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Armour Residential Reit Inc (ARR) Co-CEO and CIO Scott Ulm Bought $1.4 million of Shares

- By insider

Co-CEO and CIO of Armour Residential Reit Inc (ARR) Scott Ulm bought 80,000 shares of ARR on 05/22/2019 at an average price of $17.93 a share. The total cost of this purchase was $1.4 million.

ARMOUR Residential REIT Inc invests in and manages a leveraged portfolio of residential mortgage backed securities. It invests in residential mortgage backed securities issued or guaranteed by a United States Government-sponsored entity. ARMOUR Residential REIT Inc has a market cap of $1.07 billion; its shares were traded at around $17.97 with and P/S ratio of 2.64. The dividend yield of ARMOUR Residential REIT Inc stocks is 12.69%. ARMOUR Residential REIT Inc had annual average EBITDA growth of 18.60% over the past ten years.


CEO Recent Trades:

  • Co-CEO and President Jeffrey J Zimmer bought 80,000 shares of ARR stock on 05/22/2019 at the average price of $17.93. The price of the stock has increased by 0.22% since.
  • Co-CEO and CIO Scott Ulm bought 80,000 shares of ARR stock on 05/22/2019 at the average price of $17.93. The price of the stock has increased by 0.22% since.
  • Co-CEO and President Jeffrey J Zimmer bought 5,000 shares of ARR stock on 04/26/2019 at the average price of $19.32. The price of the stock has decreased by 6.99% since.
  • Co-CEO and CIO Scott Ulm bought 5,000 shares of ARR stock on 04/26/2019 at the average price of $19.32. The price of the stock has decreased by 6.99% since.

CFO Recent Trades:

  • CFO James R Mountain bought 3,000 shares of ARR stock on 05/15/2019 at the average price of $18.55. The price of the stock has decreased by 3.13% since.

Directors and Officers Recent Trades:

  • Chairman of the Board Daniel C Staton bought 5,000 shares of ARR stock on 05/09/2019 at the average price of $18.7. The price of the stock has decreased by 3.9% since.
  • Director Robert C Hain sold 750 shares of ARR stock on 05/20/2019 at the average price of $18.27. The price of the stock has decreased by 1.64% since.

For the complete insider trading history of ARR, click here

.This article first appeared on GuruFocus.