Insider Trader Watch: Bimini Capital Management Inc. $BMNM

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Bimini Capital Management Inc. (BMNM) insider have most recently took part in a trading activity. On Nov 27, 2017 Dwyer Robert J, Director bought 4,100 shares having total worth of $10,865 at the price of $2.65 per share, following the transaction a total of 1,151,517 shares owned by Dwyer Robert J. Before this latest buy, Dwyer Robert J purchased BMNM at 2 other times during the past twelve months, for a total investment of $80,856 at an average of $2.46 per share.

The stock has experienced a total of 1 insider trades in the past three months. These trades include 1 buy trades. Furthermore, over the past 12 months , the stock was traded 2 times by insiders. an employee of the company was the buyer in 2 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 1 0 -8.62%
12 Month 2 0 79.05%

Bimini Capital Management, Inc., a Maryland corporation was originally formed in September 2003 as Bimini Mortgage Management, Inc. Subsequently, the Company changed its name to Bimini Capital Management, Inc. on September 28, 2007. The Company operates as a real estate investment trust. It is in the business of investing in mortgage-backed securities (MBS). The Company manages a portfolio of agency mortgage-backed securities and structured mortgage-backed securities. The primary assets in its current portfolio of mortgage related securities are fixed-rate MBS, adjustable-rate MBS (‘ARM’s’), hybrid adjustable-rate MBS (‘hybrid ARM’s’) and structured MBS. The mortgage related securities it acquired are obligations issued by federal agencies or federally chartered entities which include Fannie Mae, Freddie Mac and Ginnie Mae.

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.