The CEO of Hatteras Financial Corporation (NYSE:HTS) Michael Hough bought 12,500 shares on July 31 at an average price of $20.05. The total transaction amount was $250,625.
Michael Hough has been the CEO of Hatteras Financial Corporation since September 2007. Mr. Hough is also a co-founder and a director of this Company. Before his time at Hatteras he was a principal and founding member of the First Winston Securities and a taxable trader of Wachovia Bank.
President and COO Benjamin Hough and Director Ira Kawaller also together bought 13,200 shares of HTS stock on July 30, 2013.
Hatteras Financial Corporation announced their 2013 second quarter financial results. The Company reported net interest income of $63.4 million.