Values First Advisors Inc. grew its holdings in shares of AMERISAFE, Inc. (NASDAQ:AMSF – Free Report) by 8.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,350 shares of the insurance provider’s stock after acquiring an additional 404 shares during the quarter. Values First Advisors Inc.’s holdings in AMERISAFE were worth $276,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC raised its stake in AMERISAFE by 97.1% in the third quarter. GAMMA Investing LLC now owns 822 shares of the insurance provider’s stock valued at $40,000 after purchasing an additional 405 shares in the last quarter. R Squared Ltd bought a new position in shares of AMERISAFE in the 4th quarter worth $99,000. Virtu Financial LLC purchased a new stake in shares of AMERISAFE during the 3rd quarter valued at $200,000. BNP Paribas Financial Markets lifted its holdings in shares of AMERISAFE by 6.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 5,882 shares of the insurance provider’s stock worth $284,000 after acquiring an additional 381 shares during the last quarter. Finally, Nisa Investment Advisors LLC lifted its holdings in shares of AMERISAFE by 1,328.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 5,914 shares of the insurance provider’s stock worth $305,000 after acquiring an additional 5,500 shares during the last quarter. Hedge funds and other institutional investors own 97.41% of the company’s stock.
Wall Street Analyst Weigh In
Separately, Truist Financial increased their target price on AMERISAFE from $48.00 to $54.00 and gave the company a “hold” rating in a research note on Friday, October 25th.
AMERISAFE Price Performance
NASDAQ:AMSF opened at $49.08 on Thursday. The business has a fifty day moving average price of $51.60 and a 200-day moving average price of $51.45. AMERISAFE, Inc. has a one year low of $41.97 and a one year high of $60.24. The firm has a market capitalization of $934.97 million, a price-to-earnings ratio of 15.34 and a beta of 0.35.
AMERISAFE Company Profile
AMERISAFE, Inc, an insurance holding company, underwrites workers’ compensation insurance in the United States. The company provides benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. It sells its products through retail and wholesale brokers and agents; and small and mid-sized employers engaged in hazardous industries, including construction, trucking, logging and lumber, agriculture, manufacturing, telecommunications, and maritime.
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