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Thursday, Aug 22
CYS Investments CEO makes stock purchase
- CYS Investments (CYS) CEO and CIO Kevin Grant today purchased 34,248 shares of company stock at $6.90 each. The buy adds 6.1% to his stake in the company and he now owns roughly 596K shares.
- Source: SEC Form 4.
- CYS fared somewhat worse than the rest of the troubled mREIT sector in Q2, losing 20.7% of book value. At $6.90 the stock was trading just two-thirds of June 30's reported book (though book has likely decline somewhat since).
- Shares +0.6% AH to $6.95.