Granite Point Mortgage Trust (NYSE:GPMT) Director Sells $13,600.00 in Stock
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Granite Point Mortgage Trust (NYSE:GPMT) Director Hope Woodhouse sold 5,000 shares at an average price of $2.72, totaling $13,600. This sale represents a 4.38% decrease in her holdings, leaving her with 109,097 shares valued at approximately $296,743.84. The transaction was disclosed to the SEC. The stock opened at $2.8350, with a market cap of $134.38 million. The company recently paid a quarterly dividend of $0.05 per share, yielding 7.1%. Analysts have mixed ratings on the stock, with a consensus rating of "Hold" and a target price of $3.13.
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