The President & CEO of Capstead Mortgage (CMO) is Buying Shares


Today, the President & CEO of Capstead Mortgage (NYSE: CMO), Phillip Reinsch, bought shares of CMO for $135.6K.

Following this transaction Phillip Reinsch’s holding in the company was increased by 8.19% to a total of $1.78 million. In addition to Phillip Reinsch, 5 other CMO executives reported Buy trades in the last month.

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Based on Capstead Mortgage’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $79.24 million and quarterly net profit of $8.66 million. In comparison, last year the company earned revenue of $56.79 million and had a net profit of $16.72 million. CMO’s market cap is $613.8M and the company has a P/E ratio of 14.29. Currently, Capstead Mortgage has an average volume of 3.26M.

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Capstead Mortgage Corp. operates as a self-managed real estate investment trust. It invests in a leveraged portfolio of residential mortgage pass-through securities consisting of adjustable-rate mortgage securities issued and guaranteed by government-sponsored enterprises, or by an agency of the federal government.

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