MMA Capital Management, LLC (NASDAQ:MMAC) CEO Michael L. Falcone acquired 500 shares of MMA Capital Management stock in a transaction on Thursday, July 13th. The shares were purchased at an average cost of $22.96 per share, with a total value of $11,480.00. Following the completion of the acquisition, the chief executive officer now owns 179,374 shares of the company’s stock, valued at approximately $4,118,427.04. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Shares of MMA Capital Management, LLC (NASDAQ MMAC) remained flat at $24.50 during trading on Friday. 9,240 shares of the company’s stock were exchanged. MMA Capital Management, LLC has a 52-week low of $17.10 and a 52-week high of $25.00. The company has a market capitalization of $143.37 million, a P/E ratio of 5.99 and a beta of 1.31. The firm has a 50 day moving average price of $23.43 and a 200-day moving average price of $22.99.
MMA Capital Management (NASDAQ:MMAC) last posted its earnings results on Wednesday, August 9th. The financial services provider reported $1.16 EPS for the quarter. MMA Capital Management had a net margin of 44.03% and a return on equity of 5.58%. The business had revenue of $10.97 million during the quarter.
A hedge fund recently raised its stake in MMA Capital Management stock. Catalyst Capital Advisors LLC increased its position in MMA Capital Management, LLC (NASDAQ:MMAC) by 20.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund 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 about 0.79% of MMA Capital Management worth $1,034,000 as of its most recent filing with the SEC. 14.69% of the stock is owned by institutional investors.
About MMA Capital Management
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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