Insider Buying: MMA Capital Management LLC (MMAC) CEO Buys 500 Shares of Stock
MMA Capital Management LLC (NASDAQ:MMAC) CEO Michael L. Falcone acquired 500 shares of MMA Capital Management stock in a transaction that occurred on Thursday, May 18th. The shares were purchased at an average cost of $23.25 per share, with a total value of $11,625.00. Following the transaction, the chief executive officer now owns 175,449 shares of the company’s stock, valued at approximately $4,079,189.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
MMA Capital Management LLC (NASDAQ:MMAC) remained flat at $23.25 during mid-day trading on Monday. 3,888 shares of the company’s stock were exchanged. MMA Capital Management LLC has a 52-week low of $16.90 and a 52-week high of $24.00. The stock has a 50 day moving average of $23.31 and a 200-day moving average of $21.00. The firm has a market capitalization of $137.13 million, a PE ratio of 6.37 and a beta of 1.84.
MMA Capital Management (NASDAQ:MMAC) last released its earnings results on Wednesday, May 10th. The financial services provider reported ($0.59) earnings per share (EPS) for the quarter. The firm had revenue of $8.86 million for the quarter. MMA Capital Management had a return on equity of 6.48% and a net margin of 87.82%.
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About MMA Capital Management
MMA Capital Management, LLC, formerly Municipal Mortgage & Equity, LLC, partners with institutional capital to create and manage investments in housing and renewable energy. The Company operates through three segments: United States (U.S.) Operations, International Operations and Corporate Operations.
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