Howard G. Roberts Sells 3,829 Shares of Affinity Bancshares, Inc. (NASDAQ:AFBI) Stock

Affinity Bancshares, Inc. (NASDAQ:AFBI) Director Howard G. Roberts sold 3,829 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $21.50, for a total value of $82,323.50. Following the completion of the sale, the director now directly owns 28,172 shares of the company’s stock, valued at $605,698. This represents a 11.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Affinity Bancshares Stock Performance

NASDAQ:AFBI opened at $21.50 on Thursday. Affinity Bancshares, Inc. has a 1 year low of $14.02 and a 1 year high of $22.21. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a fifty day moving average price of $21.44 and a two-hundred day moving average price of $20.69. The stock has a market capitalization of $137.82 million, a price-to-earnings ratio of 25.29 and a beta of 0.51.

Hedge Funds Weigh In On Affinity Bancshares

A number of large investors have recently made changes to their positions in AFBI. Barclays PLC acquired a new position in Affinity Bancshares during the third quarter worth about $39,000. Lynch & Associates IN purchased a new stake in shares of Affinity Bancshares during the 3rd quarter worth approximately $266,000. Walleye Capital LLC grew its holdings in shares of Affinity Bancshares by 13.1% in the 3rd quarter. Walleye Capital LLC now owns 21,611 shares of the company’s stock worth $463,000 after acquiring an additional 2,500 shares during the period. Dimensional Fund Advisors LP increased its stake in Affinity Bancshares by 16.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 46,033 shares of the company’s stock valued at $976,000 after purchasing an additional 6,421 shares in the last quarter. Finally, Renaissance Technologies LLC raised its holdings in Affinity Bancshares by 3.5% during the second quarter. Renaissance Technologies LLC now owns 51,348 shares of the company’s stock worth $1,089,000 after purchasing an additional 1,744 shares during the last quarter. Hedge funds and other institutional investors own 39.31% of the company’s stock.

Affinity Bancshares Company Profile

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.