AAME Atlantic American Corp.

Atlantic American Corp. is an insurance holding company, which engages in the life, health, and property and casualty insurance industries. It operates through the following segments: American Southern, Bankers Fidelity, and Corporate & Other. The American Southern segment operates in the property and casualty insurance market. The Bankers Fidelity segment operates in the life and health insurance market. The Corporate and Other segment is from external sources. The company was founded in 1968 and is headquartered in Atlanta, GA.

Company profile

Ticker

AAME

Exchange

NASDAQ

Website

www.atlam.com

CEO

Hilton H. Howell

Incorporated in

Georgia

Location

Georgia

Fiscal year end

Dec 31

Sector

Finance > Multi-Line Insurance

Industry (SEC)

Life Insurance

MetLife • Prudential Financial • Brighthouse Financial • Lincoln National • Genworth Financial • Athene Holding • Protective Life • Reinsurance Group Of America • American Equity Investment Life Holding • Globe Life ...

SEC CIK

0000008177

Corporate docs

Articles of Incorporation & Bylaws

IRS number

581027114

AAME stock data

S&P 500

1M 1Y 2Y 5Y

Calendar

11 May 20

2 Jul 20

31 Dec 20

News

Company financial data Financial data

Chart AAME financial data

Quarter (USD)	Mar 20	Dec 19	Sep 19	Jun 19
Revenue	39.41M	52.29M	47.75M	43.13M
Net income	-8.09M	1.27M	-1.39M	-4.43M
Diluted EPS	-0.4	0.06	-0.07	-0.22
Net profit margin	-20.52%	2.43%	-2.92%	-10.26%
Net change in cash	-4.56M	-23.12M	24.56M	2.84M
Cash on hand	8.34M	12.89M	36.01M	11.45M

Annual (USD)	Dec 19	Dec 18	Dec 17	Dec 16
Revenue	198.18M	185.55M	181.11M	166.08M
Net income	-386K	-704K	4.53M	2.64M
Diluted EPS	-0.04	-0.05	0.2	0.11
Net profit margin	-0.19%	-0.38%	2.50%	1.59%
Operating income	-7.49M	-3.93M	-3.81M	929K
Net change in cash	263K	-11.92M	11.3M	-2.37M
Cash on hand	12.89M	12.63M	24.55M	13.25M

Financial data from company earnings reports

Recent insider trades

AAME insider ownership history Insider history

Date	Owner	Security	Transaction	Code	$Price	#Shares	$Value	#Remaining
26 Nov 19	Atlantic American	Class A Common Stock	Other	Aquire J	19	658,566	12.51M	880,272
4 Sep 19	Scott G Thompson	Common Stock	Grant	Aquire A	0	30,000	0	155,954
4 Sep 19	Jeffrey Ross Franklin	Common Stock	Grant	Aquire A	0	30,000	0	48,081
4 Sep 19	Howell Hilton H JR	Common Stock	Grant	Aquire A	0	80,000	0	545,274

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

Institutional ownership Q4 2019

AAME institutional ownership history Ownership history

4.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	17	0	+Infinity%
Opened positions	17	0	+Infinity%
Closed positions	0	0	NaN%
Increased positions	0	0	NaN%
Reduced positions	0	0	NaN%

13F shares	Current	Prev Q	Change
Total value	1.9M	0	+Infinity%
Total shares	1M	0	+Infinity%
Total puts	0	0	–
Total calls	0	0	–
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Dimensional Fund Advisors	583.91K	$1.1M	NEW
Voya Financial Advisors	76.76K	$147K	NEW
Bridgeway Capital Management	74.86K	$141K	NEW
Renaissance Technologies	54K	$106K	NEW
California Public Employees Retirement System	53.03K	$100K	NEW
NTRS Northern Trust	52.13K	$103K	NEW
Shufro Rose & Co	35.99K	$71K	NEW
BK Bank Of New York Mellon	25.81K	$51K	NEW
BLK BlackRock	15.89K	$31K	NEW
WFC Wells Fargo & Co.	12K	$24K	NEW

Largest transactions	Shares	Bought/sold	Change
Dimensional Fund Advisors	583.91K	+583.91K	NEW
Voya Financial Advisors	76.76K	+76.76K	NEW
Bridgeway Capital Management	74.86K	+74.86K	NEW
Renaissance Technologies	54K	+54K	NEW
California Public Employees Retirement System	53.03K	+53.03K	NEW
NTRS Northern Trust	52.13K	+52.13K	NEW
Shufro Rose & Co	35.99K	+35.99K	NEW
BK Bank Of New York Mellon	25.81K	+25.81K	NEW
BLK BlackRock	15.89K	+15.89K	NEW
WFC Wells Fargo & Co.	12K	+12K	NEW

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Content analysis ?

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: Aid, alternative, applied, apply, applying, average, began, beginning, cancellation, carryback, certainty, Clarifying, closely, contract, corroborated, country, create, DAC, decide, delay, depreciation, discontinued, disruption, driven, duration, economy, encourage, event, evolving, exceed, extended, Facilitation, fast, fewer, Framework, global, goodwill, grace, Hedging, implied, indefinitely, influence, interaction, Joint, large, lead, leading, led, leniency, lesser, loan, local, medical, method, minimum, modification, monitor, monitoring, mortality, ongoing, Organization, outbreak, pandemic, passed, payroll, people, permitted, population, predict, predicted, preserve, principle, prolonged, prospectively, qualified, qualify, quarter, reassessment, reduced, reduction, reference, reform, reliably, Relief, response, retention, routine, sheltering, short, simplify, Simplifying, slowdown, small, spread, technical, Test, thirty, uncertain, unemployment, unforeseen, unknown, volatile, volatility, volume, weakened, weakening, weighted, World

Removed: accrual, actively, activity, approach, arrangement, balance, benchmark, classification, comparability, competition, concept, consideration, continuing, coupled, enabling, enter, entitled, environment, execution, existed, experienced, forty, generating, hospital, hundred, indemnity, key, mathematical, matrix, modified, multiple, package, pooled, practical, repayment, requirement, retrospective, ROU, scope, sheet, smaller, subsequently, successful, surety, technique, transferred, transition, transparency, underwriter, unfavorable, widely, yielded

From filing 10-Q 2020 Q1