Insider Buying: Bimini Capital Managment Director Acquires 15,000 Shares of Stock (BMNM)
Bimini Capital Managment (NASDAQ:BMNM) Director Robert J. Dwyer purchased 15,000 shares of the stock in a transaction dated Wednesday, June 4th. The shares were purchased at an average price of $0.78 per share, for a total transaction of $11,700.00. Following the completion of the acquisition, the director now directly owns 912,571 shares in the company, valued at approximately $711,805. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Bimini Capital Managment (NASDAQ:BMNM) opened at 0.78 on Friday. Bimini Capital Managment has a 52-week low of $0.11 and a 52-week high of $0.92. The stock’s 50-day moving average is $0.6 and its 200-day moving average is $0.45. The company has a market cap of $9.6 million and a P/E ratio of 3.09.
Bimini Capital Management, Inc (NASDAQ:BMNM) is organized and operates as a real estate investment trust (REIT).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.