Arlington Asset Investment Corp. (AI) CEO Eric F Billings buys 150,000 Shares

Chairman & CEO of Arlington Asset Investment Corp. (AI, Financial) Eric F Billings buys 150,000 shares of AI on 12/10/2009 at an average price of $14.6 a share.

Arlington Asset Investment Corporation is a publicly traded company that invests on a leveraged basis in residential mortgage-backed securities (MBS), including collateralized mortgage obligations (CMOs). These CMOs are either issued by a United States Government agency, or guaranteed as to principal and interest by United States Government agencies or United States Government-sponsored entities. The Company also invests in both AAA-rated MBS issued by private organizations (private-label MBS) and net interest margin securities and it holds merchant banking investments. In addition to this, the company owns approximately 39% interest in FBR Capital Markets Corporation. FBR Capital Markets Corporation is a holding company for various subsidiaries that conducts capital markets, asset management and merchant banking businesses. Arlington Asset Investment Corp. has a market cap of $112.8 million; its shares were traded at around $14.25 with and P/S ratio of 0.2.

AI is in the portfolios of Charles Brandes of Brandes Investment.

Insiders' Positions with AI

  • Sell:: 10% Owner Management Llc Passport sold 34,990 shares of AI stock on 07/13/2009 at the average price of 7, the price of the stock has increased by 103.57% since

  • Sell:: 10% Owner Management Llc Passport sold 79,467 shares of AI stock on 07/10/2009 at the average price of 7, the price of the stock has increased by 103.57% since

  • Sell:: 10% Owner Management Llc Passport sold 5,453 shares of AI stock on 07/01/2009 at the average price of 8, the price of the stock has increased by 78.13% since

  • Sell:: 10% Owner Management Llc Passport sold 10 shares of AI stock on 06/30/2009 at the average price of 8, the price of the stock has increased by 78.13% since

  • Sell:: 10% Owner Management Llc Passport sold 19,257 shares of AI stock on 06/26/2009 at the average price of 8.4, the price of the stock has increased by 69.64% since