American Homes 4 Rent (AMH): Dann V Angeloff , director of American Homes 4 Rent purchased 400 shares on Sep 27, 2016. The Insider buying transaction was reported by the company on Sep 28, 2016 to the Securities and Exchange Commission. The shares were purchased at $21.58 per share for a total value of $8,632.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 15, 2016, Jack E Corrigan (Chief Operating Officer) sold 91,324 shares at $20.97 per share price.On Jul 5, 2016, Douglas N Benham (director) purchased 8,000 shares at $25.20 per share price.Also, On Jul 5, 2016, David P. Singelyn (CEO) purchased 10,000 shares at $25.23 per share price.On Jan 21, 2016, David Goldberg (Executive Vice President) purchased 2,000 shares at $24.89 per share price.
Shares of American Homes 4 Rent (AMH) ended Tuesday, Sep 27, 2016 session in red amid volatile trading. The shares closed down -0.04 points or -0.18% at $21.62 with 30,90,894 shares getting traded. Post opening the session at $21.75, the shares hit an intraday low of $21.57 and an intraday high of $21.815 and the price vacillated in this range throughout the day. The company has a market cap of $5,154 M and the number of outstanding shares has been calculated to be 23,83,75,360 shares. The 52-week high of American Homes 4 Rent is $22.99 and the 52-week low is $13.16.
Company has been under the radar of several Street Analysts.American Homes 4 Rent is Reiterated by FBR Capital to Outperform and the brokerage firm has raised the Price Target to $ 26 from a previous price target of $22 .The Rating was issued on Aug 8, 2016.
American Homes 4 Rent is an internally managed real estate investment trust (REIT). The Company focuses on acquiring renovating leasing and operating single-family homes as rental properties. The Company has an integrated operating platform that consists of personnel engaged in property management acquisitions construction marketing leasing financial and administrative functions. As of December 31 2014 the Company’s entire portfolio of single-family properties was internally managed through its property management platform. The Company’s single-family properties include Dallas-Fort Worth Texas; Indianapolis Indiana; Atlanta Georgia; Charlotte North Carolina; Greater Chicago area Illinois and Indiana; Cincinnati Ohio; Houston Texas; Tampa Florida; Phoenix Arizona and Jacksonville Florida among others.