Notable Insider Trading: MMA Capital Management, LLC $MMAC

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MMA Capital Management, LLC (MMAC) insider have most recently took part in a trading activity. On Jun 15, 2017 Falcone Michael L, CEO and President bought 1,000 shares having total worth of $22,970 at the price of $22.97 per share, following the transaction a total of 177,374 shares owned by Falcone Michael L. Before this latest buy, Falcone Michael L purchased MMAC at 18 other times during the past twelve months, for a total investment of $142,430 at an average of $21.05 per share.

The stock has experienced a total of 26 insider trades in the past three months. These trades include 26 buy trades. Furthermore, over the past 12 months , the stock was traded 64 times by insiders. an employee of the company was the buyer in 64 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 26 0 0.45%
12 Month 64 0 50.94%

Shares of MMA Capital Management, LLC (MMAC) traded up 0.22% on Jun 16, 2017, hitting $22.4. 10,112 shares of the company’s stock traded hands. MMA Capital Management, LLC has a 52 week low of $13.9 and a 52 week high of $23.65. The company’s market cap is $111 million.

MMA Capital Management, LLC (MMAC) last announced its earnings results on May 10, 2017. The company reported -0.59 earnings per share (EPS) for the quarter. The company had revenue of $9 million for the quarter During the same quarter in the previous year, the company posted 2.51 earnings per share. The company’s revenue for the quarter was up 36% on a year-over-year basis.

2017-05-10 2017-03-15 2016-11-09 2016-08-09 2016-05-11 2016-01-29 2015-11-13 2015-08-12 2015-05-13
earnings per share -0.59 0.00 0.44 0.80 2.51 0.00 0.49 1.01 -0.04
Revenue(M) 8.86 0 8.5 6.98 6.5 0 7.02 7.39 7.11

Municipal Mortgage & Equity, LLC, was organized in 1996 as a Delaware limited liability company and are classified as a partnership for federal income tax purposes. The Company’s main business is the management of its bond portfolio, which consists primarily of tax-exempt bonds issued by state and local government authorities to finance multifamily rental housing developments (including affordable housing, student housing and senior living facilities) and community development districts. The Company has, however, faced with competition in its bond business from various financial institutions, including banks and mutual funds, with respect to the debt and preferred equity it occasionally attempt to place.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.