Scott Ulm Increases Stake in ARMOUR Residential REIT, Inc.
CEO Scott Ulm bought 150,000 shares of ARMOUR Residential REIT, Inc. on June 16, 2026.
Key Points
- On June 16, 2026, Scott Ulm, CEO of ARMOUR Residential REIT, Inc., purchased 150,000 shares of the company.
- ARMOUR Residential REIT, Inc. (NYSE: ARR) has a market cap of $2.07 billion and a P/E ratio of 6.7.
- Other insiders also made significant purchases on the same day, while analysts have maintained diverse ratings on the stock.
Scott Ulm, the CEO of ARMOUR Residential REIT, Inc. (NYSE: ARR), made a significant move by purchasing 150,000 shares of the company on June 16, 2026. This purchase was not part of a pre-planned trading arrangement.
Insider Buying and Selling at ARMOUR Residential REIT, Inc.
On June 16, 2026, several key insiders at ARMOUR Residential REIT, Inc. increased their holdings. Alongside CEO Scott Ulm's purchase of 150,000 shares, Co-Chief Investment Officers Sergey Losyev and Desmond Macauley each acquired 50,000 shares. Meanwhile, CFO Gordon Harper added 75,000 shares to his holdings. These transactions were made at an undisclosed price.
Other Institutional Activity in ARMOUR Residential REIT, Inc.
Institutional investors have also been active in ARMOUR Residential REIT, Inc. BlackRock, Inc. reduced its position by 143,272 shares, leaving it with 17,315,697 shares valued at about $288.8 million. Vanguard Portfolio Management LLC added 6,670,179 shares, resulting in a total of 6,670,179 shares worth approximately $111.3 million. State Street Corp increased its stake by 205,852 shares to hold 4,126,058 shares valued at $68.8 million.
ARMOUR Residential REIT, Inc. Stock Snapshot
Shares of ARMOUR Residential REIT, Inc. (NYSE: ARR) traded near $16.68 recently. The company has a market capitalization of about $2.07 billion, with a P/E ratio of 6.7 and a forward P/E of 5.5. Its beta is 1.35, indicating a higher volatility than the market. The stock's 52-week range has seen lows of $13.98 and highs of $19.31. ARMOUR's 50-day moving average is $17.24, while the 200-day moving average is $16.92.
Analysts Set New Price Targets
Analysts have been weighing in on ARMOUR Residential REIT, Inc. On April 24, 2026, UBS maintained its 'hold' rating with an $18.00 price target. Jones Trading, on April 23, 2026, also maintained a 'buy' rating, setting a target of $19.00. The consensus among analysts is a target mean price of $18.38, based on four opinions.
About ARMOUR Residential REIT, Inc.
ARMOUR Residential REIT, Inc. is a real estate investment trust (REIT) that focuses on investing in residential mortgage-backed securities in the United States. Its portfolio includes securities issued or guaranteed by U.S. government-sponsored entities and the Government National Mortgage Administration. The company, headquartered in Vero Beach, Florida, was founded in 2008 and is led by CEO Scott Ulm.
Bottom Line
Scott Ulm's purchase of ARMOUR Residential REIT, Inc. shares highlights a notable insider action in the company. Investors often track insider transactions as they can provide insights into the insiders' confidence in the company's future. While 13F filings and insider trades are useful for historical context, they don't always reflect current positions or future company performance.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
