According to GuruFocus’ Insider Data, these were the largest CEO buys during the past week. The overall trend of purchases is illustrated in the chart below:
ARMOUR Residential REIT Inc.: Co-CEO and President Jeffrey J. Zimmer bought 8,000 shares
Zimmer bought 8,000 shares on Dec. 28 at a price of $21.67 per share. The price of the stock has increased by 0.09% since.
ARMOUR invests in and manages a leveraged portfolio of residential mortgage-backed securities. It invests in residential mortgage-backed securities issued or guaranteed by a U.S. government-sponsored entity. The company has a market cap of $797.26 million. As of Dec. 30, its shares traded at $21.69 with a P/E ratio of -21.73.
Net income for the third quarter of 2016 was $118.7 million.
Zimmer also bought 10,000 shares of ARR stock on Dec. 19 at a price of $20.89 per share. The price of the stock has increased by 3.83% since.
CFO James R. Mountain bought 2,000 shares of ARR stock on Dec. 28 at a price of $21.67. The price of the stock has increased by 0.09% since.
ARMOUR Residential REIT Inc.: Co-CEO and CIO Scott Ulm bought 7,000 shares
Ulm bought 7,000 shares on Dec. 28 at a price of $21.54 per share. The price of the stock has increased by 0.7% since.
For the complete list of stocks that were bought by their company CEOs, go to: CEO Buys.
Disclosure: I do not own stock in any of the companies mentioned in the article.
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