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Annaly CEO purchases $1M in stock

  • Wellington Denahan purchased 93K shares of company stock at $10.68 each on Friday, boosting her stake to 1.288M shares.
  • Annaly (NYSE:NLY) had been trying to rebound from an ugly spring and summer, but earnings season in general has not been pretty for the mREITs, and Annaly's report and management commentary were particularly troublesome for investors. The stock yesterday took out new multi-year lows.
  • Annaly earnings coverage.
  • Shares +0.3% premarket.

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Annaly Capital Management, Inc.