Seeking Alpha

New York Mortgage Trust CEO picks up company shares

  • New York Mortgage Trust (NYMT +4.1%) CEO Steven Mumma adds to his stake in the company, purchasing 25K shares today at $5.65 each. The purchase increases by nearly 15% his company holdings which now total more than 195K shares.
  • After today's big gain, the stock's off about 19% over the last 90 days.
  • Earlier: Another mREIT insider buy as the AG Mortgage Investment CEO steps in.
  • Mortgage REIT ETFs: REM, MORT, MORL.
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