Atlantic American (AAME)

Atlantic American Corporation is an insurance holding company involved through its subsidiary companies in specialty markets of the life, health, and property and casualty insurance industries. Its principal insurance subsidiaries are American Southern Insurance Company, American Safety Insurance Company, Bankers Fidelity Life Insurance Company and Bankers Fidelity Assurance Company.

Company profile

Ticker

AAME

Exchange

NASDAQ

Website

www.atlam.com

CEO

Hilton H. Howell

Incorporated

Georgia

Location

Georgia

Fiscal year end

Dec 31

Sector

Finance and Insurance > Third Party Administration of Insurance and Pension Funds

Industry (SIC)

Life Insurance

Metlife • Prudential Financial • Jackson Financial • Lincoln National Life Insurance • Brighthouse Financial • Voya Financial • Lincoln National • Genworth Financial • Athene Holding • Protective Life ...

SEC CIK

0000008177

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

IRS number

581027114

AAME stock data

1M 1Y 5Y

News

From Benzinga Pro

Insurance Stocks Moving In Thursday's Intraday Session

23 Jun 22

According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session.

10 Financials Stocks Moving In Friday's Intraday Session

27 May 22

Press releases

From Benzinga Pro

Atlantic American Corporation Reports First Quarter Results For 2022

11 May 22

Net income increased to $2.8 million for the three month period ended March 31, 2022Operating income increased to $1.6 million for the three month period ended March 31, 2022Insurance premiums increased 2.2% with

Calendar

11 May 22

9 Aug 22

31 Dec 22

Financial summary

Financial statements Chart AAME financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	15.61M	15.61M	15.61M	15.61M	15.61M	15.61M
Cash burn (monthly)	3.05M	402.83K	(no burn)	(no burn)	2.67M	72.92K
Cash used (since last report)	13.13M	1.74M	n/a	n/a	11.5M	314.29K
Cash remaining	2.48M	13.88M	n/a	n/a	4.11M	15.3M
Runway (months of cash)	0.8	34.4	n/a	n/a	1.5	209.8

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

AAME insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
31 Mar 22	Harriett J Robinson	Common Stock	Buy	Acquire P	Yes	No	4	1,363,809	5.46M	5,120,555
31 Mar 22	Harriett J Robinson	Common Stock	Sell	Dispose S	Yes	No	4	1,363,809	5.46M	0
4 Sep 21	Jeffrey Ross Franklin	Common Stock	Payment of exercise	Dispose F	No	No	3.99	3,500	13.97K	38,350
4 Sep 21	Howell Hilton H JR	Common Stock	Payment of exercise	Dispose F	No	No	3.99	9,334	37.24K	526,606

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

AAME institutional ownership history Ownership history

5.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	19	18	+5.6%
Opened positions	2	3	-33.3%
Closed positions	1	2	-50.0%
Increased positions	3	1	+200.0%
Reduced positions	4	5	-20.0%

13F shares	Current	Prev Q	Change
Total value	3.45M	2.72M	+26.7%
Total shares	1.11M	1.11M	+0.1%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Dimensional Fund Advisors	478.99K	$1.49M	0.0%
Bridgeway Capital Management	201.56K	$625K	+0.6%
Vanguard	124.37K	$389K	0.0%
Geode Capital Management	55.15K	$170K	0.0%
Biglari, Sardar	42.66K	$134K	0.0%
Renaissance Technologies	32.8K	$103K	-1.5%
Foster Victor Wealth Advisors	31K	$104K	0.0%
Gratus Capital	27.95K	$87K	0.0%
NTRS Northern Trust	27.81K	$87K	-1.3%
BLK Blackrock	27.6K	$86K	-2.2%

Largest transactions	Shares	Bought/sold	Change
Bridgeway Capital Management	201.56K	+1.2K	+0.6%
Advisor	1K	+1K	NEW
BLK Blackrock	27.6K	-621	-2.2%
Renaissance Technologies	32.8K	-500	-1.5%
Tower Research Capital	4.6K	-402	-8.0%
NTRS Northern Trust	27.81K	-369	-1.3%
UBS UBS Group AG - Registered Shares	946	+252	+36.3%
Capital Advisors	69	+69	NEW
BAC Bank Of America	0	-9	EXIT
MS Morgan Stanley	3	+2	+200.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. junior Bad

New words: agreed, alleged, alternative, consent, delegate, discontinuation, domestic, fact, grant, granted, Incentive, Item, legacy, November, order, penalty, reference, settle, slightly, superior, supervisory, surety, transition, Vesting

Removed: accident, age, amending, anticipate, ASU, began, beginning, cancellation, carefully, certainty, collecting, contract, create, decide, declared, delay, designated, disruption, duration, earlier, economy, encourage, established, evolve, experienced, extension, FASB, file, global, grace, half, influenza, intended, lead, leading, led, leniency, lesser, local, marginal, monitor, morbidity, mortality, ongoing, Organization, outbreak, pandemic, permitted, population, potentially, predict, predicted, program, prolonged, recognize, reduced, reduction, reliably, removing, renew, response, retention, SEC, shelter, short, simplify, Simplifying, slowdown, spread, Topic, ultimate, uncertain, uncertainty, Unforeseen, unknown, updated, usage, utilization, volatility, weakened, World

From filing 10-Q 2022 Q1

Financial reports

View all