.jpg "Arbor Realty Trust (NYSE: ABR)")
Today, a Director at Arbor Realty Trust (NYSE: ABR), Melvin Lazar, bought shares of ABR for $46.95K.
Following this transaction Melvin Lazar’s holding in the company was increased by 2.7% to a total of $1.78 million. Following Melvin Lazar’s last ABR Buy transaction on April 02, 2018, the stock climbed by 0.7%.
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Based on Arbor Realty Trust’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $107 million and quarterly net profit of $28.08 million. In comparison, last year the company earned revenue of $84.02 million and had a net profit of $17.5 million. ABR’s market cap is $586.6M and the company has a P/E ratio of 7.57. Currently, Arbor Realty Trust has an average volume of 1.09M.
Melvin Lazar’s trades have generated a 91.3% 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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Arbor Realty Trust, Inc. is a real estate investment trust, which engages in the provision of loan origination and servicing for multifamily, seniors housing, healthcare, and diverse commercial real estate assets. It operates through the Structured Business and Agency Business segments.
