Affinity Bancshares, Inc. (NASDAQ:AFBI) Director Howard G. Roberts Sells 703 Shares

Affinity Bancshares, Inc. (NASDAQ:AFBI) Director Howard G. Roberts sold 703 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $21.50, for a total transaction of $15,114.50. Following the sale, the director now owns 24,075 shares of the company’s stock, valued at approximately $517,612.50. The trade was a 2.84 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Affinity Bancshares Stock Performance

NASDAQ:AFBI traded up $0.02 on Thursday, reaching $21.52. 15,290 shares of the company’s stock were exchanged, compared to its average volume of 11,108. The firm has a market cap of $137.94 million, a price-to-earnings ratio of 25.29 and a beta of 0.51. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a fifty day simple moving average of $21.44 and a 200-day simple moving average of $20.69. Affinity Bancshares, Inc. has a 52 week low of $14.02 and a 52 week high of $22.21.

Hedge Funds Weigh In On Affinity Bancshares

A number of large investors have recently made changes to their positions in AFBI. Lynch & Associates IN purchased a new stake in Affinity Bancshares in the 3rd quarter worth approximately $266,000. Geode Capital Management LLC grew its holdings in shares of Affinity Bancshares by 21.9% in the third quarter. Geode Capital Management LLC now owns 51,027 shares of the company’s stock worth $1,093,000 after purchasing an additional 9,168 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Affinity Bancshares by 16.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 46,033 shares of the company’s stock worth $976,000 after buying an additional 6,421 shares during the period. Walleye Capital LLC boosted its stake in shares of Affinity Bancshares by 13.1% during the 3rd quarter. Walleye Capital LLC now owns 21,611 shares of the company’s stock valued at $463,000 after purchasing an additional 2,500 shares in the last quarter. Finally, Barclays PLC bought a new position in Affinity Bancshares in the third quarter worth $39,000. 39.31% of the stock is owned by institutional investors.

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.