13GD Coverage: Zyskind Barry D Just Opened Huge Amtrust Financial Services, Inc Position

13GD Coverage: Zyskind Barry D Just Opened Huge Amtrust Financial Services, Inc Position

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

Zyskind Barry D filed with the SEC SC 13D/A form for Amtrust Financial Services, Inc. The form can be accessed here: 000119312516758848. As reported in Zyskind Barry D’s form, the filler as of late owns 26.3% or 44,797,997 shares of the Finance–company.

Amtrust Financial Services, Inc stake is a new one for the and it was filed because of activity on October 7, 2016. We feel this shows Zyskind Barry D’s positive view for the stock.

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

Item 4. Purpose of Transaction

The purpose of this filing is to update the beneficial ownership of the Group as a result of a gift of shares of Common Stock by BarryZyskind, a transfer of shares of Common Stock from entities owned by the

CUSIP No. 032359309

13DPage 6 of 8 Pages

MK Family Trust to the MK Family Trust itself, a transfer of shares by Leah Karfunkel to a grantor retained annuity trust and a decrease in the Issuer’s number of shares of Common Stockoutstanding as a result of the Issuer’s board-approved share repurchase program. As of the date of this filing, the Group beneficially holds 83,983,941 shares of Common Stock, or 49.3% of the shares of Common Stock outstanding as of October 7,2016, representing an increase in the percentage of ownership of the Issuer of 1.5% from the Group’s last amendment to its Schedule 13D/A filed with the Securities and Exchange Commission on June 30, 2016.For information regardingindividual holdings of each member of the Group, please refer to the cover pages of this filing.

The Group acquired the Common Stock forinvestment purposes. As noted above, Mr. Zyskind is the Chairman of the Board, President and CEO of the Issuer and George Karfunkel and Leah Karfunkel are Directors of the Issuer.As such, they participate in the planning and decisions of theBoard of Directors and management of the Issuer.Any or all of them may from time to time develop plans respecting, or propose changes in, the management, composition of the Board of Directors, operations, capital structure or business of theIssuer.Depending upon market conditions and other factors that the members 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, ormay dispose of all or a portion of the Common Stock or other securities of the Issuer that they now own or may hereafter acquire.Except as described above, the members of the Group do not have any present plans or proposals that relate to, orthat would result in, any of the events described in paragraphs (a) to (j) of the instructions to Item 4 of Schedule 13D.The members of the Group reserve the right to formulate plans or make proposals, and to take any actions with respect totheir investments in the Issuer, including any or all of the actions described in paragraphs (a) to (j) of the instructions to Item 4 of Schedule 13D.

Amtrust Financial Services, Inc Institutional Sentiment

Latest Security and Exchange filings show 231 investors own Amtrust Financial Services, Inc. The institutional ownership in Q3 2015 is very high, at 25.85% of the outstanding shares. This is increased by 8640898 the total institutional shares. 44117260 were the shares owned by these institutional investors. In total 44 funds opened new Amtrust Financial Services, Inc stakes, 87 increased stakes. There were 42 that closed positions and 78 reduced them.

7 managers had the stock in their top Ten. Notable investors are: White Elm Capital Llc..

Neumeier Poma Investment Counsel Llc is an institutional 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 their stock portfolio for 325414 shares. Further, Lyrical Asset Management Lp reported stake worth 3.60% of its US stock portfolio. The NY New Amsterdam Partners Llc owns 482336 shares. Amtrust Financial Services, Inc is 3.09% of the manager’s US portfolio.

Business Profile

Amtrust Financial Services, Inc. (AmTrust) is an insurance holding company. The Company, through its subsidiaries, provides specialty property and casualty insurance focusing on workers’ compensation and commercial package coverage for small business, specialty risk and extended warranty coverage, and property and casualty coverage for middle market business. Its segments include Small Commercial Business, Specialty Risk and Extended Warranty, and Specialty Program. The Small Commercial Business segment is engaged in providing workers’ compensation, commercial package and other commercial insurance lines produced by wholesale agents, retail agents and brokers in the United States. The Specialty Risk and Extended Warranty segment is engaged in providing coverage for consumer and commercial goods and custom designed coverages. The Specialty Program segment is engaged in writing commercial insurance for defined classes of insureds through general and other wholesale agents.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment decreased to 0.91 in 2016 Q2. Its down 2.84, from 3.75 in 2016Q1. The ratio worsened, as 40 funds sold all AmTrust Financial Services Inc shares owned while 79 reduced positions. 26 funds bought stakes while 82 increased positions. They now own 71.45 million shares or 52.16% less from 149.36 million shares in 2016Q1.

State Board Of Administration Of Florida Retirement Systems owns 94,901 shares or 0.01% of their US portfolio. Bbva Compass Bankshares holds 40,829 shares or 0.08% of its portfolio. The Illinois-based Citadel Ltd Liability Corp has invested 0.01% in AmTrust Financial Services Inc (NASDAQ:AFSI). Commonwealth Equity holds 0% or 9,955 shares in its portfolio. Creative Planning owns 18,292 shares or 0% of their US portfolio. Rafferty Asset Ltd Com owns 9,510 shares or 0.02% of their US portfolio. Hightower Llc holds 0.01% of its portfolio in AmTrust Financial Services Inc (NASDAQ:AFSI) for 28,714 shares. Barclays Public Limited Liability Corp accumulated 408 shares or 0% of the stock. Ubs Asset Americas last reported 0.02% of its portfolio in the stock. Dekabank Deutsche Girozentrale accumulated 1,042 shares or 0% of the stock. New Amsterdam Limited Liability Ny owns 305,212 shares or 1.82% of their US portfolio. Horizon Kinetics Limited Com has 0.1% invested in the company for 162,613 shares. 1St Glob Advsr has 0.13% invested in the company for 37,417 shares. Blackrock Institutional Na has invested 0.01% of its portfolio in AmTrust Financial Services Inc (NASDAQ:AFSI). Walleye Trading Ltd Liability Company last reported 0% of its portfolio in the stock.

Insider Transactions: Since May 4, 2016, the stock had 0 buys, and 12 selling transactions for $1.75 million net activity. 5,000 shares were sold by Ungar Stephen, worth $124,728. $239,379 worth of AmTrust Financial Services Inc (NASDAQ:AFSI) shares were sold by Saxon Michael J. Pipoly Ronald E Jr sold $102,422 worth of AmTrust Financial Services Inc (NASDAQ:AFSI) on Wednesday, May 4. DeCarlo Donald T sold $58,366 worth of stock or 2,200 shares.

The stock decreased 1.59% or $0.41 during the last trading session, hitting $25.43. About 528,966 shares traded hands. AmTrust Financial Services Inc (NASDAQ:AFSI) has declined 3.40% since April 1, 2016 and is downtrending. It has underperformed by 4.62% the S&P500.

Amtrust Financial Services, Inc. is an insurance holding company. The company has a market cap of $4.36 billion. The Company, through its subsidiaries, provides specialty property and casualty insurance focusing on workers’ compensation and commercial package coverage for small business, specialty risk and extended warranty coverage, and property and casualty coverage for middle market business. It has a 9.07 P/E ratio. The Company’s divisions include Small Commercial Business, Specialty Risk and Extended Warranty, and Specialty Program.

AmTrust Financial Services Inc (NASDAQ:AFSI) Ratings Coverage

Out of 6 analysts covering Amtrust Financial Services (NASDAQ:AFSI), 6 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $78 is the highest target while $30 is the lowest. The $51 average target is 100.55% above today’s ($25.43) stock price. Amtrust Financial Services has been the topic of 10 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Compass Point given on Friday, February 5. The stock of AmTrust Financial Services Inc (NASDAQ:AFSI) earned “Buy” rating by Citigroup on Thursday, January 14. The stock has “Buy” rating given by Compass Point on Thursday, February 11. The rating was downgraded by Compass Point to “Neutral” on Wednesday, August 5. William Blair maintained the stock with “Buy” rating in Thursday, September 3 report. Compass Point upgraded it to “Buy” rating and $70 target price in Friday, November 13 report.

More recent AmTrust Financial Services Inc (NASDAQ:AFSI) news were published by: Globenewswire.com which released: “AmTrust Financial Services, Inc. Announces Quarterly Cash Dividend on Common Stock” on November 03, 2016. Also Globenewswire.com published the news titled: “AmTrust Financial Services, Inc. Enters Agreement to Acquire AmeriHealth …” on October 28, 2016. Businesswire.com‘s news article titled: “A.M. Best Affirms Ratings of AmTrust Financial Services, Inc. and Its Subsidiaries” with publication date: July 08, 2016 was also an interesting one.

According to Zacks Investment Research, “AMTRUST is a multinational property and casualty insurer specializing in coverage for small businesses. They offer workers’ compensation insurance, extended warranty coverage, specialty middle market property and casualty insurance and a host of related products and services.They have built a reputation as an innovative, technology driven insurance company. Their commitment to excellence is the common thread connecting each of our businesses.”

AFSI Company Profile

Amtrust Financial Services, Inc. (AmTrust), incorporated on November 7, 1990, is an insurance holding company. The Company, through its subsidiaries, provides specialty property and casualty insurance focusing on workers’ compensation and commercial package coverage for small business, specialty risk and extended warranty coverage, and property and casualty coverage for middle market business. The Company’s divisions include Small Commercial Business, Specialty Risk and Extended Warranty, and Specialty Program. The Firm provides reinsurance, primarily on personal and commercial automotive business. The Small Commercial Business segment is engaged in providing workers’ compensation, commercial package and other commercial insurance lines produced by wholesale agents, retail agents and brokers in the United States. The Specialty Risk and Extended Warranty segment is engaged in providing coverage for consumer and commercial goods and custom designed coverages. The Specialty Program segment is engaged in writing commercial insurance for defined classes of insureds through general and other wholesale agents.

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