Alan Krenek, SVP – CFO – Secretary – Treasurer of Basic Energy Services, Inc. (BAS) Just Unloaded Shares; Amerisafe (AMSF)’s Sentiment Is 0.99

AMERISAFE, Inc., an insurance holding company, provides workersÂ’ compensation insurance in the United States. The company has market cap of $1.09 billion. The Company’s workersÂ’ compensation insurance policies provide benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. It has a 23.67 P/E ratio. The firm serves small to mid-sized employers involved in construction, trucking, logging and lumber, manufacturing, agriculture, maritime, gas and oil, and other industries through agencies.

The SVP – CFO – Secretary – Treasurer of Basic Energy Services Inc, Alan Krenek has made a surprising sale in the Texas-based company that is worth $4,981 US Dollars. As shown in the D.C. based-SEC public report filed on March 12, 2018, Alan sold 300 shares at an average stock price per share of $16.6. Alan Krenek now indirectly has ownership of 0 shares. He also directly has ownership of 49852 shares. In total he holds a stake of 0.19%.

The stock increased 2.04% or $0.36 during the last trading session, reaching $18.02. About 325,292 shares traded. Basic Energy Services, Inc. (NYSE:BAS) has 0.00% since March 12, 2017 and is . It has underperformed by 16.70% the S&P500.

Among 20 analysts covering Basic Energy Services (NYSE:BAS), 7 have Buy rating, 1 Sell and 12 Hold. Therefore 35% are positive. Basic Energy Services has $51 highest and $1.50 lowest target. $12.38’s average target is -31.30% below currents $18.02 stock price. Basic Energy Services had 49 analyst reports since August 3, 2015 according to SRatingsIntel. On Wednesday, September 9 the stock rating was maintained by Macquarie Research with “Underperform”. As per Monday, August 31, the company rating was upgraded by Wunderlich. On Wednesday, January 13 the stock rating was maintained by Iberia Capital Partners with “Outperform”. On Wednesday, January 17 the stock rating was maintained by Seaport Global with “Buy”. As per Monday, February 22, the company rating was downgraded by Raymond James. The rating was upgraded by Deutsche Bank on Thursday, January 19 to “Buy”. Howard Weil downgraded the shares of BAS in report on Monday, December 14 to “Sector Perform” rating. The firm has “Hold” rating by Piper Jaffray given on Thursday, October 12. The rating was downgraded by Simmons & Co to “Neutral” on Monday, October 26. The rating was maintained by Imperial Capital on Monday, October 26 with “In-Line”.

Basic Energy Services, Inc. provides well site services to oil and natural gas drilling and producing companies in the United States. The company has market cap of $472.47 million. The Company’s Completion and Remedial Services segment offers pumping services, such as cementing, acidizing, fracturing, nitrogen, and pressure testing; rental and fishing tools; coiled tubing; snubbing services; thru-tubing; cased-hole wireline services; and underbalanced drilling in low pressure and fluid sensitive reservoirs. It currently has negative earnings. This segment operates 281 pumping units; and 47 air compressor packages.

Tygh Capital Management Inc. holds 1.27% of its portfolio in Amerisafe, Inc. for 108,928 shares. Smith Graham & Co. Investment Advisors Lp owns 163,819 shares or 1% of their US portfolio. Moreover, Dean Capital Management has 0.98% invested in the company for 35,932 shares. The Wisconsin-based Cortina Asset Management Llc has invested 0.74% in the stock. Granite Investment Partners Llc, a California-based fund reported 187,372 shares.

The stock decreased 0.44% or $0.25 during the last trading session, reaching $56.8. About 72,309 shares traded. Amerisafe, Inc. (AMSF) has declined 3.80% since March 12, 2017 and is downtrending. It has underperformed by 20.50% the S&P500.