Today, the EVP – Chief Risk Officer of Amerisafe (AMSF), Vincent Gagliano, bought shares of AMSF for $19.75K.
Following this transaction Vincent Gagliano’s holding in the company was increased by 29.54% to a total of $1 million. Following Vincent Gagliano’s last AMSF Buy transaction on March 08, 2017, the stock climbed by 6.4%.
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Based on Amerisafe’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $97.38 million and quarterly net profit of $18.81 million. In comparison, last year the company earned revenue of $94.94 million and had a net profit of $649K. AMSF’s market cap is $1.19B and the company has a P/E ratio of 16.79. Currently, Amerisafe has an average volume of 69.59K.
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AMERISAFE, Inc. is a holding company, which engages the provision of workers’ compensation insurance focused on small to mid-sized employers. It focuses on the businesses in construction, trucking, logging and lumber, manufacturing and agriculture. The company was founded by Millard E. Morris in 1985 and is headquartered in DeRidder, LA.
