MMA Capital Management LLC (MMAC) CFO Acquires $10,768.00 in Stock

MMA Capital Management LLC (NASDAQ:MMAC) CFO David C. Bjarnason purchased 400 shares of the business’s stock in a transaction that occurred on Tuesday, October 9th. The shares were purchased at an average cost of $26.92 per share, with a total value of $10,768.00. Following the completion of the acquisition, the chief financial officer now directly owns 8,250 shares in the company, valued at $222,090. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

MMAC stock traded down $0.01 during trading on Friday, hitting $26.40. 2,902 shares of the stock traded hands, compared to its average volume of 8,965. MMA Capital Management LLC has a one year low of $23.70 and a one year high of $30.58. The company has a market capitalization of $151.87 million, a P/E ratio of 10.86 and a beta of 0.37. The company has a quick ratio of 12.64, a current ratio of 32.13 and a debt-to-equity ratio of 1.09.

MMA Capital Management (NASDAQ:MMAC) last announced its quarterly earnings results on Thursday, August 9th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter. MMA Capital Management had a net margin of 127.87% and a return on equity of 7.26%. The firm had revenue of $3.50 million during the quarter.

An institutional investor recently bought a new position in MMA Capital Management stock. Sei Investments Co. acquired a new stake in MMA Capital Management LLC (NASDAQ:MMAC) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 5,905 shares of the financial services provider’s stock, valued at approximately $161,000. Sei Investments Co. owned approximately 0.10% of MMA Capital Management at the end of the most recent quarter. 10.53% of the stock is currently owned by hedge funds and other institutional investors.

MMA Capital Management Company Profile

MMA Capital Management, LLC creates and manages investments in housing and renewable energy sectors in the United States and internationally. Its investments in debt securities comprises multifamily tax-exempt bonds, as well as other real estate related bond investments. The company offers leveraged bonds; low-income housing tax credits; asset management and administrative services to a limited liability company and a commercial bank; and guarantees to the institutional investors related to the receipt of tax credits.

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