Learn Why Zyskind Barry D Purchased Amtrust Financial Services, Inc Stake?

December 7, 2017 - By Hazel Jackson

 Learn Why Zyskind Barry D Purchased Amtrust Financial Services, Inc Stake?

Investors sentiment decreased to 0.75 in Q2 2017. Its down 0.43, from 1.18 in 2017Q1. It dropped, as 68 investors sold AmTrust Financial Services, Inc. shares while 49 reduced holdings. 30 funds opened positions while 58 raised stakes. 71.30 million shares or 6.66% less from 76.38 million shares in 2017Q1 were reported.

California State Teachers Retirement holds 0% in AmTrust Financial Services, Inc. (NASDAQ:AFSI) or 151,108 shares. Investment accumulated 38,807 shares or 0.63% of the stock. Envestnet Asset Management accumulated 3,357 shares or 0% of the stock. Walleye Trading Ltd Liability has 0% invested in AmTrust Financial Services, Inc. (NASDAQ:AFSI) for 21,950 shares. Voya Investment Limited Company reported 38,324 shares or 0% of all its holdings. 546,719 are held by Northpointe Lc. Schwab Charles Invest Mngmt holds 805,811 shares. Virginia Retirement Et Al holds 0% of its portfolio in AmTrust Financial Services, Inc. (NASDAQ:AFSI) for 18,000 shares. First Quadrant L P Ca, a California-based fund reported 42,992 shares. Blair William Il owns 0.01% invested in AmTrust Financial Services, Inc. (NASDAQ:AFSI) for 74,849 shares. 59,455 are held by Parsons Cap Management Incorporated Ri. California Employees Retirement Systems invested in 0.01% or 345,660 shares. Geode Mngmt Ltd Limited Liability Company stated it has 0.01% in AmTrust Financial Services, Inc. (NASDAQ:AFSI). Corsair Management Lp holds 0.05% or 16,532 shares. Ubs Asset Americas invested 0% in AmTrust Financial Services, Inc. (NASDAQ:AFSI).

Since June 15, 2017, it had 0 insider buys, and 1 insider sale for $69,610 activity.

The New Zyskind Barry D Holding in Amtrust Financial Services, Inc

Zyskind Barry D reported SC 13D/A form with the SEC for Amtrust Financial Services, Inc. Access it here: 000119312517363036. As reported by Zyskind Barry D, the filler owns 22.8% or 44,776,575 shares of the Finance–company.

Amtrust Financial Services, Inc stake is new for [reportingPerson]. Date of activity: December 5, 2017. This shows Zyskind Barry D’s positive view for Amtrust Financial Services, Inc.

Reasons Why Zyskind Barry D Bought – Amtrust Financial Services, Inc Stock

Item4. Purpose of Transaction

The Group acquired the Common Stock for investment purposes. As noted above, Mr.Zyskind is the Chairman of the Board, Presidentand CEO of the Issuer and George Karfunkel and Leah Karfunkel are Directors of the Issuer.As such, the Group participates in the planning and decisions of the Board of Directors and management of the Issuer, and in such capacity may from timeto time develop plans respecting, or propose

CUSIP No. 032359309


Page 6 of 8 Pages

changes in, the management, composition of the Board of Directors, operations, capital structure or business of the Issuer.Depending upon market conditions and other factors that themembers of the Group deem material, they may purchase additional Common Stock or other securities of the Issuer in the open market, private transactions or from the Issuer, or may dispose of all or a portion of the Common Stock or other securitiesof the Issuer that they now own or may hereafter acquire.The members of the Group are considering plans and proposals with respect to their investments in the Issuer that could result in any of the events described in paragraphs (a)to(j) of the instructions to Item 4 of Schedule 13D.

Amtrust Financial Services, Inc Institutional Sentiment

Filings show 231 investors own Amtrust Financial Services, Inc. The ownership in Q3 2015 is very high, at Infinity of the outstanding shares. This is increased by 8640898. 44117260 were owned by these investors. 44 funds opened new Amtrust Financial Services, Inc stakes, 87 increased positions. There were 42 that closed positions and 78 reduced them.

7 investors had the stock in their top 10. Some are: Denver Investment Advisors Llc..

Neumeier Poma Investment Counsel Llc is an investor bullish on Amtrust Financial Services, Inc, owning 311888 shares as of Q3 2015 for 3.71% of its portfolio. Maple Capital Management Inc owns 109175 shares or 2.55% of its portfolio. PA S&T Bank have 3.26% of its portfolio for 325414 shares. Further, Lyrical Asset Management Lp reported stake worth 3.60% of its portfolio. The NY New Amsterdam Partners Llc owns 482336 shares. Amtrust Financial Services, Inc is 3.09% of its portfolio.

SEC Form 13D.

Analysts await AmTrust Financial Services, Inc. (NASDAQ:AFSI) to report earnings on February, 26. They expect $0.27 earnings per share, down 28.95 % or $0.11 from last year’s $0.38 per share. AFSI’s profit will be $52.92 million for 9.28 P/E if the $0.27 EPS becomes a reality. After $-0.04 actual earnings per share reported by AmTrust Financial Services, Inc. for the previous quarter, Wall Street now forecasts -775.00 % EPS growth.

The stock decreased 0.30% or $0.03 during the last trading session, reaching $10.02. About 2.01M shares traded or 53.71% up from the average. AmTrust Financial Services, Inc. (NASDAQ:AFSI) has declined 53.49% since December 7, 2016 and is downtrending. It has underperformed by 70.19% the S&P500.

AmTrust Financial Services, Inc., through its subsidiaries, underwrites and provides property and casualty insurance in the United States and internationally. The company has market cap of $1.96 billion. It operates in three divisions: Small Commercial Business; Specialty Risk and Extended Warranty; and Specialty Program. It currently has negative earnings. The Small Commercial Business segment offers workersÂ’ compensation insurance products; and commercial package insurance products, such as commercial property, general liability, inland marine, automobile, and umbrella coverage, as well as other property and casualty insurance products to small businesses.

AmTrust Financial Services, Inc. (NASDAQ:AFSI) Ratings Coverage

Among 8 analysts covering Amtrust Financial Services (NASDAQ:AFSI), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Amtrust Financial Services has $78 highest and $12.0 lowest target. $30.07’s average target is 200.10% above currents $10.02 stock price. Amtrust Financial Services had 20 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, September 3 by William Blair. Keefe Bruyette & Woods maintained the shares of AFSI in report on Tuesday, August 8 with “Hold” rating. Citigroup initiated AmTrust Financial Services, Inc. (NASDAQ:AFSI) on Thursday, January 14 with “Buy” rating. The firm has “Hold” rating given on Monday, June 5 by Keefe Bruyette & Woods. The stock has “Neutral” rating by Compass Point on Wednesday, August 5. FBR Capital downgraded it to “Hold” rating and $14.0 target in Tuesday, October 24 report. FBR Capital maintained AmTrust Financial Services, Inc. (NASDAQ:AFSI) rating on Friday, June 9. FBR Capital has “Buy” rating and $2200 target. As per Friday, February 5, the company rating was maintained by Compass Point. The firm has “Hold” rating given on Friday, July 7 by JMP Securities. Compass Point upgraded it to “Buy” rating and $70 target in Friday, November 13 report.

More notable recent AmTrust Financial Services, Inc. (NASDAQ:AFSI) news were published by: Nasdaq.com which released: “AmTrust Financial Services’ Preferred Stock, Series F Yield Pushes Past 8.5%” on December 06, 2017, also Seekingalpha.com with their article: “AmTrust Financial Services’ (AFSI) CEO Barry Zyskind on Q3 2017 Results …” published on November 09, 2017, Nasdaq.com published: “AmTrust Financial (AFSI) Loss Narrower Than Expected in Q3” on November 09, 2017. More interesting news about AmTrust Financial Services, Inc. (NASDAQ:AFSI) were released by: Zacks.com and their article: “Should You Get Rid of AmTrust Financial Services (AFSI) Now? November 16, 2017” published on November 16, 2017 as well as Nasdaq.com‘s news article titled: “AmTrust Financial Services’ Preferred Stock, Series D Shares Cross 8.5% Yield Mark” with publication date: November 28, 2017.

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