Blackstone Mortgage Trust, Inc. (BXMT): Anthony F. Jr Marone , Chief Financial Officer of Blackstone Mortgage Trust, Inc. sold 182 shares on Jun 30, 2016. The Insider selling transaction was reported by the company on Jul 1, 2016 to the Securities and Exchange Commission. The shares were sold at $27.32 per share for a total value of $4,972.24 , 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 1, 2016, Thomas C Ruffing (Managing Director) sold 248 shares at $28.01 per share price.On Jun 1, 2016, Anthony F. Jr Marone (Chief Financial Officer) sold 434 shares at $28.01 per share price.Also, On Jun 1, 2016, Douglas N. Armer (Treasurer, Managing Director) sold 1,208 shares at $28.01 per share price.On May 4, 2016, Leonard W Cotton (director) purchased 2,000 shares at $27.58 per share price.
Blackstone Mortgage Trust Inc: On Wednesday, Jun 29, 2016 heightened volatility was witnessed in Blackstone Mortgage Trust Inc which led to swings in the share price. The shares opened for trading at $27.16 and hit $27.505 on the upside , eventually ending the session at $27.25, with a gain of 0.78% or 0.21 points. The heightened volatility saw the trading volume jump to 6,32,551 shares. The 52-week high of the share price is $29.88 and the company has a market cap of $2,559 M . The 52-week low of the share price is at $22.13.
Company has been under the radar of several Street Analysts.Blackstone Mortgage Trust Inc is Initiated by Credit Suisse to Outperform. The Rating was issued on Apr 18, 2016.
Blackstone Mortgage Trust Inc. is a holding company. The Company is a real estate investment trust (REIT) which is a real estate finance company that originates and purchases senior loans collateralized by properties in North America and Europe. The Company has two operating segments: the Loan Origination segment and the CT Legacy Portfolio segment. The Company’s Loan Origination segment includes the Company’s activities associated with the origination and acquisition of mortgage loans the capitalization of its loan portfolio and the costs associated with operating its business. CT Legacy Partners’ portfolio consists of cash loans securities and other assets. The Company’s focus is to originate loans and invest in debt and related instruments supported by institutional commercial real estate. It directly originates co-originates and acquires debt instruments in conjunction with acquisitions refinancing and recapitalizations of commercial real estate around the world.