Great Ajax Corp. (AJX) Files Form 4 Insider Buying : Lawrence Mendelsohn Buys 18,000 Shares

Great Ajax Corp. (AJX): Lawrence Mendelsohn , CEO of Great Ajax Corp. purchased 18,000 shares on Jun 10, 2016. The Insider buying transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were purchased at $13.25 per share for a total value of $238,500.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 14, 2016, Mary B Doyle (CFO) purchased 4,271 shares at $13.10 per share price.On Jun 14, 2016, Russell Schaub (PRESIDENT) purchased 7,547 shares at $13.25 per share price.Also, On Dec 10, 2015, Lawrence Mendelsohn (CEO) purchased 3,610 shares at $12.00 per share price.On May 12, 2015, Glenn J Ohl (CFO) purchased 1,000 shares at $13.69 per share price.

Shares of Great Ajax Corp (AJX) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.7 points or -5.00% at $13.29 with 6,02,486 shares getting traded. Post opening the session at $12.97, the shares hit an intraday low of $12.95 and an intraday high of $13.29 and the price vacillated in this range throughout the day. The company has a market cap of $212 M and the number of outstanding shares has been calculated to be 1,59,42,638 shares. The 52-week high of Great Ajax Corp is $14.49 and the 52-week low is $9.06.

Great Ajax Corp Money Flow Index Chart

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.

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