Values First Advisors Inc. Boosts Stock Holdings in AMERISAFE, Inc. (NASDAQ:AMSF)

Values First Advisors Inc. boosted its position in AMERISAFE, Inc. (NASDAQ:AMSF) by 8.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,350 shares of the insurance provider’s stock after buying an additional 404 shares during the quarter. Values First Advisors Inc.’s holdings in AMERISAFE were worth $276,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of AMSF. State Street Corp grew its stake in shares of AMERISAFE by 8.5% during the 3rd quarter. State Street Corp now owns 811,561 shares of the insurance provider’s stock worth $39,223,000 after acquiring an additional 63,638 shares during the period. Assenagon Asset Management S.A. lifted its holdings in AMERISAFE by 70.4% during the third quarter. Assenagon Asset Management S.A. now owns 114,088 shares of the insurance provider’s stock valued at $5,514,000 after purchasing an additional 47,131 shares during the last quarter. Millennium Management LLC boosted its position in AMERISAFE by 238.6% during the second quarter. Millennium Management LLC now owns 61,946 shares of the insurance provider’s stock worth $2,719,000 after purchasing an additional 43,649 shares during the period. GSA Capital Partners LLP bought a new position in AMERISAFE during the third quarter worth about $2,107,000. Finally, Barclays PLC increased its stake in shares of AMERISAFE by 365.6% in the third quarter. Barclays PLC now owns 33,219 shares of the insurance provider’s stock worth $1,605,000 after purchasing an additional 26,084 shares in the last quarter. 97.41% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Truist Financial upped their price target on shares of AMERISAFE from $48.00 to $54.00 and gave the company a “hold” rating in a research note on Friday, October 25th.

AMERISAFE Stock Performance

Shares of NASDAQ AMSF opened at $49.08 on Thursday. AMERISAFE, Inc. has a fifty-two week low of $41.97 and a fifty-two week high of $60.24. The stock has a market cap of $934.97 million, a PE ratio of 15.34 and a beta of 0.35. The stock has a fifty day moving average of $51.60 and a 200-day moving average of $51.45.

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.