AMERISAFE (AMSF)

• Market cap: $1,000M
• 1 day: 1.57%
• 5 days: -2.20%
• 1 month: -9.28%
• 3 months: 9.52%
• 6 months: 21.49%
• Year to date: 11.64%
• 1 year: 12.84%
• 5 years: -21.50%
• 10 years: 24.25%
• 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)

47% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 15

7% more capital invested

Capital invested by funds: $840M [Q2] → $895M (+$55M) [Q3]

4% more funds holding

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

3.06% less ownership

Funds ownership: 99.95% [Q2] → 96.9% (-3.06%) [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

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

• Low target: $54 3% upside
• Avg. target: $60 13% upside
• High target: $65 24% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Truist Securities Mark Hughes 70% 1-year accuracy 45 / 64 met price target	3% upside $54	Hold Maintained	25 Oct 2024
JMP Securities Matthew Carletti 72% 1-year accuracy 46 / 64 met price target	24% upside $65	Market Outperform Reiterated	15 Oct 2024