MMA Capital Management LLC (MMAC) CFO Buys $10,840.00 in Stock

MMA Capital Management LLC (NASDAQ:MMAC) CFO David C. Bjarnason bought 400 shares of the company’s stock in a transaction on Tuesday, September 11th. The shares were bought at an average price of $27.10 per share, for a total transaction of $10,840.00. Following the completion of the acquisition, the chief financial officer now directly owns 4,950 shares in the company, valued at approximately $134,145. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

MMAC stock traded down $0.10 during mid-day trading on Friday, hitting $27.60. 10,969 shares of the company were exchanged, compared to its average volume of 4,973. The company has a debt-to-equity ratio of 1.09, a quick ratio of 12.64 and a current ratio of 32.13. The company has a market capitalization of $159.53 million, a P/E ratio of 11.41 and a beta of 0.31. MMA Capital Management LLC has a 1-year low of $23.70 and a 1-year high of $30.58.

An institutional investor recently raised its position in MMA Capital Management stock. Dimensional Fund Advisors LP boosted its stake in shares of MMA Capital Management LLC (NASDAQ:MMAC) by 74.7% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 33,000 shares of the financial services provider’s stock after buying an additional 14,113 shares during the period. Dimensional Fund Advisors LP owned approximately 0.58% of MMA Capital Management worth $846,000 as of its most recent filing with the SEC. 10.53% of the stock is currently owned by institutional investors.

MMA Capital Management Company Profile

MMA Capital Management, LLC creates and manages investments in housing and renewable energy sectors in the United States and internationally. Its investments in debt securities comprises multifamily tax-exempt bonds, as well as other real estate related bond investments. The company offers leveraged bonds; low-income housing tax credits; asset management and administrative services to a limited liability company and a commercial bank; and guarantees to the institutional investors related to the receipt of tax credits.

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