141,222 Shares in Affinity Bancshares, Inc. (NASDAQ:AFBI) Bought by Tabor Asset Management LP

Tabor Asset Management LP bought a new position in shares of Affinity Bancshares, Inc. (NASDAQ:AFBI - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The fund bought 141,222 shares of the company's stock, valued at approximately $2,508,000. Tabor Asset Management LP owned 2.23% of Affinity Bancshares as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Yakira Capital Management Inc. raised its position in shares of Affinity Bancshares by 11.5% in the 4th quarter. Yakira Capital Management Inc. now owns 143,822 shares of the company's stock valued at $2,517,000 after purchasing an additional 14,787 shares in the last quarter. Credit Industriel ET Commercial acquired a new stake in shares of Affinity Bancshares during the 4th quarter valued at approximately $1,193,000. Dimensional Fund Advisors LP raised its position 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 acquiring an additional 1,684 shares in the last quarter. Cigogne Management SA acquired a new stake in Affinity Bancshares in the fourth quarter worth $2,020,000. Finally, Northern Trust Corp increased its position in Affinity Bancshares by 52.5% in the fourth quarter. Northern Trust Corp now owns 15,345 shares of the company's stock worth $269,000 after buying an additional 5,283 shares during the period. Hedge funds and other institutional investors own 39.31% of the company's stock.

Insider Activity at Affinity Bancshares

In other Affinity Bancshares news, EVP Clark Nelson sold 9,473 shares of the firm's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $18.21, for a total value of $172,503.33. Following the sale, the executive vice president owned 14,962 shares of the company's stock, valued at $272,458.02. This trade represents a 38.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 12.35% of the company's stock.

Affinity Bancshares Stock Performance

NASDAQ AFBI traded up $0.06 during trading hours on Monday, hitting $18.71. The company had a trading volume of 24,817 shares, compared to its average volume of 12,551. Affinity Bancshares, Inc. has a fifty-two week low of $17.00 and a fifty-two week high of $22.50. The firm has a market cap of $118.22 million, a P/E ratio of 20.78 and a beta of 0.31. The business has a fifty day simple moving average of $18.42 and a 200-day simple moving average of $18.33. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.44.

Affinity Bancshares (NASDAQ:AFBI - Get Free Report) last announced its earnings results on Friday, May 9th. The company reported $0.28 earnings per share for the quarter. Affinity Bancshares had a return on equity of 5.02% and a net margin of 11.69%. The business had revenue of $7.82 million during the quarter.

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.