MMA Capital Management LLC (NASDAQ:MMAC) CEO Michael L. Falcone purchased 500 shares of the business’s stock in a transaction that occurred on Thursday, May 4th. The stock was bought at an average cost of $23.55 per share, for a total transaction of $11,775.00. Following the acquisition, the chief executive officer now owns 174,449 shares in the company, valued at approximately $4,108,273.95. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
MMA Capital Management (NASDAQ:MMAC) last released its quarterly earnings data on Wednesday, May 10th. The financial services provider reported ($0.59) earnings per share for the quarter. MMA Capital Management had a net margin of 87.82% and a return on equity of 6.48%. The company had revenue of $8.86 million during the quarter.
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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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