Amerisafe Inc (AMSF): Vincent J. Gagliano , EVP – Chief Risk Officer of Amerisafe Inc sold 3,200 shares on May 10, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $57.12 per share for a total value of $182,823.88 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 21, 2016, Vincent J. Gagliano (EVP – Chief Risk Officer) sold 3,200 shares at $52.05 per share price.On Mar 16, 2016, G. Janelle Frost (President & CEO) sold 529 shares at $50.68 per share price.Also, On Mar 16, 2016, C Allen Jr Bradley (Executive Chairman) sold 3,006 shares at $51.00 per share price.On Nov 24, 2015, Brendan Gau (Exec.VP & Chief Investment Of.) sold 435 shares at $54.00 per share price.
Amerisafe: On Tuesday, May 10, 2016 heightened volatility was witnessed in Amerisafe which led to swings in the share price. The shares opened for trading at $56.88 and hit $57.48 on the upside , eventually ending the session at $56.72, with a gain of 0.23% or 0.13 points. The heightened volatility saw the trading volume jump to 51,840 shares. The 52-week high of the share price is $57.48 and the company has a market cap of $1,088 M . The 52-week low of the share price is at $41.5.
AMERISAFE Inc. (AMERISAFE) is an insurance holding company. The Company is a provider of workers’ compensation insurance focused on small to mid-sized employers engaged in hazardous industries including construction trucking manufacturing oil and gas and agriculture. It is engaged in underwriting the workers’ compensation exposures inherent in these industries. The Company provides coverage to employers under state and federal workers’ compensation laws. The Company’s workers’ compensation insurance policies provide benefits to injured employees for temporary or permanent disability death and medical and hospital expenses. The Company is licensed to provide workers’ compensation insurance in 47 states the District of Columbia and the United States Virgin Islands. The Company sells its workers’ compensation insurance through agencies and also through its wholly owned insurance agency subsidiary Amerisafe General Agency which is licensed in 27 states.