AMERISAFE (AMSF)

• Market cap: $974M
• 1 day: 0.04%
• 5 days: 2.22%
• 1 month: -1.03%
• 3 months: 0.14%
• 6 months: 6.84%
• Year to date: -0.25%
• 1 year: 4.97%
• 5 years: -24.92%
• 10 years: 25.15%
• Sector: Financials
• Industry: Fire, Marine & Casualty Insurance

About: AMERISAFE Inc is a specialty provider of workers' compensation insurance to employers engaged in hazardous industries, mainly construction, trucking, manufacturing, oil and gas, and agriculture. The company generates a majority of its revenue in the form of premiums.

Employees: 362

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

57% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 14

7% more capital invested

Capital invested by funds: $841M [Q2] → $896M (+$55.4M) [Q3]

4% more funds holding

Funds holding: 172 [Q2] → 179 (+7) [Q3]

3.03% less ownership

Funds ownership: 100.11% [Q2] → 97.08% (-3.03%) [Q3]

12% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 75

43% less call options, than puts

Call options by funds: $58K | Put options by funds: $101K

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $54 6% upside
• Avg. target: $54 6% upside
• High target: $54 6% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Truist Securities Mark Hughes 71% 1-year accuracy 46 / 65 met price target

6% upside $54

Hold Maintained

25 Oct 2024