246,000 shares of the insurance provider’s stock worth $3,358,000 after buying an additional 1,500 shares during the last quarter. 79.92% of the stock is currently owned by institutional investors.

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.

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