MMA Capital Management, LLC (MMAC) CEO Michael L. Falcone Acquires 500 Shares
MMA Capital Management, LLC (NASDAQ:MMAC) CEO Michael L. Falcone purchased 500 shares of MMA Capital Management stock in a transaction that occurred on Thursday, August 24th. The stock was acquired at an average price of $24.30 per share, with a total value of $12,150.00. Following the transaction, the chief executive officer now owns 181,524 shares in the company, valued at $4,411,033.20. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
MMA Capital Management, LLC (NASDAQ:MMAC) remained flat at $24.25 during mid-day trading on Friday. 6,271 shares of the company’s stock were exchanged. The company’s 50-day moving average is $23.58 and its 200-day moving average is $23.05. The company has a market capitalization of $141.91 million, a PE ratio of 5.92 and a beta of 1.31. MMA Capital Management, LLC has a one year low of $17.10 and a one year high of $25.00.
MMA Capital Management (NASDAQ:MMAC) last issued its earnings results on Wednesday, August 9th. The financial services provider reported $1.16 EPS for the quarter. The business had revenue of $10.97 million during the quarter. MMA Capital Management had a return on equity of 5.58% and a net margin of 44.03%.
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An institutional investor recently raised its position in MMA Capital Management stock. Catalyst Capital Advisors LLC boosted its position in shares of MMA Capital Management, LLC (NASDAQ:MMAC) by 20.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,780 shares of the financial services provider’s stock after buying an additional 8,093 shares during the period. Catalyst Capital Advisors LLC owned approximately 0.79% of MMA Capital Management worth $1,034,000 at the end of the most recent reporting period. Institutional investors own 14.69% of the company’s stock.
MMA Capital Management Company Profile
MMA Capital Management, LLC, formerly Municipal Mortgage & Equity, LLC, partners with institutional capital to create and manage investments in housing and renewable energy. The Company operates through three segments: United States (U.S.) Operations, International Operations and Corporate Operations.
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