Insider Buying: MMA Capital Management, LLC (NASDAQ:MMAC) CEO Buys 500 Shares of Stock

MMA Capital Management, LLC (NASDAQ:MMAC) CEO Michael L. Falcone acquired 500 shares of the stock in a transaction on Thursday, June 29th. The shares were acquired at an average price of $22.90 per share, with a total value of $11,450.00. Following the transaction, the chief executive officer now directly owns 178,374 shares of the company’s stock, valued at $4,084,764.60. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Shares of MMA Capital Management, LLC (NASDAQ MMAC) opened at 23.10 on Friday. The stock has a 50 day moving average of $22.77 and a 200 day moving average of $22.61. The company has a market cap of $136.24 million, a price-to-earnings ratio of 6.33 and a beta of 1.31. MMA Capital Management, LLC has a 12-month low of $17.10 and a 12-month high of $24.00.

MMA Capital Management (NASDAQ:MMAC) last issued its quarterly earnings data on Wednesday, May 10th. The financial services provider reported ($0.59) EPS for the quarter. The company 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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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.

Insider Buying and Selling by Quarter for MMA Capital Management (NASDAQ:MMAC)

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