Yousif Capital Management LLC Has $373,000 Position in AMERISAFE, Inc. (NASDAQ:AMSF)

Yousif Capital Management LLC lessened its holdings in shares of AMERISAFE, Inc. (NASDAQ:AMSF) by 3.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 7,241 shares of the insurance provider’s stock after selling 272 shares during the period. Yousif Capital Management LLC’s holdings in AMERISAFE were worth $373,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. State Street Corp increased its position in AMERISAFE by 8.5% during the third 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. grew its position in AMERISAFE by 70.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 114,088 shares of the insurance provider’s stock worth $5,514,000 after purchasing an additional 47,131 shares during the last quarter. GSA Capital Partners LLP acquired a new stake in AMERISAFE during the third quarter worth about $2,107,000. Barclays PLC grew its position in AMERISAFE by 365.6% during the third quarter. Barclays PLC now owns 33,219 shares of the insurance provider’s stock worth $1,605,000 after buying an additional 26,084 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in AMERISAFE by 70.6% during the third quarter. Jane Street Group LLC now owns 41,299 shares of the insurance provider’s stock valued at $1,996,000 after acquiring an additional 17,084 shares during the period. Institutional investors and hedge funds own 97.41% of the company’s stock.

AMERISAFE Stock Performance

Shares of AMSF stock opened at $49.50 on Tuesday. AMERISAFE, Inc. has a 52-week low of $41.97 and a 52-week high of $60.24. The stock has a market cap of $942.98 million, a price-to-earnings ratio of 15.47 and a beta of 0.35. The firm has a fifty day moving average of $51.13 and a 200-day moving average of $51.48.

Wall Street Analysts Forecast Growth

Separately, Truist Financial raised their price objective on AMERISAFE from $48.00 to $54.00 and gave the stock a “hold” rating in a research report on Friday, October 25th.

AMERISAFE 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.