Affinity Bancshares, Inc. (NASDAQ:AFBI) Director Howard G. Roberts Sells 703 Shares

Affinity Bancshares, Inc. (NASDAQ:AFBI) Director Howard G. Roberts sold 703 shares of the company’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $21.50, for a total transaction of $15,114.50. Following the completion of the transaction, the director now owns 24,075 shares in the company, valued at approximately $517,612.50. This represents a 2.84 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Affinity Bancshares Trading Up 0.3 %

Shares of NASDAQ AFBI opened at $21.52 on Friday. The firm’s 50 day moving average price is $21.44 and its 200-day moving average price is $20.76. The company has a market cap of $137.99 million, a PE ratio of 25.32 and a beta of 0.51. Affinity Bancshares, Inc. has a 52-week low of $14.02 and a 52-week high of $22.21. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.07 and a current ratio of 1.07.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in AFBI. Barclays PLC purchased a new position in shares of Affinity Bancshares during the third quarter valued at approximately $39,000. Lynch & Associates IN purchased a new position in shares of Affinity Bancshares during the third quarter valued at approximately $266,000. Walleye Capital LLC raised its holdings in shares of Affinity Bancshares by 13.1% during the third quarter. Walleye Capital LLC now owns 21,611 shares of the company’s stock valued at $463,000 after purchasing an additional 2,500 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Affinity Bancshares by 16.2% during the second quarter. Dimensional Fund Advisors LP now owns 46,033 shares of the company’s stock valued at $976,000 after purchasing an additional 6,421 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Affinity Bancshares by 21.9% during the third quarter. Geode Capital Management LLC now owns 51,027 shares of the company’s stock valued at $1,093,000 after purchasing an additional 9,168 shares during the last quarter. Institutional investors own 39.31% of the company’s stock.

About Affinity Bancshares

Affinity Bancshares, Inc operates as the holding company for Affinity Bank that provides various banking products and services in Georgia. The company offers various deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts, as well as Kasasa (rewards) deposit program for checking accounts with interest rates or cash-back rewards.