Recent Insider Activity: Western Asset Mortgage Capital Corporation $WMC

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Western Asset Mortgage Capital Corporation (NYSE:WMC) insider have most recently took part in a trading activity. On Dec 27, 2017 Murphy Jennifer, President and CEO bought 10,000 shares having total worth of $102,200 at the price of $10.22 per share, following the transaction a total of 47,500 shares owned by Murphy Jennifer. Before this latest buy, Murphy Jennifer purchased WMC at 2 other times during the past twelve months, for a total investment of $99,450 at an average of $9.95 per share.

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.

Shares of Western Asset Mortgage Capital Corporation (NYSE:WMC) traded up 0.29% on Dec 26, 2017, hitting $10.22. 215,416 shares of the company’s stock traded hands. Western Asset Mortgage Capital Corporation has a 52 week low of $9.51 and a 52 week high of $11.15. The company’s market cap is $448 million.

Western Asset Mortgage Capital Corporation (NYSE:WMC) last announced its earnings results on Nov 7, 2017. The company reported 0.32 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.33 by $0.01. The company had revenue of $19 million for the quarter, compared to the consensus estimate of $17 million. During the same quarter in the previous year, the company posted 0.35 earnings per share. The company’s revenue for the quarter was down 14% on a year-over-year basis.

2017-11-07 2017-08-08 2017-05-03 2017-03-06 2016-11-02 2016-08-03 2016-05-06 2016-03-01 2015-11-04 2015-07-31
earnings per share 0.32 0.32 0.25 0.52 0.35 0.30 0.23 0.39 0.54 0.76
Revenue(M) 18.57 19.65 19.69 26.73 21.47 21.49 21.64 27.4 28.84 34.45

Western Asset Mortgage Capital Corp was organized in the state of Delaware on June 3, 2009. The Company is a residential real estate finance company that invests in residential mortgage assets in the United States. The Company is primarily focused on investing in, financing and managing Agency RMBS. Although the Company’s core investment strategy is focused on Agency RMBS, the Company has supplemented its portfolio with Non-Agency RMBS and may, in the future, invest in commercial mortgage-backed securities and asset-backed securities.

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.