Wrapmanager Inc. Sells 1,395 Shares of AMERISAFE, Inc. (NASDAQ:AMSF)

Wrapmanager Inc. cut its position in AMERISAFE, Inc. (NASDAQ:AMSF) by 23.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,605 shares of the insurance provider’s stock after selling 1,395 shares during the quarter. Wrapmanager Inc.’s holdings in AMERISAFE were worth $237,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. State Street Corp increased its stake in shares of AMERISAFE by 8.5% in the third quarter. State Street Corp now owns 811,561 shares of the insurance provider’s stock valued at $39,223,000 after buying an additional 63,638 shares during the period. Assenagon Asset Management S.A. grew its holdings in AMERISAFE by 70.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 114,088 shares of the insurance provider’s stock worth $5,514,000 after acquiring an additional 47,131 shares during the last quarter. GSA Capital Partners LLP acquired a new position in AMERISAFE in the 3rd quarter valued at approximately $2,107,000. Barclays PLC raised its stake in shares of AMERISAFE by 365.6% during the third quarter. Barclays PLC now owns 33,219 shares of the insurance provider’s stock valued at $1,605,000 after acquiring an additional 26,084 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of AMERISAFE by 70.6% during the third quarter. Jane Street Group LLC now owns 41,299 shares of the insurance provider’s stock worth $1,996,000 after purchasing an additional 17,084 shares during the period. 97.41% of the stock is owned by institutional investors and hedge funds.

AMERISAFE Stock Up 3.1 %

NASDAQ AMSF opened at $51.50 on Wednesday. The company has a market capitalization of $981.08 million, a price-to-earnings ratio of 16.09 and a beta of 0.35. AMERISAFE, Inc. has a twelve month low of $41.97 and a twelve month high of $60.24. The stock has a fifty day simple moving average of $50.63 and a 200 day simple moving average of $51.59.

AMERISAFE Company 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.