A Director at America First Tax Exempt LP (ATAX) is Selling Shares


Today, a Director at America First Tax Exempt LP (NASDAQ: ATAX), Michael Yanney, sold shares of ATAX for $127.8K.

Following Michael Yanney’s last ATAX Sell transaction on November 11, 2015, the stock climbed by 2.0%.

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Based on America First Tax Exempt LP’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $16.48 million and quarterly net profit of $5.95 million. In comparison, last year the company earned revenue of $16.08 million and had a net profit of $6.14 million. ATAX’s market cap is $386.9M and the company has a P/E ratio of 14.88. Currently, America First Tax Exempt LP has an average volume of 92.63K.

The insider sentiment on America First Tax Exempt LP has been positive according to 43 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Michael Yanney’s trades have generated a -4.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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America First Multifamily Investors LP engages in the acquisition of a portfolio of mortgage revenue bonds that are issued by state and local housing authorities to provide construction and permanent financing for affordable multifamily and student housing and commercial properties.

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