Insider Selling: Affinity Bancshares (NASDAQ:AFBI) Insider Sells $147,290.55 in Stock

Affinity Bancshares, Inc. (NASDAQ:AFBI) insider Robert Vickers sold 7,565 shares of Affinity Bancshares stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $19.47, for a total transaction of $147,290.55. Following the transaction, the insider owned 2,800 shares in the company, valued at approximately $54,516. The trade was a 72.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Affinity Bancshares Trading Up 2.7%

NASDAQ AFBI opened at $19.83 on Monday. Affinity Bancshares, Inc. has a twelve month low of $17.00 and a twelve month high of $22.50. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market cap of $124.73 million, a price-to-earnings ratio of 18.53 and a beta of 0.42. The firm’s 50 day moving average price is $18.86 and its two-hundred day moving average price is $18.53.

Affinity Bancshares (NASDAQ:AFBI) last posted its quarterly earnings data on Friday, July 25th. The company reported $0.36 earnings per share for the quarter. Affinity Bancshares had a net margin of 13.78% and a return on equity of 6.05%. The firm had revenue of $8.32 million for the quarter.

Institutional Investors Weigh In On Affinity Bancshares

A number of institutional investors have recently modified their holdings of AFBI. Dimensional Fund Advisors LP boosted its stake in shares of Affinity Bancshares by 3.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 54,933 shares of the company’s stock valued at $966,000 after buying an additional 1,684 shares during the period. Northern Trust Corp raised its holdings in Affinity Bancshares by 52.5% in the 4th quarter. Northern Trust Corp now owns 15,345 shares of the company’s stock worth $269,000 after acquiring an additional 5,283 shares during the period. CSS LLC IL increased its holdings in shares of Affinity Bancshares by 23.7% during the 4th quarter. CSS LLC IL now owns 39,779 shares of the company’s stock worth $696,000 after purchasing an additional 7,629 shares during the period. Farther Finance Advisors LLC increased its holdings in shares of Affinity Bancshares by 14.6% during the 1st quarter. Farther Finance Advisors LLC now owns 16,302 shares of the company’s stock worth $291,000 after purchasing an additional 2,075 shares during the period. Finally, Tabor Asset Management LP bought a new position in shares of Affinity Bancshares during the 1st quarter worth about $2,508,000. Institutional investors and hedge funds own 39.31% of the company’s stock.

About Affinity Bancshares

Affinity Bancshares, Inc operates as the holding company for Affinity Bank that provides various banking products and services in Georgia. The company offers various deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts, as well as Kasasa (rewards) deposit program for checking accounts with interest rates or cash-back rewards.