Insider Selling: Affinity Bancshares, Inc. (NASDAQ:AFBI) Director Sells $28,939.00 in Stock

Affinity Bancshares, Inc. (NASDAQ:AFBI) Director Howard G. Roberts sold 1,346 shares of the firm’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $21.50, for a total transaction of $28,939.00. Following the completion of the transaction, the director now owns 25,373 shares in the company, valued at approximately $545,519.50. The trade was a 5.04 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Affinity Bancshares Price Performance

Shares of NASDAQ:AFBI opened at $21.52 on Friday. The company has a market cap of $137.94 million, a PE ratio of 25.32 and a beta of 0.51. Affinity Bancshares, Inc. has a fifty-two week low of $14.02 and a fifty-two week high of $22.21. The firm has a 50-day simple moving average of $21.44 and a 200 day simple moving average of $20.73. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.46.

Hedge Funds Weigh In On Affinity Bancshares

Several institutional investors have recently made changes to their positions in the stock. Lynch & Associates IN acquired a new position in Affinity Bancshares during the 3rd quarter valued at approximately $266,000. Geode Capital Management LLC increased its position in 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 buying an additional 9,168 shares during the period. Dimensional Fund Advisors LP lifted its stake in Affinity Bancshares by 16.2% in the second quarter. Dimensional Fund Advisors LP now owns 46,033 shares of the company’s stock valued at $976,000 after buying an additional 6,421 shares during the last quarter. Walleye Capital LLC boosted 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 acquiring an additional 2,500 shares during the period. Finally, Barclays PLC bought a new position in shares of Affinity Bancshares during the third quarter worth about $39,000. 39.31% of the stock is owned by institutional investors.

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.