Great Ajax Corp. (AJX): Mary B Doyle , CFO of Great Ajax Corp. purchased 3,148 shares on May 4, 2016. The Insider buying transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were purchased at $13.91 per share for a total value of $43,802.85 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 10, 2015, Lawrence Mendelsohn (CEO) purchased 3,610 shares at $12.00 per share price.On Sep 1, 2015, Russell Schaub (PRESIDENT) purchased 3,000 shares at $12.85 per share price.Also, On May 12, 2015, Glenn J Ohl (CFO) purchased 1,000 shares at $13.69 per share price.
Great Ajax Corp: On Wednesday, May 4, 2016 heightened volatility was witnessed in Great Ajax Corp which led to swings in the share price. The shares opened for trading at $13.65 and hit $14.15 on the upside , eventually ending the session at $14.15, with a gain of 3.66% or 0.5 points. The heightened volatility saw the trading volume jump to 2,42,079 shares. The 52-week high of the share price is $14.49 and the company has a market cap of $226 M . The 52-week low of the share price is at $9.06.
Great Ajax Corp. is an externally managed real estate company. The Company is focused on acquiring investing in and managing a portfolio of re-performing and non-performing mortgage loans secured by single-family residences and to a lesser extent single-family properties. It also invests in loans secured by multi-family residential and commercial mixed use retail/residential properties as well as in the properties directly. The multi-family and commercial mixed-use properties have loan values of up to approximately $5 million. The Company is managed by Thetis Asset Management LLC. Thetis TRS is a wholly owned subsidiary of the Company’s operating partnership that owns its 19.8% equity interest in the Manager. As of December 31 2014 the Company’s 1340 loan portfolio consisted of 72.7% of re-performing loans and 27.3% of non-performing loans. The Company conducts its business through its operating partnership Great Ajax Operating Partnership L.P. and its subsidiaries.