State of New Jersey Common Pension Fund D Has $1.87 Million Stake in AMERISAFE, Inc. (NASDAQ:AMSF)

State of New Jersey Common Pension Fund D reduced its stake in shares of AMERISAFE, Inc. (NASDAQ:AMSF) by 10.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,186 shares of the insurance provider’s stock after selling 4,024 shares during the quarter. State of New Jersey Common Pension Fund D owned 0.19% of AMERISAFE worth $1,865,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Values First Advisors Inc. increased its position in shares of AMERISAFE by 8.2% during the 4th quarter. Values First Advisors Inc. now owns 5,350 shares of the insurance provider’s stock worth $276,000 after purchasing an additional 404 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in AMERISAFE by 18.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 13,793 shares of the insurance provider’s stock worth $712,000 after buying an additional 2,130 shares during the last quarter. R Squared Ltd acquired a new stake in shares of AMERISAFE during the fourth quarter worth approximately $99,000. Exchange Traded Concepts LLC raised its stake in shares of AMERISAFE by 4.3% in the fourth quarter. Exchange Traded Concepts LLC now owns 36,434 shares of the insurance provider’s stock valued at $1,878,000 after acquiring an additional 1,494 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its holdings in shares of AMERISAFE by 1,328.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 5,914 shares of the insurance provider’s stock worth $305,000 after acquiring an additional 5,500 shares in the last quarter. 97.41% of the stock is owned by institutional investors.

AMERISAFE Price Performance

NASDAQ AMSF opened at $49.97 on Tuesday. The stock’s 50 day simple moving average is $50.63 and its 200 day simple moving average is $51.59. AMERISAFE, Inc. has a one year low of $41.97 and a one year high of $60.24. The firm has a market cap of $951.93 million, a PE ratio of 15.62 and a beta of 0.35.

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.