Insider Selling: Affinity Bancshares, Inc. (NASDAQ:AFBI) Director Sells 1,346 Shares of Stock

Affinity Bancshares, Inc. (NASDAQ:AFBI) Director Howard G. Roberts sold 1,346 shares of Affinity Bancshares stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $21.50, for a total value of $28,939.00. Following the transaction, the director now owns 25,373 shares of the company’s stock, valued at $545,519.50. This represents a 5.04 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Affinity Bancshares Stock Performance

Affinity Bancshares stock opened at $21.46 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.07 and a current ratio of 1.07. Affinity Bancshares, Inc. has a fifty-two week low of $14.02 and a fifty-two week high of $22.21. The stock has a fifty day moving average of $21.44 and a two-hundred day moving average of $20.70. The company has a market capitalization of $137.56 million, a price-to-earnings ratio of 25.25 and a beta of 0.51.

Institutional Trading of Affinity Bancshares

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Barclays PLC acquired a new stake in shares of Affinity Bancshares during the 3rd quarter worth about $39,000. Geode Capital Management LLC lifted its stake in shares of Affinity Bancshares by 21.9% during the third quarter. Geode Capital Management LLC now owns 51,027 shares of the company’s stock valued at $1,093,000 after buying an additional 9,168 shares during the period. Walleye Capital LLC boosted its position in Affinity Bancshares by 13.1% during the third 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 last quarter. Lynch & Associates IN purchased a new stake in Affinity Bancshares in the 3rd quarter worth approximately $266,000. Finally, Renaissance Technologies LLC raised its holdings in Affinity Bancshares by 3.5% in the 2nd quarter. Renaissance Technologies LLC now owns 51,348 shares of the company’s stock valued at $1,089,000 after acquiring an additional 1,744 shares during the last quarter. Hedge funds and other institutional investors 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.