Today, the CFO of ARMOUR Residential REIT Inc (ARR), James Mountain, bought shares of ARR for $29.65K.
This recent transaction increases James Mountain’s holding in the company by 3.8% to a total of $824.6K. Following James Mountain’s last ARR Buy transaction on December 28, 2016, the stock climbed by 2.3%.
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Currently, ARMOUR Residential REIT Inc has an average volume of 1.06M.
James Mountain’s trades have generated a 11.6% 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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ARMOUR Residential REIT, Inc. operates as a real estate investment trust, which engages in the business of investing in fixed rate, hybrid adjustable rate and adjustable rate residential mortgage backed securities. It also invests in residential mortgage backed securities issued or guaranteed by a United States government-sponsored entity such as the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation or guaranteed by the Government National Mortgage Administration. The company was founded on February 5, 2008 and is headquartered in Vero Beach, FL.
