Wrapmanager Inc. Has $237,000 Stake in AMERISAFE, Inc. (NASDAQ:AMSF)

Wrapmanager Inc. cut its stake in shares of AMERISAFE, Inc. (NASDAQ:AMSF) by 23.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,605 shares of the insurance provider’s stock after selling 1,395 shares during the quarter. Wrapmanager Inc.’s holdings in AMERISAFE were worth $237,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of AMSF. BNP Paribas Financial Markets lifted its stake in shares of AMERISAFE by 6.9% in the third quarter. BNP Paribas Financial Markets now owns 5,882 shares of the insurance provider’s stock valued at $284,000 after buying an additional 381 shares in the last quarter. Values First Advisors Inc. raised its holdings in shares of AMERISAFE by 8.2% in the 4th quarter. Values First Advisors Inc. now owns 5,350 shares of the insurance provider’s stock worth $276,000 after acquiring an additional 404 shares during the last quarter. GAMMA Investing LLC lifted its position in AMERISAFE by 63.4% in the 4th quarter. GAMMA Investing LLC now owns 1,343 shares of the insurance provider’s stock valued at $69,000 after acquiring an additional 521 shares in the last quarter. Jacobs Levy Equity Management Inc. boosted its stake in AMERISAFE by 3.5% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 19,008 shares of the insurance provider’s stock valued at $919,000 after purchasing an additional 645 shares during the last quarter. Finally, Foundry Partners LLC increased its holdings in AMERISAFE by 1.0% during the 3rd quarter. Foundry Partners LLC now owns 70,160 shares of the insurance provider’s stock worth $3,391,000 after purchasing an additional 670 shares in the last quarter. 97.41% of the stock is currently owned by institutional investors and hedge funds.

AMERISAFE Stock Up 3.1 %

Shares of AMERISAFE stock opened at $51.50 on Wednesday. The company has a market cap of $981.08 million, a PE ratio of 16.09 and a beta of 0.35. AMERISAFE, Inc. has a 52 week low of $41.97 and a 52 week high of $60.24. The business has a 50 day moving average price of $50.63 and a 200-day moving average price of $51.59.

About AMERISAFE

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.