Insider Buying: ZAIS Financial Corp CIO Buys 1,000 Shares of Stock (ZFC)
ZAIS Financial Corp (NYSE:ZFC) CIO Brian Hargrave purchased 1,000 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The shares were purchased at an average price of $18.69 per share, for a total transaction of $18,690.00. Following the transaction, the executive now directly owns 7,499 shares in the company, valued at approximately $140,156. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
ZAIS Financial Corp (NYSE:ZFC) traded down 0.43% on Wednesday, hitting $18.60. The stock had a trading volume of 9,020 shares. ZAIS Financial Corp has a one year low of $15.62 and a one year high of $19.15. The stock has a 50-day moving average of $16.59 and a 200-day moving average of $16.70. The company has a market cap of $148.2 million and a price-to-earnings ratio of 4.49.
ZAIS Financial Corp (NYSE:ZFC) last released its earnings data on Tuesday, August 12th. The company reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by $0.05.
ZFC has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of ZAIS Financial Corp in a research note on Wednesday, August 13th. They now have a $22.00 price target on the stock, up previously from $20.00. Separately, analysts at Oppenheimer raised their price target on shares of ZAIS Financial Corp from $19.00 to $21.00 in a research note on Wednesday, August 13th. They now have an “outperform” rating on the stock. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of ZAIS Financial Corp from $20.00 to $22.00 in a research note on Wednesday, August 13th. They now have an “outperform” rating on the stock.
ZAIS Financial Corp. is a real estate investment trust (NYSE:ZFC).
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