We wouldn’t blame MFA Financial, Inc. (NYSE:MFA) shareholders if they were a little worried about the fact that Bryan Wulfsohn, the Senior VP & Co-Chief Investment Officer recently netted about US$912k selling shares at an average price of US$7.71. Probably the most concerning element of the whole transaction is that the dump amounted to 57% of their entire holding.
The Last 12 Months Of Insider Transactions At MFA Financial
Notably, that recent sale by Bryan Wulfsohn is the biggest insider sale of MFA Financial shares that we’ve seen in the last year. That means that an insider was selling shares at around the current price of US$7.70. While we don’t usually like to see insider selling, it’s more concerning if the sales take place at a lower price. In this case, the big sale took place at around the current price, so it’s not too bad (but it’s still not a positive).
You can see the insider transactions (by individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Insiders own 0.7% of MFA Financial shares, worth about US$26m. While this is a strong but not outstanding level of insider ownership, it’s enough to indicate some alignment between management and smaller shareholders.
So What Does This Data Suggest About MFA Financial Insiders?
An insider hasn’t bought MFA Financial stock in the last three months, but there was some selling. And there weren’t any purchases to give us comfort, over the last year. While insiders do own shares, they don’t own a heap, and they have been selling. We’re in no rush to buy! Therefore, you should should definitely take a look at this FREE report showing analyst forecasts for MFA Financial.
Of course MFA Financial may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
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If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.