Affinity Bancshares, Inc. (NASDAQ:AFBI) Director Sells $82,323.50 in Stock

Affinity Bancshares, Inc. (NASDAQ:AFBI) Director Howard G. Roberts sold 3,829 shares of Affinity Bancshares stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $21.50, for a total value of $82,323.50. Following the sale, the director now owns 28,172 shares of the company’s stock, valued at approximately $605,698. This represents a 11.97 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Affinity Bancshares Stock Performance

AFBI remained flat at $21.50 during midday trading on Wednesday. The company’s stock had a trading volume of 1,002 shares, compared to its average volume of 11,087. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $137.86 million, a price-to-earnings ratio of 25.29 and a beta of 0.51. The firm has a 50-day simple moving average of $21.44 and a 200-day simple moving average of $20.69. Affinity Bancshares, Inc. has a 52 week low of $14.02 and a 52 week high of $22.21.

Hedge Funds Weigh In On Affinity Bancshares

Several hedge funds and other institutional investors have recently bought and sold shares of AFBI. Barclays PLC bought a new position in Affinity Bancshares during the 3rd quarter worth $39,000. Geode Capital Management LLC grew its stake in shares of Affinity Bancshares by 21.9% in the third quarter. Geode Capital Management LLC now owns 51,027 shares of the company’s stock worth $1,093,000 after purchasing an additional 9,168 shares in the last quarter. Walleye Capital LLC grew its stake in shares of Affinity Bancshares by 13.1% in the third quarter. Walleye Capital LLC now owns 21,611 shares of the company’s stock worth $463,000 after purchasing an additional 2,500 shares in the last quarter. Lynch & Associates IN bought a new position in shares of Affinity Bancshares in the third quarter worth $266,000. Finally, Renaissance Technologies LLC grew its stake in shares of Affinity Bancshares by 3.5% in the second quarter. Renaissance Technologies LLC now owns 51,348 shares of the company’s stock worth $1,089,000 after purchasing an additional 1,744 shares in the last quarter. 39.31% of the stock is owned by institutional investors and hedge funds.

Affinity Bancshares Company Profile

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.