Affinity Bancshares, Inc. (NASDAQ:AFBI) Director Howard G. Roberts Sells 1,346 Shares of Stock

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

Affinity Bancshares Price Performance

Shares of NASDAQ:AFBI opened at $21.50 on Thursday. The firm has a market capitalization of $137.82 million, a P/E ratio of 25.29 and a beta of 0.51. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a 50 day moving average price of $21.44 and a 200-day moving average price of $20.69. Affinity Bancshares, Inc. has a 52-week low of $14.02 and a 52-week high of $22.21.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC purchased a new stake in Affinity Bancshares during the 3rd quarter valued at about $39,000. Lynch & Associates IN purchased a new stake in shares of Affinity Bancshares during the 3rd quarter valued at about $266,000. Walleye Capital LLC raised its position in Affinity Bancshares by 13.1% in 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 period. Dimensional Fund Advisors LP grew its position in shares of Affinity Bancshares by 16.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 46,033 shares of the company’s stock valued at $976,000 after acquiring an additional 6,421 shares during the period. Finally, Renaissance Technologies LLC increased its stake in shares of Affinity Bancshares by 3.5% in the 2nd quarter. Renaissance Technologies LLC now owns 51,348 shares of the company’s stock worth $1,089,000 after purchasing an additional 1,744 shares in the last quarter. 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.