Zais Financial Corp. (SLD) President Purchases $503,100.00 in Stock
Zais Financial Corp. (NYSE:SLD) President Jack J. Ross acquired 39,000 shares of the business’s stock in a transaction dated Friday, November 25th. The shares were acquired at an average cost of $12.90 per share, with a total value of $503,100.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Shares of Zais Financial Corp. (NYSE:SLD) traded up 0.77% on Tuesday, reaching $13.15. 24,831 shares of the company traded hands. The stock has a market capitalization of $407.12 million, a price-to-earnings ratio of 12.38 and a beta of 0.71. Zais Financial Corp. has a 1-year low of $12.40 and a 1-year high of $16.00. The company has a 50-day moving average of $13.41 and a 200-day moving average of $13.89.
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A number of equities research analysts have recently issued reports on SLD shares. Zacks Investment Research downgraded shares of Zais Financial Corp. from a “buy” rating to a “hold” rating in a research report on Saturday, November 5th. FBR & Co assumed coverage on shares of Zais Financial Corp. in a research report on Monday, November 7th. They set a “market perform” rating and a $14.00 price objective for the company.
About Zais Financial Corp.
Sutherland Asset Management Corporation, formerly ZAIS Financial Corp., is a diversified mortgage real estate investment trust (REIT). The Company originates, acquires, finances, services and manages small balance commercial loans (SBC) and Small Business Administration (SBA) loans. The Company focuses on maintaining its existing residential mortgage origination platform, GMFS.
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