Barclays PLC Takes $39,000 Position in Affinity Bancshares, Inc. (NASDAQ:AFBI)

Barclays PLC purchased a new position in Affinity Bancshares, Inc. (NASDAQ:AFBI) during the third quarter, Holdings Channel reports. The fund purchased 1,837 shares of the company’s stock, valued at approximately $39,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. Geode Capital Management LLC boosted its stake in Affinity Bancshares by 21.9% in the third quarter. Geode Capital Management LLC now owns 51,027 shares of the company’s stock valued at $1,093,000 after acquiring an additional 9,168 shares during the last quarter. Walleye Capital LLC raised 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 purchasing an additional 2,500 shares during the period. Lynch & Associates IN purchased a new position in Affinity Bancshares in the third quarter valued at approximately $266,000. Renaissance Technologies LLC lifted its stake in Affinity Bancshares by 3.5% in the second quarter. Renaissance Technologies LLC now owns 51,348 shares of the company’s stock valued at $1,089,000 after purchasing an additional 1,744 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Affinity Bancshares by 16.2% during the second 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 during the period. Institutional investors own 39.31% of the company’s stock.

Insiders Place Their Bets

In other news, Director Howard G. Roberts sold 1,346 shares of the 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 completion of the transaction, the director now owns 25,373 shares of the company’s stock, valued at approximately $545,519.50. This represents a 5.04 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 6,242 shares of company stock valued at $134,203 over the last 90 days. Insiders own 10.76% of the company’s stock.

Affinity Bancshares Stock Performance

Shares of AFBI opened at $18.45 on Friday. Affinity Bancshares, Inc. has a 1 year low of $14.93 and a 1 year high of $22.50. 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’s fifty day moving average price is $20.23 and its two-hundred day moving average price is $20.96. The firm has a market cap of $118.26 million, a PE ratio of 21.71 and a beta of 0.54.

Affinity Bancshares (NASDAQ:AFBI) last posted its earnings results on Friday, October 25th. The company reported $0.26 earnings per share for the quarter. The business had revenue of $12.87 million during the quarter. Affinity Bancshares had a return on equity of 4.50% and a net margin of 11.38%.

Affinity Bancshares 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.