Insider Buying: Nisha Motani Acquires 1,800 Shares of ZAIS Financial Corp Stock (ZFC)
ZAIS Financial Corp (NYSE:ZFC) CAO Nisha Motani acquired 1,800 shares of ZAIS Financial Corp stock on the open market in a transaction dated Thursday, August 21st. The shares were purchased at an average price of $18.72 per share, with a total value of $33,696.00. Following the transaction, the chief accounting officer now directly owns 1,694 shares in the company, valued at approximately $31,712. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on ZFC shares. 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 (NYSE:ZFC) traded up 0.43% during mid-day trading on Monday, hitting $18.88. The stock had a trading volume of 108,922 shares. ZAIS Financial Corp has a 52 week low of $15.62 and a 52 week high of $19.15. The stock has a 50-day moving average of $16.80 and a 200-day moving average of $16.74. The company has a market cap of $150.5 million and a price-to-earnings ratio of 4.55.
ZAIS Financial Corp (NYSE:ZFC) last announced its earnings results 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.
ZAIS Financial Corp. is a real estate investment trust (NYSE:ZFC).
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