Royal Bank of Canada boosted its position in shares of Amerisafe Inc. (NASDAQ:AMSF) by 6.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,184,814 shares of the company’s stock after buying an additional 70,658 shares during the period. Royal Bank of Canada owned about 6.22% of Amerisafe worth $62,251,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Dean Capital Management increased its position in shares of Amerisafe by 8.5% in the fourth quarter. Dean Capital Management now owns 26,503 shares of the company’s stock worth $1,349,000 after buying an additional 2,070 shares during the period. Ameriprise Financial Inc. increased its position in shares of Amerisafe by 6.5% in the fourth quarter. Ameriprise Financial Inc. now owns 655,118 shares of the company’s stock worth $33,346,000 after buying an additional 39,939 shares during the period. Dean Investment Associates LLC increased its position in shares of Amerisafe by 2.6% in the fourth quarter. Dean Investment Associates LLC now owns 63,125 shares of the company’s stock worth $3,213,000 after buying an additional 1,615 shares during the period. Schroder Investment Management Group increased its position in shares of Amerisafe by 34.4% in the fourth quarter. Schroder Investment Management Group now owns 506,771 shares of the company’s stock worth $25,794,000 after buying an additional 129,671 shares during the period. Finally, Monarch Partners Asset Management LLC increased its position in shares of Amerisafe by 113.5% in the fourth quarter. Monarch Partners Asset Management LLC now owns 123,867 shares of the company’s stock worth $6,305,000 after buying an additional 65,842 shares during the period.
Shares of Amerisafe Inc. (NASDAQ:AMSF) traded down 1.079% on Thursday, reaching $61.855. The company’s stock had a trading volume of 57,744 shares. The company has a market cap of $1.18 billion and a P/E ratio of 14.833. The company has a 50 day moving average price of $61.48 and a 200 day moving average price of $55.02. Amerisafe Inc. has a 52-week low of $44.54 and a 52-week high of $64.97.
In other news, EVP Vincent J. Gagliano sold 3,200 shares of the stock in a transaction on Wednesday, May 11th. The stock was sold at an average price of $57.13, for a total value of $182,816.00. Following the transaction, the executive vice president now owns 24,597 shares of the company’s stock, valued at approximately $1,405,226.61. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
AMERISAFE, Inc (AMERISAFE) is an insurance holding company. The Company is a provider of workers’ compensation insurance focused on small to mid-sized employers engaged in hazardous industries, including construction, trucking, manufacturing, oil and gas and agriculture. It is engaged in underwriting the workers’ compensation exposures inherent in these industries.
