MMA Capital Management, LLC (NASDAQ:MMAC) CEO Michael L. Falcone bought 500 shares of the stock in a transaction on Thursday, June 29th. The shares were acquired at an average cost of $22.90 per share, for a total transaction of $11,450.00. Following the purchase, the chief executive officer now owns 178,374 shares in the company, valued at $4,084,764.60. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink.
MMA Capital Management, LLC (MMAC) opened at 22.90 on Friday. The stock has a market cap of $135.06 million, a PE ratio of 6.27 and a beta of 1.31. MMA Capital Management, LLC has a 1-year low of $17.10 and a 1-year high of $24.00. The firm’s 50-day moving average price is $22.79 and its 200 day moving average price is $22.48.
MMA Capital Management (NASDAQ:MMAC) last released its quarterly earnings results on Wednesday, May 10th. The financial services provider reported ($0.59) EPS for the quarter. The business had revenue of $8.86 million for the quarter. MMA Capital Management had a return on equity of 4.53% and a net margin of 43.37%.
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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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