A Director at MFA Financial is Exercising Options

By Carrie Williams

Today, a Director at MFA Financial, Robin Josephs, exercised options of MFA Financial (NYSE: MFA) for $63.51K. The options were close to expired and Robin Josephs retained stocks.

Following this transaction Robin Josephs’ holding in the company was increased by 9.57% to a total of $727.5K. Following Robin Josephs’ last MFA Buy transaction on November 27, 2012, the stock climbed by 3.5%.

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MFA’s market cap is $3.08B and the company has a P/E ratio of 9.80. Currently, MFA Financial has an average volume of 230.7K.

Eight different firms, including B.Riley FBR and Citigroup, currently also have a Buy rating on the stock.

Robin Josephs’ trades have generated a 14.3% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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MFA Financial, Inc. is a real estate investment trust, which engages in the business of investment, on a leveraged basis, in residential mortgage assets including agency mortgage-backed securities, non-agency mortgage-backed securities, and residential whole loans.