The President & CEO of Hannon Armstrong (HASI) is Buying Shares


Today, the President & CEO of Hannon Armstrong (NYSE: HASI), Jeffrey Eckel, bought shares of HASI for $41.89K.

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Based on Hannon Armstrong’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $27.91 million and GAAP net loss of $1.72 million. In comparison, last year the company earned revenue of $23.8 million and had a net profit of $6.6 million. HASI’s market cap is $970.2M and the company has a P/E ratio of 53.24. Currently, Hannon Armstrong has an average volume of 369.1K.

Starting in July 2015, HASI received 72 Buy ratings in a row. Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $23.67, reflecting a -21.5% downside. Eight different firms, including B.Riley FBR and Merrill Lynch, currently also have a Buy rating on the stock.

The insider sentiment on Hannon Armstrong has been positive according to 37 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Jeffrey Eckel’s trades have generated a 19.1% 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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Hannon Armstrong Sustainable Infrastructure Capital, Inc. engages in the provision of capital and services focuses on reducing climate changing greenhouse gas emissions. It involves in the energy efficiency, renewable energy, and other sustainable infrastructure markets. The company was founded on November 7, 2012 and is headquartered in Annapolis, MD.

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