Today, the CEO of Front Yard Residential Corporation (RESI), George Ellison, bought shares of RESI for $231.8K.
This recent transaction increases George Ellison’s holding in the company by 7.05% to a total of $3.59 million. In addition to George Ellison, 3 other RESI executives reported Buy trades in the last month.
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Based on Front Yard Residential Corporation’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $48.82 million and GAAP net loss of $47.93 million. In comparison, last year the company earned revenue of $30.42 million and had a GAAP net loss of $42.92 million. Currently, Front Yard Residential Corporation has an average volume of 1.46M.
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Front Yard Residential Corp. is a real estate investment trust, which is focused on acquiring and managing quality, affordable single-family rental properties for working class families throughout the United States. It purchases sub-performing and non-performing mortgage loans. The company was founded on July 19, 2012 and is headquartered in Christiansted, U.
